Indio Office and Retail
82365 US Highway 111 Indio, CA 92201
For Sale
$3,623,700
Nine-building office and retail center in a prime Indio location.
Property Size12,079 SF
Lot Size1.30 Acres
Price / SF$300
Days on Market1524
Property Features for 82365 US Highway 111
General Information
Standard status
Active
Size
12,079 SF
Lot size
1.30 Acres
Property subtype
Commercial/Industrial
Listing Agency:
New Star Realty & Investment
(714) 865-8989
Listed By:
Kee Woon Lee · License #01077991
(714) 865-8989
Source:
Exitrealty
Added: May 27, 2022
Changed: Jul 6
Last Checked: Jul 28 at 5:32AM
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 New Star Realty & Investment
Investment Insights
Based on property information with market context.
This commercial property features a 12,079 square foot office and retail center, comprised of nine buildings situated on a 1.3-acre lot. The property includes two buildings constructed in different years: one spanning 5,310 square feet built in 1979, and another encompassing 6,769 square feet built in 1953. Known as Las Adelfas, this business center is located in Indio, California, between Jackson Street and Monroe Street. Its location offers convenient access to the Indio Mall and the Lawson Justice Center, positioning it as a potentially attractive location for both office and retail businesses. Indio is situated in the central Coachella Valley, approximately 15 miles southeast of Palm Springs.
Key Highlights
- Prime location in Downtown Indio, suitable for office and retail
- 12,079 sf nine‑building office and retail center
- 1.3‑acre land size
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $276.9k | $22.92 |
| − Vacancy | −$23.8k | −$1.97 |
| EGI | $253.0k | $20.95 |
| − OpEx | −$63.3k | −$5.24 |
| NOI | $189.8k | $15.71 |
12,079 SF · lease $22.92/SF/yr · vacancy 8.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.71M
$2.37M – $3.16M
NOI $189,781 @ 7.0% cap · market cap 5.24%
Second Best
Retail
$2.47M
$2.16M – $2.89M
NOI $173,137 @ 7.0% cap · market cap 4.78%
Theoretical Best
Office A
$3.62M
$3.17M – $4.22M
NOI $253,306 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Indio Grand Marketplace — 82227 CA-111, Indio, CA 92201
- Tyselling Shopping Center — CA-111, Indio, CA 92201
- Arabia Courtyards — 82451 CA-111, Indio, CA 92201
- Desert Villa Plaza — 81592 CA-111, Indio, CA 92201
- Kristen Plaza — 81942 CA-111, Indio, CA 92201
Frequently Asked Questions
What type of property is this?
Shopping center - Nine-building office and retail center in a prime Indio location.
Where is this shopping center located?
The property is located at 82365 US Highway 111 Indio, CA.
What is the asking price?
The asking price for this property is $3,623,700.
What are key features of this property?
This property features: Prime location in Downtown Indio, suitable for office and retail; **12,079 sf nine‑building office and retail center**; 1.3‑acre land size
