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Downtown Coachella Leased Investment Opportunity
For Sale
$5,760,000

1490 6th Street, Coachella, CA 92236

Leased investment opportunity in downtown Coachella with income and development upside.

Property Size86,248 SF
Lot Size1.98 Acres
Price / SF$66.78
Days on Market156

Property Features for 1490 6th Street

General Information

Standard status Active
Size 86,248 SF
Lot size 1.98 Acres
Property subtype Office

Building Details

Building Size 86,248 SF

Properties For Sale

at 1490 6th Street Contact us

Available Space

Size
86,248 SF
Abundance of private & secured parking. Low maintenance with minimal landlord responsibilities....
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Listing Agency: DAUM Commercial Real Estate Services Ontario
Listed By: Kevin Frejlach · License #CA 01210292
Source: Daumcommercial
Added: Apr 3 Changed: Aug 25 Last Checked: Sep 5 at 3:42AM

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 DAUM Commercial Real Estate Services Ontario

Investment Insights

Based on property information with market context.

This is a leased investment opportunity situated on approximately 1.98 acres in a prime, newly redeveloped downtown Coachella city block. The property features an irreplaceable location and includes five existing buildings totaling approximately 24,600 square feet. There are three credit tenants. The property offers income and development upside with CPI adjustments. A concept plan exists for a 3-story Class A office building.

Key Highlights

  • 1.98 acre leased investment with an attractive 4.47% cap rate.
  • Prime newly redeveloped downtown Coachella location.
  • First time on the market in 31 years.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Law Firm Gym & Fitness Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

638
Businesses Nearby

Demographics for 92236, CA

42,220
Population
12,629
Households
3.3
Avg Household Size
29
Median Age
6%
College-Educated
57%
High-School Grad
61.9 sq mi
ZIP Area
682
Density / Sq Mi
$67,235
Median Household Income
$35,117
Median Earnings
$1,113
Median Rent
$342,500
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Leased investment opportunity in downtown Coachella with income and development upside.
Where is this office building located?
The property is located at 1490 6th Street Coachella, CA.
What is the asking price?
The asking price for this property is $5,760,000.
What are key features of this property?
This property features: 1.98 acre leased investment with an attractive 4.47% cap rate.; Prime newly redeveloped downtown Coachella location.; First time on the market in 31 years.
More about this property
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