Property summary
This thriving restaurant located at 79630 Highway 111, La Quinta, CA 92253, presents a unique investment opportunity. Priced at $60,000, this 2,395 square foot retail space, built in 2006, boasts a prime location within the Dunes Shopping Center. Anchored by major retailers such as Home Depot, IHOP, 99 Cents Only, Smart & Final, Goodwill, and Jack in the Box, this property benefits from significant foot and vehicle traffic. The restaurant features one of the longest car loading drive-thrus in the valley, catering to both dine-in and take-out customers. The current menu offers a variety of breakfast items, hamburgers, hot dogs, and sandwiches, with potential for expansion to include dinner service. Ample parking is available. The lease expires in 2025 with a five-year option to renew. Some furniture, fixtures, and equipment may be included in the sale. This former Wienerschnitzel location enjoys a 4.5-star Google rating, demonstrating its popularity and customer satisfaction. This is a fantastic opportunity to acquire a well-established business in a high-demand area with significant upside potential. The property is a single-tenancy retail space within a bustling shopping center, offering a strong foundation for continued success and growth.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
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- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning