Commercial Real Estate in Indio available for sale
Indio Drive Through Restaurants For Sale

Drive Through Restaurants for Sale in Indio, CA, USA

More details for 47985 Monroe St, Indio, CA - Retail for Sale

Auction - REIT Sale | Former Rite Aid - 47985 Monroe St

Indio, CA 92201

  • Drive Through Restaurant
  • Retail for Sale
  • $344,375 CAD
  • 17,393 SF
  • Air Conditioning

Indio Retail for Sale - Coachella Valley

Marcus & Millichap is pleased to present the opportunity to acquire a vacant, free-standing retail building located at 47985 Monroe Street in Indio, California 92201 (the “Property”). Formerly occupied by Rite Aid, the Property is being offered significantly below replacement cost, creating an exceptional opportunity for investors to acquire a highly visible, strategically positioned asset in the Coachella Valley submarket with substantial value enhancement potential. Constructed in 2008, the Property consists of a ±17,393 square foot, single-story retail building situated on a ±1.685-acre parcel (±73,413 SF). The site features a drive-thru, two curb cuts for convenient ingress and egress, and 70 surface parking spaces, supporting a wide range of retail and service-oriented users. Positioned at a hard-corner, signalized intersection, the Property offers excellent visibility with approximately ±175 feet of frontage along Monroe Street (±20,579 VPD) and ±248 feet of frontage along Avenue 48 (±15,573 VPD). Previously leased to Rite Aid on a triple-net (NNN) basis, the Property presents an immediate value-add opportunity through re-tenanting at market rates (CoStar estimated retail rents of $16–$27/SF NNN). The site is located within an affluent residential community and supported by numerous big box retailers, benefiting from strong traffic and consistent consumer draw. Zoned NC, Neighborhood Center, the Property offers flexible zoning that accommodates a broad range of retail, service, and commercial uses. Indio is a city in Riverside County strategically located in the Coachella Valley submarket approximately 125 miles east of Los Angeles, 23 miles east of Palm Springs, and 130 miles north of San Diego. The market benefits from strong regional visibility and consumer draw, with proximity to the Indian Wells Tennis Garden—home of the BNP Paribas Open—and convenient access to a deep roster of national retailers and big-box shopping destinations throughout the surrounding trade area. As one of Riverside County’s most established retail nodes, the area is supported by a concentration of retailers including Walmart, Costco, Home Depot, Lowe’s, Target, Hobby Lobby, Trader Joe’s, Kohl’s, Sprouts, Best Buy, Starbucks, Walgreens. Indio is the commercial and services hub for the region, supporting surrounding communities including Coachella, Palm Desert, and Palm Springs. Healthcare demand is anchored by JFK Memorial Hospital, a 145-bed acute-care hospital located ±2-min from the Property, providing an important source of steady employment and daily traffic. The immediate trade area is further anchored by government offices, schools, and municipal services that generate consistent daytime activity and year-round consumer demand, positioning the Property. Regional connectivity is provided via I-10, located approximately ±3.5-Mi from the Property, and Ca-111, which offer direct access to Palm Springs and the broader Riverside County region. The surrounding ±5-Mi trade area is home to ±193,482 residents with an average household income (AHHI) of ±$113,243. Collectively, these fundamentals reinforce the Property’s exposure to a growing desert submarket within the broader Coachella Valley, supported by tourism, event-driven traffic, expanding residential growth, and established regional retail demand.

