Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    NEC Monroe St. & Avenue 42 Indio, CA 92201

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail, entertainment, and hospitality spaces for lease or sale.

    Type:Retail
    Property size:
    30,000 SF
    Added:
    Nov 26, 2025
    Days on Market:
    126
    Last Refresh:
    Mar 29 at 9:47 pm

    Property Features for NEC Monroe St. & Avenue 42

    General Information

    Standard status
    Active
    Size
    30,000 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2014

    Spaces For Lease

    at NEC Monroe St. & Avenue 42 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

    Overview

    Retail and Restaurant Spaces Available

    Retail, entertainment, and hospitality pads and spaces are available for lease or sale. The property is anchored by Walmart and Hampton Inn, and includes tenants such as Starbucks and T-Mobile. Raising Cane's and In-N-Out are currently open, with Sumo Dog coming soon. The property is located at the northeast corner of Monroe Street and Avenue 42 in Indio, CA. The property size is 30000 square feet.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Similar Places Nearby

    • InstabitATM Bitcoin ATM — 81965 Indio Blvd, Indio, CA 92201

    Map

    City
    Indio
    County
    Riverside
    State
    California
    Longitude
    -116.236
    Latitude
    33.7269

    Nearby Similar for Lease

    • Contact for pricing

      Indio Mixed-Use Retail/Office Building

      Two-story mixed-use building in a prime Indio location.
      81730 Hwy 111, Indio, CA 92201
      View Details
    • Contact for pricing

      Indio Commercial Space For Rent

      Mixed-use building with unlimited rental possibilities in a populated area.
      44349 Jackson Street unit: 2, Indio, CA 92201
      View Details
    • Contact for pricing

      Indio Mixed-Use Retail/Office Space

      Retail/office spaces in a mixed-use building, close to amenities.
      82365 Ca-111 unit: #110, Indio, CA 92201
      View Details
    • $2/mo

      Grocery Anchored Retail Space Available

      Retail spaces in a busy, grocery-anchored Indio center.
      81022-81106 Highway 111, Indio, CA 92201
      View Details
    • Contact for pricing

      Office Space Available For Rent

      Office space available for lease in Indio, California.
      82500 Us Highway 111, Indio, CA 92201
      View Details
    • $2/mo

      Retail Space Anchored by Walmart

      Neighborhood shopping center with competitive rental rates and strong anchor.
      44-100 Jefferson Street, Indio, CA 92201
      View Details
    • $1.00/mo

      Automotive Dealership on 3.45 Acres

      Two buildings suitable for office, auto, or restaurant use.
      83407 Hwy 111, Indio, CA
      View Details
    • Contact for pricing

      Retail/Office Space on Monroe Street

      Retail or office space with excellent visibility and signage available.
      43430 Monroe Street | Indio, CA 92201, CA 92201
      View Details
    • $1.75/mo

      Indio Commercial Building For Rent

      Commercial building suitable for auto or restaurant use in Indio.
      83333 Hwy 111, Indio, CA
      View Details
    • Contact for pricing

      Indio Retail Space For Lease

      Retail space in Shadow Hills Plaza with high visibility.
      82900 Ave 42, Suite F103, Indio, CA 92203
      View Details
    • Contact for pricing

      Indio Office Space For Rent

      Office space in prime Indio location, available March 1, 2025.
      82590 California 111, Indio, CA 92201
      View Details
    • $0.35/mo

      Automotive Dealership Space Available

      Automotive dealership space with offices, kitchenette, and restroom.
      83373 Hwy 111, Indio, CA
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail, entertainment, and hospitality spaces for lease or sale.
    Where is this shopping center located?
    The property is located at NEC Monroe St. & Avenue 42 Indio, CA.
    What are key features of this property?
    This property features: High‑Traffic Location: Join established retailers like Walmart, Starbucks, and T‑Mobile.; Proven Retail Hub: Home to successful businesses, including Raising Cane's and In‑N‑Out.; New Construction: Built in 2014.
    (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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!