82608 Us Highway 111, Indio, CA 92201

1,760 SF | Retail Building | Indio, CA 92201 | $2,500,000 ($1,420/SF) | 4.50% Cap Rate

Asking Price $2,500,000

Property Type: Retail, Restaurant
Square Feet: 1,760 SF
Price / Square Foot: $1,420

Listing Contacts

Josef Jonathan

Property Overview

JUST REDUCED! Introducing an exceptional Absolute-NNN investment opportunity for WIENERSCHNITZEL | 82608 US HIGHWAY 111 | INDIO, CA 92201. This single-tenant drive-thru restaurant boasts a top-tier location, with a 60-year operating history and a rare 15-year absolute NNN corporate lease featuring 2% annual rent increases. Owned by the financially-robust Galardi Group, this Wienerschnitzel location presents a recession-proof investment in the fast-food industry, a sector showing consistent growth. Strategically positioned in an Opportunity Zone, this property offers potential tax benefits and is surrounded by thriving developments, including over 750 new housing units in progress. Situated in a densely populated area with high daily traffic, adjacent to key attractions like the Riverside County Fairgrounds, Riverside County Courthouse, and Downtown Indio, this property draws continuous footfall from various anchors, ensuring steady business flow. Don't miss out on this lucrative NNN investment opportunity that combines stability, long-term tenant commitment, and prime location for WIENERSCHNITZEL | 82608 US HIGHWAY 111 | INDIO, CA 92201.

Property Details

Class: C
Year Built/Renovated: 1966/2010
Stories: 1
Property Subtype: Freestanding
Lot Size (sq. ft): 19,602 SF

Highlights

Absolute NNN Investment - Leased Through 12/31/2038
Corporate Lease with 60-Year Operating History at Location - Originally Opened in 1966
Drive-Thru Location among Top-Performing Wienerschnitzels in of all California
Across the Street from the Riverside County Fairgrounds & County Courthouse
Opportunity Zone

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