Leased CVS Retail
For Sale
Contact for pricing
Pending
84010 Avenue 50, Coachella, CA 92236
12,900-square-foot CVS is offered for sale with an absolute net lease running through July 2034.
Property Size12,900 SF
Days on Market116
Property Features for 84010 Avenue 50
General Information
Standard status
Pending
Size
12,900 SF
Property subtype
Retail
Additional Details
Traffic Count
16,200 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
Cushman & Wakefield - San Diego, California
Listed By:
Brandon Price · License #CA 01822998
Source:
Crexi
Added: Apr 11
Changed: Jul 21
Last Checked: Aug 4 at 8:49AM
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 Cushman & Wakefield - San Diego, California
Investment Insights
Based on property information with market context.
The subject property is a 12,900-square-foot CVS retail location in Coachella, California, operated under a 25-year lease that commenced in 2009. The current term runs through July 2034, leaving approximately 12.5 years remaining on the initial term, with ten additional 5-year renewal options thereafter. The lease is described as absolute net, providing for zero landlord responsibilities.
The property is located at the intersection of Avenue 50 and Van Buren Street, positioned along two area main traffic thoroughfares with combined daily traffic counts in excess of 16,200 vehicles. The surrounding area is densely populated, with more than 76,000 residents within three miles and more than 135,000 residents within five miles, and the immediate vicinity includes ongoing and proposed development.
This offering is structured as an NNN retail asset with a long-term tenant in place through the 2034 lease expiration.
The property is located at the intersection of Avenue 50 and Van Buren Street, positioned along two area main traffic thoroughfares with combined daily traffic counts in excess of 16,200 vehicles. The surrounding area is densely populated, with more than 76,000 residents within three miles and more than 135,000 residents within five miles, and the immediate vicinity includes ongoing and proposed development.
This offering is structured as an NNN retail asset with a long-term tenant in place through the 2034 lease expiration.
Key Highlights
- 12,900‑square‑foot CVS building in Coachella, California
- Absolute net lease with 25‑year term commenced in 2009, running through July 2034
- Approximately 12.5 years remaining on the initial lease term plus ten 5‑year renewal options
Property Analytics
Current Use
Lease Details
16,200 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
165
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - 12,900-square-foot CVS is offered for sale with an absolute net lease running through July 2034.
Where is this grocery and convenience store located?
The property is located at 84010 Avenue 50 Coachella, CA.
What are key features of this property?
This property features: 12,900‑square‑foot CVS building in Coachella, California; Absolute net lease with 25‑year term commenced in 2009, running through July 2034; Approximately 12.5 years remaining on the initial lease term plus ten 5‑year renewal options
