Circle K | Coachella, CA
4,625 SF | Retail Building | Coachella, CA 92236 | $4,111,000 ($889/SF) | 4.50% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $4,111,000
- Property Type
-
Retail
- Square Feet
- 4,625 SF
- Price / Square Foot
- $889
Listing Contacts
Bill Asher
Verified Profile
Jeff Lefko
Verified Profile
- Property Info
Property Overview
15-Year absolute NNN ground lease. Pad to grocery anchored shopping center in this major tourist destination with 14 million annual visitors.
Property Details
- Class
- B
- Year Built
- 2025
- Stories
- 1
- Property Subtype
- Grocery/Convenience Store
- Lot Size (sq. ft)
- 54,886 SF
Highlights
- Single-Tenant Circle K Convenience Store and Gas Station: New 15-year absolute NNN ground lease; zero landlord responsibilities
- High-Traffic, Signalized Intersection Location; Surrounded by Top Performing Tenants (Per Placer.ai): Situated at Cesar Chavez Street and Avenue 50
- Easily Accessible to Highways 86 and 111: Blocks away from the two major state highways connecting the entire Coachella Valley
- Dense, High-Growth Trade Area: 108,776 people within a 5-mile radius; 71% population growth within a 3-mile radius from 2010 to 2020
- Major Tourist Attraction: The Coachella Valley attracts over 14 million visitors each year
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