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34307046
34307047

81765 US HWY 111, INDIO, CA 92201-0723 For Sale

Meade Commercial
DM
CA 02056792
Meade Commercial
Listed by Meade Commercial
$1,849,000
8 days on market
Updated 8 days ago

81765 US HIGHWAY 111 INDIO CA 92201-0723

Details
APN 616120048
Property Type Retail
Sub Type Shopping Center
Square Footage 5,760
Units 5
Cap Rate 5.90%
NOI $109,010
Tenancy Multi
Lease Type NNN
Lease Expiration 07/08/2032
Rent Bumps Yes
Class C
Year Built 1997
Stories 1
Lot Size (SqFt) 27,224
Zoning MUC
Ground Lease No
Sale Condition N/A

±5,712 SF Multi-Tenant Retail Investment | 4 In-Place Tenants | Anchor Lease Through 2032

Marketing description

Meade Commercial is pleased to present 81765 Highway 111, a five-unit multi-tenant retail center located in the rapidly growing City of Indio — the "City of Festivals." The property offers a rare combination of income stability and long-term upside for investors.

The center is anchored by Desert Medical LLC, occupying Suites 2 & 3 on a long-term lease through March 31, 2032. Four complementary in-place tenants — including Private Club Barber, Corte Hair Salon, and Wonder Nails — round out the tenant mix, providing consistent foot traffic and, in several cases, long operating histories at this location that support tenant stability and retention.

The current income profile includes contractual annual rent increases and full NNN recovery of property expenses, offering investors a low-management, passive income stream with built-in growth. Additional upside exists through the flexibility to increase rents on month-to-month tenants over time.

Constructed in 1997, the ±5,712 SF single-story wood-frame building sits on approximately 0.63 acres with 26 on-site parking spaces, excellent visibility, and direct access to Highway 111 — one of the Coachella Valley's primary commercial corridors. The asset is zoned MUC (Mixed Use Commercial), offering flexibility for future use.

Indio benefits from strong surrounding demographics, robust seasonal and year-round visitor traffic, and an active pipeline of nearby retail and mixed-use development — all supporting long-term demand and investor upside in one of the desert's fastest-growing submarkets.

Investment highlights

Long-term anchor tenant — Desert Medical LLC occupies Suites 2 & 3 through 3/31/2032, providing income stability

100% leased — Five units, four in-place tenants with long operating histories at the location

Contractual rent growth — Annual increases of 3–4% built into leases, driving NOI growth over the hold period

NNN structure — Tenants cover property expenses via NNN reimbursements, supporting a low-management investment

Value-add upside — Month-to-month tenants offer flexibility to mark rents to market over time

Strong real estate fundamentals — Excellent visibility and access on Highway 111, 26 on-site parking spaces, 0.63 AC lot

Growth market — Located in Indio, the fastest-growing city in the Coachella Valley, with strong demographics and an active development pipeline

Flexible zoning — MUC (Mixed Use Commercial) supports long-term repositioning optionality

Listing Contacts

Meade Commercial
DM
CA 02056792
Meade Commercial
Listed by Meade Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$109,010.00
$9,084.17/mo

Valuation Metrics

0
DSCR
5.9%
Cap Rate
5.9%
ROI

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