50249 Cesar Chavez St Coachella, CA 92236

Coachella Plaza, a 84,820 square foot shopping center in Coachella, CA (APN 768-180-001), is offered at $16,450,000. This stabilized, multi-tenant retail property boasts a 7.52% cap rate and a strong NOI of $1,237,142. Built in 1991 on a 6.46-acre lot, the center features 378 parking spaces and is currently 100% occupied by a diverse tenant mix including Planet Fitness, WSS, and Innercare. The property is zoned for commercial use and benefits from rent bumps. Located at 50249 Cesar Chavez St, Coachella, CA 92236, this prime retail location offers significant upside potential due to below-market rents averaging $1.22 per square foot. The property's strategic location on a heavily trafficked intersection ensures high visibility and accessibility. This fee-simple ownership opportunity presents a compelling investment for those seeking a stable, high-performing asset in a growing market. The property's strong tenant base and favorable market conditions make it an attractive addition to any investment portfolio. The price per square foot is $196.70.