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Circle K Center Restaurant Pad For Lease 40965 Jefferson St 7,800 SF of Retail Space Available in Indio, CA 92203
Highlights
- Jefferson Street exit from the I-10 freeway.
- New Circle K convenience store with a fuel station
- Freeway accessible
- Automated car wash
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 7,800 SF | 5-10 Years | $23.09 CAD/SF/YR $1.92 CAD/SF/MO $180,117 CAD/YR $15,010 CAD/MO | Triple Net (NNN) |
1st Floor
This ground lease opportunity is located within the newly constructed Circle K Center at the southwest corner of Varner Road and Jefferson Street in Indio—one of the Coachella Valley’s most active and highly traveled intersections. The offering consists of a prime restaurant pad featuring a partially constructed drive-thru lane, directly fronting a newly opened Circle K convenience store with full-service fuel operations. The center also includes an automated car wash, further enhancing customer traffic and repeat visits. The site is approved for the development of a ±2,600 square foot restaurant building, making it ideal for quick-service or fast-casual concepts seeking strong visibility and accessibility. Key site improvements and amenities include utilities stubbed to the pad (water, multiple sewer lines, gas, and electrical conduits), a dedicated 1,500-gallon grease trap for the exclusive use of the tenant, and approximately 65 shared parking spaces.
- Lease rate does not include utilities, property expenses or building services
- Drive Thru
- Ground lease
- Retail pad for a 2,600 square feet restaurant
- Designed with a Drive-Through lane
- Freeway accessible
- $130,000 per year plus NNN
- Water, sewer, gas, and grease trap are to the site
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Circle K Center Restaurant Pad For Lease
- Tenant
- Description
- US Locations
- Reach
- Circle K
- Convenience Market
- 6,159
- International
| Tenant | Description | US Locations | Reach |
| Circle K | Convenience Market | 6,159 | International |
Property Facts
| Total Space Available | 7,800 SF | Gross Leasable Area | 8,151 SF |
| Property Type | Retail | Year Built | 2023 |
| Property Subtype | Restaurant |
| Total Space Available | 7,800 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 8,151 SF |
| Year Built | 2023 |
About the Property
Positioned at one of the Coachella Valley’s most prominent intersections—the Jefferson Street exit off Interstate 10—this high-visibility site offers exceptional exposure and accessibility. Anchored by a newly constructed Circle K convenience store with a full-service fuel station, the center benefits from consistent daily traffic and built-in customer draw. An on-site automated car wash further enhances repeat visitation and convenience. This offering presents a rare opportunity to ground lease a ±7,800 square foot restaurant pad, approved for the development of a ±2,600 square foot building featuring a drive-thru lane—ideal for quick-service or fast-casual concepts seeking strong vehicular traffic and ease of access. Ownership is offering a flexible ground lease structure with an initial 10-year term and multiple extension options, providing long-term stability in a rapidly growing trade area.
- Restaurant
- Drive Thru
Presented by
Circle K Center Restaurant Pad For Lease | 40965 Jefferson St
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