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Investment Highlights

  • Rare Value-Add Grocery Anchored Asset In Dense Southern California Location.
  • Category-Dominant Food 4 Less and dd’s Co-Anchors.
  • : The trade area is experiencing consistent population growth, with an increase in population of 8.2% between 2020 and 2025.
  • Near-term value-creation opportunity through lease-up of approximately 26,033 square feet of vacant GLA (19% of total GLA).
  • Approximately 81% of the occupied square footage consists of national and regional tenants.

Executive Summary

Indio Plaza is a 138,183 square foot Food 4 Less and dd’s Discounts anchored neighborhood shopping center located in the growing and densely populated Coachella Valley community of Indio, CA. The property is situated along the signalized intersection of California Highway 111 and Monroe Street, and benefits from strong traffic counts of over 46,900 vehicles per day along these thoroughfares. The offering presents the rare opportunity to acquire a seasoned grocery anchored shopping center featuring best-in-class anchor tenancy within a densely populated and growing Southern California submarket.
Indio Plaza features an 81% national and regional credit tenant base and is anchored by a strong performing 58,000 square foot (approximate) Food 4 Less grocer. Additional national and regional tenancy within the collateral includes dd’s Discounts (Ross Stores - BBB+ S&P Rating), Denny’s (freestanding pad), Subway, Flame Broiler, Sally Beauty, and Don Roberto Jewelers.

Property Facts

Price $33,147,708 CAD
Price / SF $239.88 CAD / SF
Cap Rate 6.50%
Sale Type Investment
Status Active
Number of Properties 6
Individually For Sale 0
Total Building Size 138,183 SF
Total Land Area 31.88 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Food4Less
82124 US Highway 111, Indio, CA 92201
Retail 58,000 SF 1969 -
82152-82154 US Highway 111, Indio, CA 92201 Retail 26,533 SF 1969 -
82140-82150 Highway 111, Indio, CA 92201 Retail 23,000 SF 1969 -
Indio Plaza
82126-82128 US Highway 111, Indio, CA 92201
Retail 18,600 SF 1969 -
Indio Plaza
82158-82184 US Highway 111, Indio, CA 92201
Retail 8,300 SF 1972 -
82120 US Highway 111, Indio, CA 92201 Retail 3,750 SF 1969 -
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  • Listing ID: 40529799

  • Date on Market: 2026-05-14

  • Last Updated:

  • Address: Indio Plaza, Indio, CA

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