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78621 CA-111 Hwy
La Quinta, CA 92253 Outlying Palm Springs

$3,450,000 USD

Fast Food For Sale  •  2,864 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,864 SF
  • Lot Size 0.76 AC
  • Building Class C
  • Year Built 2018
  • Tenancy Single
  • Zoning CR
0 Transit Score
64 Walk Score

Highlights

El Pollo Loco with Drive-Thru | Absolute NNN Corporate Ground Lease; 13 years remaining, two 5-year options | 10% increases every 5 years
T- Mobile Monopalm Cell Tower Site Lease | Long Term Tenant since 1996 | 6+ years remaining, four 5-year options | 15% increases every 5 years
Prime retail location; within Washington Park shopping center, a 600,000 sq. ft. major power center anchored by Target, Lowes, Trader Joe's and more
Strong Retail, High Traffic Corridor | Located on HWY 111, City's primary retail corridor & near heaviest intersection with traffic count of 90k+ CPD
Dense, Affluent, High Growth Area; over 187,000 population within 5 miles radius with an average household income in excess of $120k within 1 mile
La Quinta is 1 of 9 cities in Coachella Valley; a popular tourist destination with 14.4 million annual visitors & approx. 500,000 in population

Property Flyers

Amenities

  • Corner Lot
  • Drive Thru
  • Monument Signage

Public Transportation

AirportDriveWalkDistance
Palm Springs International 28 min - 19.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Bria Yik 323-377-4082 Real Estates Unlimited
Bria Yik 323-377-4082 Real Estates Unlimited