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Grocery Store with Signalized Access
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82266 Highway 111, Indio, CA 92201

Absolute NNN grocery store serving as a shopping center anchor along a major retail corridor.

Property SizeContact for details
Days on Market143

Property Features for 82266 Highway 111

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE - South Bay
Listed By: Patrick Wade · License #CA 01454690
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 6:53AM

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 CBRE - South Bay

Investment Insights

Based on property information with market context.

The property is a 58,904-square-foot Cardenas grocery store on 5.64 acres in Indio, California. The store operates under an absolute NNN lease, with the tenant responsible for expenses and maintenance including the roof, structure, utilities, common area costs, and real estate taxes. The site has supported the tenant’s operations for over 10 years, and the lease has been extended to provide over 10 years remaining in the primary term, with 10% rent increases every 5 years through the option periods.

Positioned along Highway 111, the property benefits from 27,400 cars per day and four driveways, including a signalized entrance. The parcel includes 327 parking stalls and serves as the grocery anchor within a shopping center shadow anchored by CVS, AutoZone, Jack in the Box, MetroPCS, and additional retailers.

Cardenas Markets has operated since 1981 and has more than 30 stores across Southern California and Las Vegas, Nevada.

Key Highlights

  • 58,904‑square‑foot grocery store on a 5.64‑acre parcel
  • Absolute NNN lease with over 10 years remaining on the primary term
  • 10% rent increases every 5 years, including all option periods

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Skin Care Clinic Kitchen & Bath Showroom Gym & Fitness Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,180
Businesses Nearby
Under-served
Demand for This Use

Demographics for 92201, CA

66,989
Population
26,241
Households
2.6
Avg Household Size
35
Median Age
16%
College-Educated
70%
High-School Grad
16.2 sq mi
ZIP Area
4,135
Density / Sq Mi
$66,663
Median Household Income
$35,527
Median Earnings
$1,349
Median Rent
$372,800
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Similar Off Market Nearby

  • El Super 81691 CA-111 STE 102, Indio, CA 92201

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Absolute NNN grocery store serving as a shopping center anchor along a major retail corridor.
Where is this grocery and convenience store located?
The property is located at 82266 Highway 111 Indio, CA.
What are key features of this property?
This property features: 58,904‑square‑foot grocery store on a 5.64‑acre parcel; Absolute NNN lease with over 10 years remaining on the primary term; 10% rent increases every 5 years, including all option periods
More about this property
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