Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Grocery Anchored Retail Space Available Title is generated by Realmo AI

    81022-81106 Highway 111, Indio, CA 92201

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2 SF/Yr

    Retail spaces in a busy, grocery-anchored Indio center.

    Type:Retail
    Added:
    Mar 5, 2026
    Days on Market:
    73
    Last Refresh:
    Apr 5 at 8:24 pm

    Property Features for 81022-81106 Highway 111

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Building Details

    Year Built
    1988

    Spaces For Lease

    at 81022-81106 Highway 111 Contact us

    We can help!

    Listing Contact
    Arley Ryan
    Arley Ryan

    Listing agent Arley Ryan License #CalDRE #02198855

    Listing office Coldwell Banker Commercial Lyle & Associates

    Listing date Mar 5, 2026

    Source Cbclyle

    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 Coldwell Banker Commercial Lyle & Associates

    HighLights

    • Grocery anchored center with Stater Bros.
    • High‑traffic location at the NEC of Highway 111 & Madison Street.
    • Strong co‑tenancy with PNC Bank, Altura Credit Union, Papa John’s, Jiffy Lube, America’s Tire Co.
    • Located in the most populated city in Coachella Valley.
    • TI allowance available for qualified tenants.
    • Zoning allows medical use.

    Overview

    Retail spaces are available within a neighborhood center anchored by Stater Bros. The location is at the northeast corner of Highway 111 and Madison Street in Indio, California. The property benefits from co-tenancy with daily needs traffic generators, including PNC Bank, Altura Credit Union, Papa John’s, Jiffy Lube, and America’s Tire Co. The current zoning allows for medical use. Located within the most populated city in the entire Coachella Valley, the property offers hard-to-find small spaces. Tenant improvement allowance is available for qualified tenants.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indio
    County
    Riverside
    State
    California
    Longitude
    -116.251
    Latitude
    33.7085

    Nearby Similar for Lease

    • $1,500/Mo
      962 SF

      Indio Mixed-Use Retail/Office Building

      Two-story mixed-use building in a prime Indio location.
      81730 Hwy 111, Indio, CA 92201
      View Details
    • $2,004/Mo
      1,100 SF

      Indio Commercial Space For Rent

      Prime commercial space on Highway 111, Indio. High visibility.
      81701 Highway 111, Indio, CA 92201
      View Details
    • $1,200/Mo
      800 SF

      Indio Commercial Space For Rent

      Mixed-use building with unlimited rental possibilities in a populated area.
      44349 Jackson Street, Indio, CA 92201
      View Details
    • $700/Mo
      300 SF

      Indio Mixed-Use Retail/Office Space

      Retail/office spaces in a mixed-use building, close to amenities.
      82365 Ca-111, Indio, CA 92201
      View Details
    • $1,200/Mo
      800 SF

      Mixed-Use Building on Busy Street

      Mixed-use building with rental possibilities in a populated area.
      44349 Jackson St 2, Indio, CA 92201
      View Details
    • $1.00 SF/Yr
      22,360 SF

      Automotive Dealership on 3.45 Acres

      Two buildings suitable for office, auto, or restaurant use.
      83407 Hwy 111, Indio, CA
      View Details
    • $2.00 SF/Yr
      1,758 SF

      Retail Space Available For Rent

      Retail suite featuring open ceiling and concrete floor.
      44100 Jefferson St D403, Indio, CA 92201
      View Details
    • $1.75 SF/Yr
      17,000 SF

      Indio Commercial Building For Rent

      Commercial building suitable for auto or restaurant use in Indio.
      83333 Hwy 111, Indio, CA
      View Details
    • $825/Mo

      Office Space Available For Rent

      Office space available for lease in Indio, California.
      82500 Us Highway 111, Indio, CA 92201
      View Details
    • $1.10 SF/Yr
      53,512 SF

      Indio Warehouse with Gated Access

      Industrial warehouse with easy freeway access and roll-up doors.
      82-579 Fleming Way, Indio, CA 92201
      View Details
    • $2,525/Mo
      16 SF

      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
    • $2,000/Mo
      1,000 SF

      Indio Office Space For Rent

      Office space in prime Indio location, available March 1, 2025.
      82590 California 111, Indio, CA 92201
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail spaces in a busy, grocery-anchored Indio center.
    Where is this retail space located?
    The property is located at 81022-81106 Highway 111 Indio, CA.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: Grocery anchored center with Stater Bros.; High‑traffic location at the NEC of Highway 111 & Madison Street.; Strong co‑tenancy with PNC Bank, Altura Credit Union, Papa John’s, Jiffy Lube, America’s Tire Co.
    (630) 660-9376
    We can help!
    Listing Contact
    Arley Ryan
    Arley Ryan
    Real Estate License ID: CalDRE #02198855
    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

    Thank You for Inquiry
    81022-81106 Highway 111, Indio, CA 92201
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!