44125 Jefferson St La Quinta, CA 92253-4872
This exceptional Class A, 13,969-square-foot grocery store building in La Quinta, California, presents a unique owner-user opportunity. Located at 44125 Jefferson Street, this single-story, 2009-built property underwent a significant $400,000 renovation in 2022. Boasting a LEED Silver certification, the building features a full-size dock-high loading door, ideal for efficient operations. Situated on a 1.86-acre lot (APN 604-521-010) in a high-traffic area with over 63,000 vehicles per day, the property benefits from excellent visibility and accessibility near major highways. Currently vacant, this building offers immediate occupancy for a new business or expansion opportunity. The asking price is $2,490,000, translating to $178.25 per square foot, significantly below replacement cost. The property's strategic location near a high-performing CVS and adjacent to a developing 89-unit multifamily complex promises strong growth potential and increased customer traffic. The permitted zoning is CN. This is a 1031 exchange eligible property. This represents a compelling investment opportunity in a thriving area of the Eastern Coachella Valley.
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Rapport Furniture 2Go Furniture & Home Goods Home Decor Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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