Features & Amenities

Interior

Area & Lot

  • Lot Size(acres)

    4.44

  • Property Type

    Commercial Sale

Exterior

  • Garage

    No

Financial

  • Sales Price

    $8,500,000

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Location

County

Riverside

Elementary School

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Listing Courtesy of Kevin Lee , Coldwell Banker George Realty

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Coldwell Banker Commercial George Realty is pleased to offer Desert Courtyards in Indio, California For Sale. Desert Courtyards consists of Five (5) Retail/Commercial Free-Standing Buildings totaling approximately +/- 41,148 sf of net rentable area shopping center. 4.44 Acres or +/- 193.406 SF of land area. Eight (8) separate parcels. Ample parking with +/- 183 parking spaces.  Anchored by Kaiser Permanente and County of Riverside with Long Term Lease. At 94% current occupancy, 2,500 SF at the property is available for lease, providing an immediate opportunity to add value and increase NOI. Signalized corner location on the NEC of Monroe St. and Dr. Carreon Blvd. Indio is a city in Riverside County and is located in the Coachella Valley of Southern California's Colorado Desert region. Indio was once referred to as "the Hub of the Valley" prior to being renamed as the "City of Festivals" because of cultural events held in the city. The concerts and festivals bring in hundreds of thousands of visitors every year. Indio is only 23 miles east of Palm Springs, 77 miles east of Riverside, and 127 miles east of Los Angeles. The city's ideal location and beautiful weather makes it a desirable residence for retirees and families alike. Indio has many past times and attractions including 130 golf courses, five casinos and many local events.

46900 Monroe Street

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