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    FOR SALE
    Strip malls

    78134 Calle Tampico 110, La Quinta, CA 92253

    12,025 SF 1.36 ac lot Built 2009
    Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US09-3239980
    Property summary
    AI-generated overview

    This thriving Class A retail business, "As Time Goes By," is available for purchase. Located in a 1,634 square foot suite at 78134 Calle Tampico, La Quinta, CA 92253, this well-established watch and jewelry repair store has been operating successfully since 2006. The business boasts a strong reputation for quality service, offering a diverse range of services including full-service repairs for high-end brands like Omega, Rolex, Patek Philippe, and Tag Heuer, as well as vintage and pocket watches, antique clocks, and jewelry sales. A significant inventory of tools, repair parts, and store fixtures is included in the sale. The current owner is willing to provide training to ensure a smooth transition for the buyer. A substantial backlog of customer service requests provides immediate revenue potential. The current lease, in a 1,634 sq ft space, expires September 30, 2025, with a three-year extension option. This presents a unique opportunity to acquire a profitable, well-regarded business in a desirable location. The asking price for this turnkey operation is $300,000. This is a high-demand business with a proven track record of success.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2009
    Construction WOOD
    Total area 12,025 SF
    Lot 1.36 ac (59,241 SF)
    Zoning code VC
    APN 770-020-035
    UPID US09-3239980
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • As Time Goes By Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
    • Coachella Valley CrossFit Gym & Fitness Center
    • Retro Nouveau La Quinta FLEA Market (Bike/Boat/Book/etc) Store
    • Park View Plaza Shopping Center & Mall
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $2.34M
    Comparable Approach Comparable
    $1.37M
    Blend (final) Blend
    $2.01M
    Owner & transaction history
    La Quinta Realty Properties LLC · 13 yrs held
    La Quinta Realty Properties LLC
    since 2013
    2 recorded transactions
    2023
    2013
    Zoning & alternative use
    VC · La Quinta, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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