Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Center at Highway 111 Title is generated by Realmo AI

    SW. Highway 111 and Jefferson St., La Quinta, CA 92253

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail spaces and drive-thru opportunity near Costco and EOS Fitness.

    Type:Retail
    Property size:
    60,000 SF
    Added:
    Nov 26, 2025
    Days on Market:
    177
    Last Refresh:
    Apr 5 at 9:31 pm

    Property Features for SW. Highway 111 and Jefferson St.

    General Information

    Standard status
    Active
    Size
    60,000 SF
    Property subtype
    Retail

    Spaces For Lease

    at SW. Highway 111 and Jefferson St. Contact us

    We can help!

    Listing Contact
    Maggie Montez
    Maggie Montez

    Listing agent Maggie Montez License #CalDRE #01070683

    Listing office

    Listing date Nov 26, 2025

    Source Lee-associates

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Maggie Montez

    HighLights

    • Anchored by EOS Fitness (now open)
    • Adjacent to busy Costco center
    • Located at Highway 111 and Jefferson
    • Shop suites available
    • Possible drive‑thru opportunity
    • Pads available for ground lease and/or build to suit

    Overview

    This new retail center is located at the intersection of Highway 111 and Jefferson Street. Anchored by EOS Fitness, the center is situated adjacent to a busy Costco. Shop suites are currently available. There is a possible opportunity for a drive-thru restaurant. Pads are available for ground lease and build-to-suit options. The property is suitable for shopping centers, retail properties, drive-through restaurants, and restaurants.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Similar Places Nearby

    • Old Town La Quinta — 78100 Main St, La Quinta, CA 92253
    • Navarro Plaza — Avenida Bermudas &, Calle Tampico, La Quinta, CA 92253
    • Park View Plaza — 78134 Calle Tampico, La Quinta, CA 92253

    Map

    City
    La Quinta
    County
    Riverside
    State
    California
    Longitude
    -116.287
    Latitude
    33.6713

    Nearby Similar for Lease

    • $2 SF/Yr
      6,498 SF

      Restaurant with Extensive Patio

      Equipped restaurant with large patio in East Coachella Valley.
      78430 Highway 111, La Quinta, CA 92253
      View Details
    • $1.50 SF/Yr
      32,301 SF

      La Quinta Retail Space Available

      Retail spaces available in La Quinta Cove Retail District.
      78-130, 78-134 & 78-138 Calle Tampico, La Quinta, CA 92253
      View Details
    • $1.45 SF/Yr
      24,923 SF

      Ground Floor Office Suite Available

      Office suite featuring reception, offices, work areas, and kitchenette.
      78-900 Avenue 47, La Quinta, CA 92253
      View Details
    • $3 SF/Yr

      Prime Commercial Space in La Quinta

      Commercial space for lease with TI Allowance available.
      78965 Highway 111, Suite 1, La Quinta, CA 92253
      View Details
    • $1.75 SF/Yr

      La Quinta Office Retail Space

      Two-story Mediterranean building with office over retail in La Quinta.
      78370 Highway 111, La Quinta, CA 92253
      View Details
    • $2 SF/Yr
      1,877 SF

      La Quinta Office/Retail Space

      Office/retail space in La Quinta with high traffic count.
      47875 Caleo Bay Drive, La Quinta, CA 92253
      View Details
    • $3 SF/Yr

      La Quinta Commercial Space For Lease

      Commercial space for lease in La Quinta, CA.
      78965 Highway 111, La Quinta, CA 92253
      View Details
    • $1.50 SF/Yr
      126,684 SF

      Highway 111 Retail Suites

      Retail and office suites available on Highway 111.
      78-297 Highway 111, La Quinta, CA 92253
      View Details
    • Contact for pricing
      2,500 SF

      La Quinta Retail Opportunity

      Retail space available at a high-traffic intersection in La Quinta.
      78430 Highway 111, La Quinta, CA 92253
      View Details
    • $2.00 SF/Yr

      La Quinta Retail Space Available

      Retail space available for lease in La Quinta, California.
      46600 Washington St 4, La Quinta, CA 92253
      View Details
    • $3 SF/Yr
      1,563 SF

      La Quinta Office Space Available

      Second floor office space for rent in La Quinta.
      78150 Calle Tampico, La Quinta, CA
      View Details
    • $2 SF/Yr
      1,200 SF

      La Quinta Office/Retail Space

      Office and retail space available for lease in La Quinta.
      78474 Highway 111, La Quinta, CA
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail spaces and drive-thru opportunity near Costco and EOS Fitness.
    Where is this shopping center located?
    The property is located at SW. Highway 111 and Jefferson St. La Quinta, CA.
    What are key features of this property?
    This property features: Anchored by EOS Fitness (now open); Adjacent to busy Costco center; Located at Highway 111 and Jefferson
    (760) 346-2520
    We can help!
    Listing Contact
    Maggie Montez
    Maggie Montez
    Real Estate License ID: CalDRE #01070683
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    SW. Highway 111 and Jefferson St., La Quinta, CA 92253
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!