Downtown Coachella Leased Investment
1490 6th Street Coachella, CA 92236
1490 6th Street, Coachella, CA, 92236
$5,760,000
For Sale
$5,760,000
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 Market111
Property Features for 1490 6th Street
General Information
- Standard status
- Active
- Size
- 86,248 SF
- Lot size
- 1.98 Acres
- Property subtype
- Office
Properties For Sale
at 1490 6th Street Contact us
Listing agency
Daum Commercial
(909) 912-0005
Listed by
Kevin Frejlach · License #CA 01210292
(909) 912-0005
Source
Daumcommercial
Added: Apr 3 Updated: Jul 10 at 1:16PM Checked: Jul 22 at 2:07AM
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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
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
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.
