46900 Monroe Street, Indio, 92201

Commercial - Retail For Sale


MLS® #: TR18268935
Pending, 93 Days on Market

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.

Essential Information

MLS® #: TR18268935
Price: $8,500,000
Acres: 4.44
Year Built: 2006
Type: Commercial
Sub-Type: Retail
Status: Pending

Community Information

Address: 46900 Monroe Street
Area: Indio South of East Valley (314)
City: Indio
County: Riverside
State: CA
Zip Code: 92201


Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Telephone - On Property, Water Connected
Parking Spaces: 183


Lot Description: Lot Over 40000 Sqft

Additional Information

Date Listed: November 7th, 2018
Days on Market: 93

Listing Details

Listing Agent: Kevin Lee(01720786)
Listing Office: Coldwell Banker George Realty

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Listing information last updated on February 18th, 2019 at 10:17pm PST.

Based on information from California Regional Multiple Listing Service, Inc. as of February 18th, 2019 at 10:17pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.