Multi-Tenant Retail Office
82674-82690 Highway 111 Indio, CA 92201
82674-82690 Highway 111, Indio, CA, 92201
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For Sale
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Two-building multi-tenant retail and office property at the corner of Oasis Street and Highway 111 in Indio, CA.
Property Size3,169 SF
Lot Size0.32 Acres
Price / SF$197.22
Days on Market82
Property Features for 82674-82690 Highway 111
General Information
- Standard status
- Active
- Size
- 3,169 SF
- Lot size
- 0.32 Acres
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1960
Listing agency
Voit Real Estate Services San Diego
(858) 453-0505
Listed by
Spencer Kerrigan · License #CA 01921490
Source
Crexi
Added: May 2 Updated: Jul 20 at 9:03PM Checked: Jul 21 at 1:32PM
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 Voit Real Estate Services San Diego
Investment Insights
Based on property information with market context.
This two-building, multi-tenant retail property includes a multi-tenant office/retail building of approximately 2,831 square feet and a freestanding retail building of approximately 338 square feet, all on approximately 13,939 square feet of land. The ownership includes month-to-month leases with two vacant units currently available.
The buildings are situated at the hard corner of Oasis Street and Highway 111 in Indio, California, providing a prominent retail presence along Highway 111.
The offering combines multiple income-producing units with near-term leasing flexibility due to the two vacancies, supported by the property’s existing office/retail configuration across the two buildings.
The buildings are situated at the hard corner of Oasis Street and Highway 111 in Indio, California, providing a prominent retail presence along Highway 111.
The offering combines multiple income-producing units with near-term leasing flexibility due to the two vacancies, supported by the property’s existing office/retail configuration across the two buildings.
Key Highlights
- Two‑building multi‑tenant retail/office property on the hard corner of Oasis St and Hwy 111 in Indio, CA
- Approximately 2,831 SF multi‑tenant office/retail building plus an additional freestanding retail building of approximately 338 SF
- About 13,939 SF of land total with a two‑building layout
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.6k | $22.92 |
| − Vacancy | −$6.2k | −$1.97 |
| EGI | $66.4k | $20.95 |
| − OpEx | −$16.6k | −$5.24 |
| NOI | $49.8k | $15.71 |
3,169 SF · lease $22.92/SF/yr · vacancy 8.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$711.3K
$622.4K – $829.8K
NOI $49,790 @ 7.0% cap · market cap 7.97%
Second Best
Retail
$648.9K
$567.8K – $757.1K
NOI $45,424 @ 7.0% cap · market cap 7.27%
Theoretical Best
Office A
$949.4K
$830.7K – $1.11M
NOI $66,457 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Two-building multi-tenant retail and office property at the corner of Oasis Street and Highway 111 in Indio, CA.
Where is this office units located?
The property is located at 82674-82690 Highway 111 Indio, CA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two‑building multi‑tenant retail/office property on the hard corner of Oasis St and Hwy 111 in Indio, CA; Approximately 2,831 SF multi‑tenant office/retail building plus an additional freestanding retail building of approximately 338 SF; About 13,939 SF of land total with a two‑building layout
