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44680 Jackson St 9,200 SF 100% Leased Retail Building Indio, CA 92201 $3,294,371 CAD ($358.08 CAD/SF) 6% Cap Rate
EXECUTIVE SUMMARY
CBRE is pleased to present the opportunity to acquire 44680 Jackson Street, a fully leased, ±9,200 square foot two-tenant retail asset in the heart of Indio, California.
The property is strategically located at the high-visibility intersection of Jackson Street and Avenue 44, within one of the city’s most active commercial corridors and less than one mile from both Interstate 10 and Highway 111.
The center is anchored by Aaron’s (8,000 SF), a national, publicly traded lease-to-own retailer operating over 1,200 stores across the U.S. and Canada. Aaron’s has been at this location since 2006, and recently exercised a five-year option 18 months ahead of schedule, signaling a strong commitment to the site. The lease includes a corporate guaranty. The secondary tenant, MS Flooring (1,200 SF), has operated continuously at the property since 2009 under a true NNN lease, providing reliable, passive income.
The property is strategically located at the high-visibility intersection of Jackson Street and Avenue 44, within one of the city’s most active commercial corridors and less than one mile from both Interstate 10 and Highway 111.
The center is anchored by Aaron’s (8,000 SF), a national, publicly traded lease-to-own retailer operating over 1,200 stores across the U.S. and Canada. Aaron’s has been at this location since 2006, and recently exercised a five-year option 18 months ahead of schedule, signaling a strong commitment to the site. The lease includes a corporate guaranty. The secondary tenant, MS Flooring (1,200 SF), has operated continuously at the property since 2009 under a true NNN lease, providing reliable, passive income.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
9,200 SF
Building Class
B
Year Built
2010
Price
$3,294,371 CAD
Price Per SF
$358.08 CAD
Cap Rate
6%
NOI
$197,662 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.29
Lot Size
0.72 AC
Opportunity Zone
Yes
Zoning
RC
Parking
40 Spaces (4.05 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 611-282-037 | Improvements Assessment | $1,626,956 CAD |
| Land Assessment | $801,291 CAD | Total Assessment | $2,428,248 CAD |
PROPERTY TAXES
Parcel Number
611-282-037
Land Assessment
$801,291 CAD
Improvements Assessment
$1,626,956 CAD
Total Assessment
$2,428,248 CAD
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44680 Jackson St
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