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$ 6,700,000
Est. payment | /mo
23,400 SqFt
$ 6,700,000
Est. payment | /mo
23,400 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 23,400 sqft
Price per Sqft $286
MLS Listing ID 219127522
HOA Y/N No
Year Built 2008
Lot Size 1.670 Acres
Acres 1.67
Property Sub-Type Retail
Property Description
Introducing a premier 23,400 sq. ft. retail plaza boasting over 500 feet of coveted Main Street frontage in the vibrant core of Coachella. Built in 2008, this high-visibility center is anchored by 13 long-term tenants and maintains a strong 96% occupancy rate, making it a well-established landmark in one of the city's most active commercial corridors.
With consistent foot traffic, a strategic location, and a proven tenant mix, this property offers an exceptional opportunity for investors seeking stable income or operators aiming to expand in a dynamic, growth-oriented market. Currently offered at a 6.5% cap rate, this plaza delivers the ideal balance of location, performance, and long-term potential.
With consistent foot traffic, a strategic location, and a proven tenant mix, this property offers an exceptional opportunity for investors seeking stable income or operators aiming to expand in a dynamic, growth-oriented market. Currently offered at a 6.5% cap rate, this plaza delivers the ideal balance of location, performance, and long-term potential.
Location
State CA
County Riverside
Area 315 - Coachella
Others
Special Listing Condition Standard
Listed by Keller Williams Realty
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Jorge Sanchez & Lisa Molinar
REALTORS® | Lic# 01958848 | 01882273