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SONIC 42350 Jefferson St 2,328 SF Retail Building Indio, CA 92201 $3,629,392 CAD ($1,559.02 CAD/SF) 5.77% Cap Rate



INVESTMENT HIGHLIGHTS
- Located on a high-traffic street with great visibility.
- Surrounded by growing commercial and residential developments.
- Offers Absolute NNN lease- zero landlord responsibilities.
- Close to major amenities, enhancing tenant and customer convenience.
EXECUTIVE SUMMARY
Prime investment opportunity in the heart of Indio, CA—positioned within the thriving Coachella Valley and adjacent to major retail, dining, and entertainment drivers. This modern asset offers exceptional visibility, easy access to Interstate 10, and benefits from Indio’s strong year-round tourism and robust residential growth. The property is strategically located to capture traffic from high-profile annual events such as Coachella, Stagecoach, and the Tamale Festival, delivering consistent customer flow and long-term value potential.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$209,388
|
$89.94
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $209,388 |
| Annual Per SF | $89.94 |
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
2,328 SF
Building Class
B
Year Built
2018
Price
$3,629,392 CAD
Price Per SF
$1,559.02 CAD
Cap Rate
5.77%
NOI
$209,388 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.91 AC
Zoning
C11 - Commercial
Frontage
203’ on Jefferson St.
AMENITIES
- Restaurant
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Accommodation and Food Services
- -
- -
- Triple Net
- -
For more than 60 years, SONIC, America’s Drive-In has built a dominant position in the drive-in restaurant business. SONIC did it by sticking to what made drive-ins so popular in the first place: made-to-order American classics, signature menu items, speedy service from friendly Carhops and heaping helpings of fun and personality. SONIC is part of the Inspire Brands family of restaurants.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
Accommodation and Food Services | - | - | Triple Net | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 606-060-030 | Improvements Assessment | $2,753,392 CAD (2025) |
| Land Assessment | $688,347 CAD (2025) | Total Assessment | $3,441,740 CAD (2025) |
PROPERTY TAXES
Parcel Number
606-060-030
Land Assessment
$688,347 CAD (2025)
Improvements Assessment
$2,753,392 CAD (2025)
Total Assessment
$3,441,740 CAD (2025)
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SONIC | 42350 Jefferson St
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