78772 Hwy 111 La Quinta, CA 92253

Building Details

Year Built

2026

Properties For Sale

at 78772 Hwy 111 Contact us

Listing office j***@srsre.com Show Phone

Listing date Apr 8, 2026

Source Srsre

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Investment Insights

Based on property information with market context.

This commercial property, located in La Quinta, CA, within the Coachella Valley MSA, features a 0.56-acre parcel improved with a two-tenant, freestanding pad. The property contains two suites totaling 5,832 square feet. Constructed in 2026, the property will offer new construction, modern design, and amenities. The tenant lineup includes Shake Shack (NYSE: SHAK) and Cava (NYSE: CAVA), both nationally recognized fast casual restaurants. Shake Shack has signed a new 15-year lease, and Cava has signed a new 10-year lease, both with options to extend. The leases are structured as net leases and include scheduled 10% rental increases.

Key Highlights

• New construction (2026) minimizes near‑term capital expenditures.
• Tenants are Shake Shack (NYSE: SHAK) and Cava (NYSE: CAVA), publicly traded national brands.
• Long‑term leases: 15‑year (Shake Shack) and 10‑year (Cava) with options to extend.

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FAQs

What type of property is this?

Conventional restaurant - Two-tenant pad with Shake Shack and Cava.

Where is this conventional restaurant located?

The property is located at 78772 Hwy 111 La Quinta, CA.

What is the asking price?

The asking price for this property is $6,886,000.

What are key features of this property?

This property features: New construction (2026) minimizes near‑term capital expenditures.; Tenants are Shake Shack (NYSE: SHAK) and Cava (NYSE: CAVA), publicly traded national brands.; Long‑term leases: 15‑year (Shake Shack) and 10‑year (Cava) with options to extend.