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Gas Station w/ Convenience Store & Restaurant 74478 Hwy 111 5,285 SF 100% Leased Retail Building Palm Desert, CA 92260 $8,042,036 CAD ($1,521.67 CAD/SF)
INVESTMENT HIGHLIGHTS
- Well maintained center hosting fuel, a convenient store, postal office and a Mexican restaurant
- Signalized Intersection
- Impressive demographics
- Great corner location on Highway 111, a major Coachella Valley corridor connecting Palm Springs to Coachella
- Sinclair Oil has over 1,600 self-branded stations in more than 30 states
- Over 41,000 cars per day
EXECUTIVE SUMMARY
- Well maintained center hosting fuel, a convenient store, postal office and a Mexican restaurant
- Great corner location
- Signalized Intersection
- Sinclair Oil has over 1,600 self-branded stations in more than 30 states
- Significant traffic count of 41,165 cars per day
- Impressive demographics
- Across from heavily trafficked & vibrant Albertsons Shopping Center
- Close proximity to El Paseo (The Rodeo Drive of the Desert), Indian Wells Tennis Garden, and numerous hotels
- Three access drives provide ease of ingress and egress
- Great corner location
- Signalized Intersection
- Sinclair Oil has over 1,600 self-branded stations in more than 30 states
- Significant traffic count of 41,165 cars per day
- Impressive demographics
- Across from heavily trafficked & vibrant Albertsons Shopping Center
- Close proximity to El Paseo (The Rodeo Drive of the Desert), Indian Wells Tennis Garden, and numerous hotels
- Three access drives provide ease of ingress and egress
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,285 SF
Building Class
B
Year Built
1997
Price
$8,042,036 CAD
Price Per SF
$1,521.67 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.82 AC
Zoning
GC-General Commercial
Parking
18 Spaces (3.41 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Guadalajara Cafe
- Retailer
- 1,385 SF
- -
- Triple Net
- -
- Mail Bag
- Professional, Scientific, and Technical Services
- 428 SF
- -
- Triple Net
- -
-
- Retailer
- 2,713 SF
- -
- Triple Net
- -
Sinclair is committed to creating products that help fill up the lives of their customers, their team and their country. A privately held, vertically integrated oil company, they're involved in all aspects of their industry, from oil and gas exploration to motor fuel distribution. They have executive offices in Salt Lake City, Utah; two refineries in Wyoming; and over 1,500 branded Sinclair stations in 29 states.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Guadalajara Cafe | Retailer | 1,385 SF | - | Triple Net | - | |
| Mail Bag | Professional, Scientific, and Technical Services | 428 SF | - | Triple Net | - | |
|
|
Retailer | 2,713 SF | - | Triple Net | - |
Walk Score®
Very Walkable (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 625-095-012 | Improvements Assessment | $3,494,296 CAD |
| Land Assessment | $2,223,642 CAD | Total Assessment | $5,717,938 CAD |
PROPERTY TAXES
Parcel Number
625-095-012
Land Assessment
$2,223,642 CAD
Improvements Assessment
$3,494,296 CAD
Total Assessment
$5,717,938 CAD
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Gas Station w/ Convenience Store & Restaurant | 74478 Hwy 111
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