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    50801-50981 Washington St La Quinta, CA 92253

    Sponsored
    For Lease
    $13 SF/Yr

    Prime La Quinta Retail/Medical Space

    Lot size:
    79,607 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    La Quinta Village Shopping Center, a Class A property in the Inland Empire submarket of Riverside County, California, presents a unique investment opportunity. This multi-tenant shopping center, totaling 79,607 square feet, is situated at the prominent northwest corner of Washington Street and Calle Tampico, providing excellent visibility and accessibility. Built in 1994, the center comprises five single-story buildings and offers a variety of spaces, with a minimum divisible space of 700 square feet and a maximum contiguous space of 20,284 square feet. Currently, there are 39,432 square feet of vacant space available, ideal for a variety of uses, including medical offices, restaurants, and retail businesses. The property's location at the entrance to the historic La Quinta Cove area ensures high traffic and visibility. Existing tenants include well-established businesses such as Grocery Outlet, Starbucks, Postal Connection, Subway, and Great Clips, creating a strong and diverse tenant mix. The property's address is 50801-50981 Washington Street, La Quinta, CA 92253. This is an exceptional opportunity to acquire a well-located, established shopping center in a thriving area of the Coachella Valley. The property is zoned for Restaurant, Retail, and Office uses, and the subtype includes Medical Office, Outparcel/Pad, and Strip Center.

    Property Features for 50801-50981 Washington St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    79,607 SF
    Class
    A
    Total Rate
    87567.7

    Building Details

    Year Built
    1994
    Buildings
    5
    Stories
    1

    Unit(s) available at that property

    Space
    50921-B
    Size
    2,054 SF
    Rate per SF
    $33
    Space
    50855-C
    Size
    1,100 SF
    Rate per SF
    $27
    Space
    Available Space 8
    Size
    700 SF
    Rate per SF
    $27
    Space
    50801-B/C
    Size
    4,287 SF
    Rate per SF
    $24
    Space
    50949 Unit B
    Size
    1,627 SF
    Rate per SF
    $27
    Space
    50929-B
    Size
    20,284 SF
    Rate per SF
    $15

    HighLights

    • Class A, 79,607 SF multi‑tenant shopping center in La Quinta, CA.
    • Prominent location at Washington St & Calle Tampico with excellent visibility and accessibility.
    • 39,432 SF of vacant space available, divisible from 700 SF to 20,284 SF contiguous.
    • Strong tenant mix including Grocery Outlet, Starbucks, and others.
    • Suites available from 1,600‑19,987 SF with competitive lease rates.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    La Quinta
    County
    Riverside
    State
    California
    Longitude
    -116.29581623692
    Latitude
    33.678789346559

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    FAQs

    What type of property is this?
    Neighborhood center - Prime La Quinta Retail/Medical Space
    Where is this neighborhood center located?
    The property is located at 50801-50981 Washington St La Quinta, CA.
    What is the lease rate?
    The lease rate is $15-$33 SF/Yr.
    What are key features of this property?
    This property features: Class A, 79,607 SF multi-tenant shopping center in La Quinta, CA.; Prominent location at Washington St & Calle Tampico with excellent visibility and accessibility.; 39,432 SF of vacant space available, divisible from 700 SF to 20,284 SF contiguous.
    Request Owner's contact information
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    La Quinta, CA 92253
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    Realmo Value Estimation

    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.

    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.

    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
    50801-50981 Washington St La Quinta, CA 92253
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