78982 CA-111, La Quinta, CA 92253

SRS Multi-Tenant Investments is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a 3-tenant, freestanding pad located in La Quinta, CA (Coachella Valley MSA). The property is positioned on a 1.32-acre parcel and is comprised of 3 suites totaling 10,500 SF. In addition, the tenant lineup is comprised of a diverse mix of ecommerce resistant tenants and includes Mattress Firm, AT&T, and Brother’s Nails & Lashes. Brother’s Nails and Lashes recently signed a brand new 10-year lease bringing the properties’ weighted average lease term remaining (WALT) to 8.4 years, demonstrating their long-term commitment to the trade area and reducing the risk of near-term rollover. All leases are structured as net leases and feature scheduled rent increases, minimizing expense leakage for a future investor and providing a hedge against inflation.