Introducing a premier 23,400 sq. ft. retail plaza boasting over 500 feet of coveted Main Street frontage in the vibrant core of Coachella. Built in 2008, this high-visibility center is anchored by 13 long-term tenants and maintains a strong 96% occupancy rate, making it a well-established landmark in one of the city's most active commercial corridors.With consistent foot traffic, a strategic location, and a proven tenant mix, this property offers an exceptional opportunity for investors seeking stable income or operators aiming to expand in a dynamic, growth-oriented market. Currently offered at a 6.5% cap rate, this plaza delivers the ideal balance of location, performance, and long-term potential.
MLS# | 219127522DA |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 2008 |
Days On Site | 29 |
Listing Provided By | Keller Williams Realty 760-601-3000 | Brian Ferguson |
Acreage | 1.67 |
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State | CA |
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County | Riverside |
City | Coachella |
Zip Code | 92236 |
Area | 315 Coachella |
Listing VS Median (in 92236) | |
Price: $7,000,000 low | high Med: $486,745 On site: 29 low | high Med: 124.000000 |