Property profile

50801-50981 Washington St La Quinta, CA 92253

OFF-MARKET
Neighborhood centers
79,607 SF Built 1994
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Property summary

AI-generated overview

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 profile

Verified
Property type Neighborhood centers
Year built 1994
Total area 79,607 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

50801-50981 Washington St La Quinta, CA 92253
La Quinta metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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