Drug Store
CVS @ Indio Towne Center | Absolute NNN Ground Lease
42150 Jackson St, Indio, CA 92203
Listing Price: $4,095,000
Investment Overview
--Corporate-Guaranteed Ground Lease
-Over 8 Years Remaining on the Primary Lease Term Through January 2034, Plus Six, Five-Year Renewal Options Extending Potential Occupancy Through 2064
-CVS Pharmacy is One of the Largest Healthcare Companies with Over $402 Billion in Annual Revenue, Approximately 9,000 Retail Locations, and a Fortune #6 Ranking
-Established Location with 17+ Year Operating History – CVS Has Operated at This Location Since 2008, Demonstrating Strong Site Commitment
--Strong Market Fundamentals
-Affluent, Dense Infill Trade Area with Average Household Incomes Exceeding ±$128,000 Within One Mile and a Population of Over 138,900 Residents Within Five Miles
-Located Less than Five Miles from the Coachella and Stagecoach Festival Grounds, Which Draw Approximately 325,000+ Attendees Annually Across Three Festival Weekends Alone
-Indio Is the Most Populous City in the Coachella Valley, and is Centrally Located Within Coachella’s Nine-City Region of Over 500,000 Residents, Benefiting from Year-Round Tourism, Major Festivals (Coachella, Stagecoach), and a Growing Permanent Resident Base
CVS @ Indio Towne Center | Absolute NNN Ground Lease
Investment Highlights
- Rare Corporate-Backed Absolute NNN Ground Lease with CVS Health, Offering Zero Landlord Responsibilities
- High Visibility, Signalized, Corner Location at the Intersection of Jackson Street and 42nd Avenue (±25,000 Cars Per Day) | Less Than ½ Mile from Interstate 10 Freeway (±115,000 Cars Per Day)
- Situated Near the Indio Towne Center, a ±560,000 SF Major Regional Retail Hub Anchored by Home Depot, WinCo Foods, ULTA Beauty, Petco, and Many More
Exclusively Listed By
Listing Price: $4,095,000
Investment Highlights
- Rare Corporate-Backed Absolute NNN Ground Lease with CVS Health, Offering Zero Landlord Responsibilities
- High Visibility, Signalized, Corner Location at the Intersection of Jackson Street and 42nd Avenue (±25,000 Cars Per Day) | Less Than ½ Mile from Interstate 10 Freeway (±115,000 Cars Per Day)
- Situated Near the Indio Towne Center, a ±560,000 SF Major Regional Retail Hub Anchored by Home Depot, WinCo Foods, ULTA Beauty, Petco, and Many More
Investment Overview
--Corporate-Guaranteed Ground Lease -Over 8 Years Remaining on the Primary Lease Term Through January 2034, Plus Six, Five-Year Renewal Options Extending Potential Occupancy Through 2064 -CVS Pharmacy is One of the Largest Healthcare Companies with Over $402 Billion in Annual Revenue, Approximately 9,000 Retail Locations, and a Fortune #6 Ranking -Established Location with 17+ Year Operating History – CVS Has Operated at This Location Since 2008, Demonstrating Strong Site Commitment --Strong Market Fundamentals -Affluent, Dense Infill Trade Area with Average Household Incomes Exceeding ±$128,000 Within One Mile and a Population of Over 138,900 Residents Within Five Miles -Located Less than Five Miles from the Coachella and Stagecoach Festival Grounds, Which Draw Approximately 325,000+ Attendees Annually Across Three Festival Weekends Alone -Indio Is the Most Populous City in the Coachella Valley, and is Centrally Located Within Coachella’s Nine-City Region of Over 500,000 Residents, Benefiting from Year-Round Tourism, Major Festivals (Coachella, Stagecoach), and a Growing Permanent Resident Base
Exclusively Listed By
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