Contact:

Marcus & Millichap

Property Subtype:

Drug Store

Date on Market:

2026-04-07

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More details for 42150 Jackson St, Indio, CA - Retail for Sale

CVS Pharmacy | Absolute NNN Ground Lease - 42150 Jackson St

Indio, CA 92203

  • Drive Through Restaurant
  • Retail for Sale
  • $5,640,863 CAD
  • 12,900 SF
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More details for 48151 Grapefruit Blvd, Coachella, CA - Retail for Sale

Value-Add Starbucks & Shops - 48151 Grapefruit Blvd

Coachella, CA 92236

  • Drive Through Restaurant
  • Retail for Sale
  • $4,497,538 CAD
  • 4,862 SF
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More details for 42290 Jefferson St, Indio, CA - Retail for Sale

Starbucks - 42290 Jefferson St

Indio, CA 92201

  • Drive Through Restaurant
  • Retail for Sale
  • $3,726,138 CAD
  • 2,100 SF
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More details for 44175 Jefferson St, La Quinta, CA - Retail for Sale

Dutch Bros | 10+Yrs Remain Corp Abs NNN - 44175 Jefferson St

La Quinta, CA 92253

  • Drive Through Restaurant
  • Retail for Sale
  • $3,508,493 CAD
  • 862 SF
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More details for 78621 CA-111 Hwy, La Quinta, CA - Retail for Sale

El Pollo Loco Abs NNN Ground Lease + T-Mobile - 78621 CA-111 Hwy

La Quinta, CA 92253

  • Drive Through Restaurant
  • Retail for Sale
  • $4,752,375 CAD
  • 2,864 SF

La Quinta Retail for Sale - Coachella Valley

This Offering presents prospective purchasers with the opportunity to acquire a two tenant corporate lease Investment with strong corporate guarantees; El Pollo Loco absolute NNN ground lease and a T-Mobile Mono-palm cell tower site lease. El pollo loco has approximately 13 years remaining on the initial term, 10% rental increases every 5 years with the next increase in April 1, 2028. The lease also includes two, 5-year renewal options. T-Mobile, a long term tenant since 1996, has approx. 6+ years remaining with four - 5-year options and attractive 15% increase every 5 years. The Subject Property is well situated in a prime retail location; along HWY 111, the area's primary retail and traffic corridor, near the the signalizes intersection of HWY 111 and Washington St. with a combine traffic count of 90,000+ CPD and within Washington Park shopping center, a 600,000 sq. ft. major power center anchored by Target, Lowe's, Trader Joe's, TJ Maxx, Ulta, Cost Plus World Market, and many more. La Quinta is an affluent, high growth city with over 187,000 population and an average household income in excess of $103,000 within a 5 mile radius. It is one of the nine cities in Riverside's County, Coachella Valley; a popular tourist destination with 14.4 million annual visitors and a significant population growth to approximately 500,000. With annual rental increases and an absolute NNN ground lease with zero landlord responsibilities, this asset is the perfect offering for an investor seeking a long -term and fully passive investment.

Contact:

Real Estates Unlimited

Property Subtype:

Fast Food

Date on Market:

2025-04-10

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More details for 82950 Hwy 111 CA State Highway, Indio, CA - Land for Sale

82950 Hwy 111 CA State Highway

Indio, CA 92201

  • Drive Through Restaurant
  • Land for Sale
  • $738,340 CAD
  • 0.38 AC Lot

Indio Land for Sale - Coachella Valley

The property is zoned Downtown Neighborhood (DT-N). This zone is a flexible urban development environment. Buildings can be designed to be set back further from the sidewalk, and may have less active uses on the ground floor. Building façades are simple and planar and Building heights are up to 4 stories, but may reach 6 when community benefits are included. The intent of this Zoning District is to generate a comfortable, walkable urban environment that functions and performs well, regardless of market conditions. The Public Defender & District Attorney offices are located directly across the highway in a new 4-story building. The courts and new jail are across the Hwy as well. The City of Indio built a large public parking lot across the street (Smurr) to the west of the subject property behind the Applebee's Restaurant. The seller has old approved building plans for 8 office suites (5,536 net rentable space)in a 2-story building design. Plans will probably need to be revised to current building codes. A portion of the property was the former site of a gas filling station from the 1940's-1960's. The site has been decommissioned, remediated and all documentation regarding the hazardous waste state of condition, is in order and available to the buyer at escrow opening. Buyer to verify zoned land use with the City of Indio and City parking lot for higher SF use. We've had some inquiries about building restaurant space with a Drive Thru element, since the City of Indio approved the Starbucks building development at the corner of Oasis & 111. Building design is a Drive-Thru with walk-up window and no indoor or outdoor seating. The DT-SP zoning does not allow Drive Thru's. The city approved the CUP for this land use, rationalizing the Starbucks lot's proximity to MUC (Mixed Use Commercial) zoned property (485 LF west). Building must be situated from 0 - 15 lineal feet of Hwy 111 for CUP drive thru approval based upon the design layout being consistent and covered under a prior EIR for the City of Indio General Plan 2040, Finding of Consistency for the c/Section 15183 (Finding of Consistency) Subject property for sale is approx. 375 LF west of MUC zoned property (Marshall Street & 111), with same elements for consistent and covered status under a prior EIR for the City of Indio General Plan 2040, Finding of Consistency for the c/Section 15183

