47985 Monroe Street is a freestanding 17,393-square-foot retail building, formerly occupied by Rite Aid, strategically positioned at a signalized hard-corner intersection in the heart of Indio’s primary retail corridor.
Situated on approximately 1.69 acres, the property features a drive-thru and 70 surface parking spaces, offering flexibility for a variety of retail and service uses under NC (Neighborhood Center) zoning. 47985 Monroe Street's prominent location at Monroe Street and Avenue 48 benefits from a combined traffic count of approximately 66,152 vehicles per day, delivering strong visibility and exposure.
The property is also situated within one of Riverside County’s most established retail corridors, supported by a strong mix of national retailers and big-box shopping destinations, driving consistent consumer activity. Accessibility is a key advantage, with convenient access to Interstate 10 and State Route 111, providing seamless connectivity throughout Palm Springs and the greater Coachella Valley.
The immediate area is further supported by a steady base of government offices, schools, and municipal services, which contribute to reliable daytime traffic and sustained local demand. The surrounding 10-mile trade area includes approximately 301,319 residents with an average household income of $116,252, providing a solid demographic foundation that reinforces the property’s long-term retail appeal.
This Indio, California, location is surrounded by a dynamic entertainment and lifestyle setting, highlighted by its proximity to the Indian Wells Tennis Garden—home of the BNP Paribas Open—as well as the Empire Polo Club, which hosts the nationally recognized Coachella Valley Music and Arts Festival and Stagecoach. Known as the City of Festivals, the area draws significant seasonal and year-round visitors, complemented by an abundance of golf courses, equestrian facilities, and polo events.
