82608 Ca-111 Indio, CA 92201
This exceptional investment opportunity presents a 1,760 sq ft Wienerschnitzel restaurant in Indio, CA. Boasting a prime location on Highway 111 (37,000 cars daily), this single-tenant, drive-thru property benefits from a 15-year absolute NNN corporate lease with 13 years remaining, featuring 2% annual rent increases. The property, built in 1966 and renovated in 2010, sits on a 0.45-acre lot and consistently ranks in the top 19% of all Wienerschnitzel locations nationwide. The $2,500,000 asking price reflects a 4.50% cap rate and a strong NOI of $112,616. The lease commenced in April 1966, demonstrating a long and successful operational history. This investment is further enhanced by its location in an Opportunity Zone, offering potential tax advantages. The surrounding area is experiencing significant growth, with over 750 new housing units under development nearby, along with established anchors like the Riverside County Fairgrounds and Courthouse, attracting substantial daily traffic. The property's proximity to the Interstate 10 on/off ramps and major events like the Coachella and Stagecoach music festivals contributes to its consistent high performance. This is a rare opportunity to acquire a top-performing, recession-resistant asset in a rapidly growing market. The tenant, Wienerschnitzel, is part of the Galardi Group, a privately held company with over $600 million in annual revenue, ensuring financial stability and long-term viability.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.