83931 Indio Boulevard
Indio, CA 92201

$1,550,000

Description

NNN leased investment. 7.3% cap rate. 2 parcels, 2 buildings, 4 tenants. NOI = $113,496 / year. auto parts store and used car lot. stable tenants on a 5 year lease. plus a .7 acre undeveloped land area formerly leased as a contractors yard. (check with city for regulations).

Details

MLS#TR18286793
StyleRetail
Sub-TypeResale
StatusActive
Days On Site46

Features

SQ Feet9,400
Story(s)0

Market Activity 92201

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Area Information

StateCA
CountyRiverside
CityIndio
Zip Code92201
Area309 - Indio North of East Valley
Listing VS Median (in 92201)
Price:
$1,550,000
low | high
Med:
$302,950
100% of Average
SqFt:
9,400
low | high
Med:
1,677
100% of Average
$ / SqFt:
$165
low | high
Med:
$181
40.311759035276% of Average
On Site:
46
low | high
Med:
34
100% of Average
Listing Updated: 02/19/2019
MLS Number: TR18286793
Listing Provided By:
Lee Spence  of  Daum Commercial RE Services
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