Contact:

Arris Properties

Property Subtype:

Commercial

Date on Market:

2024-04-29

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More details for Jefferson St & I-10 Offramp, Indio, CA - Land for Sale

I-10 Offramp Potential Hotel Site Available - Jefferson St & I-10 Offramp

Indio, CA 92201

  • Drive Through Restaurant
  • Land for Sale
  • $3,429,223 - $13,236,252 CAD
  • 3.81 - 20.43 AC Lots
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More details for 79395 Highway 111, La Quinta, CA - Land for Sale

Pad Site in Walmart Center in La Quinta, Cali - 79395 Highway 111

La Quinta, CA 92253

  • Drive Through Restaurant
  • Land for Sale
  • Price Upon Request
  • 0.57 AC Lot
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Drive Through Restaurants For Sale

Drive Through Restaurants

A drive-thru restaurant is a type of fast food establishment that provides customers with the ability to order and receive their meal while still in their car. This type of restaurant has been on the rise in recent years with an increase in demand for quick, mobile-friendly food options.

The majority of drive through restaurants are located on or near busy streets, making them easy for drivers to access. This accessibility can be attractive to investors as it will increase potential revenues by attracting more customers without extensive advertising costs.

Why should you buy a restaurant with a drive through as an investor?

There are many reasons to invest in a drive through restaurant. These restaurants can be profitable if they're modeled correctly and managed well. You need to consider several things when investing in a drive-through restaurant, such as location and demographics, before deciding whether or not it's right for you

The first thing that needs consideration is where your potential business should be located. A major factor here is population density - what does the neighborhood look like? Is there plenty of foot traffic on any given day? If so, this would mean more customers for the restaurant! You also want to make sure there are no competing businesses nearby that may lure away your customer base; try looking at some other areas of town with less competition and underserved population.

What are the costs of buying a drive through restaurant?

The costs to consider include the cost of the building, renovations or repairs and upgrades needed in order to do business. There may be additional fees such as franchise fees, permits, licensing. Talk to your broker about additional costs.

The cost for a commercial property itself will vary depending on the size and location; a building might cost more than one near a busy highway interchange with high traffic volume. The price per square foot also varies significantly by location.

How to make your purchase profitable and sustainable in the long run.

Purchasing a profitable drive-through restaurant requires careful research and consideration of what is needed in the area.

You will need to consider the most profitable drive-through locations, deciding if you want a single site or plan on multiple sites.

Consideration should be given to both established restaurants with traffic volumes that meet your needs as well as those which are under-performing but have potential for time and money investment to increase revenues.

Is it worth it for you to buy a drive thru restaurant now?

Right now is a a great time to invest in a drive through restaurant.

As of 2021, Interest rates are low and there is less competition for properties, which means you can get the property for less money than if you buy it later on down the road when prices and interest rates may increase. Additionally, now would be a good time to buy because people need convenient and safe food options during tough economic times.

Looking to lease a Drive Through Restaurant? View Drive Through Restaurants for lease