Skip to main content

Office Warehouse

Madison Business Park

80975 Indio Blvd, Indio, CA 92201

Listing Price: $5,750,000

Cap Rate
5.80%
Gross SF
50,892
Price/Gross SF
$112.98
Lot Size
3.76 acres
Year Built
1989
Rentable SF
50,892

Investment Overview

Built in 1986, this property has a prominent location and a strong history of occupancy. It's an opportunity for an investor to acquire a
multi-tenant business/industrial property in a growing market, at a favorable time. Rentable building area is 50,891 SF.
A buyer has at least three viable strategies with this investment:
--Considering the macro-economic outlook, industrial lease rates are highly likely to increase sharply in Indio, and the Coachella Valley.
There's no new construction currently, and the vacancy rate is 1% for industrial space in Indio (the largest city in Coachella Valley, with
96,000 population). When cannabis was approved in surrounding areas, it created a demand for vacant industrial space in the region.
--This property is also a prime candidate for redevelopment. When it was built in 1986, it was a simple metal building park. Since then, all
the surrounding properties are new, modern, and attractive. The building across the street is for sale for $200 psf. A modest
redevelopment plan might include raised ceiling heights (currently 14'), improved signage, and attractive amenities.
--Turning this property into either self-storage (permitted) or a flex industrial site.

Investment Highlights

  • Excellent candidate for repositioning in market
  • 100% occupied in a high-demand market with little vacancy
  • Long term owner, well managed, no deferred maintenance
  • Location: on hard, signalized corner, convenient to Jefferson St. / I-10 Interchange

Exclusively Listed By

Office Warehouse

Madison Business Park

Listing Price: $5,750,000

Cap Rate
5.80%
Gross SF
50,892
Price/Gross SF
$112.98
Lot Size
3.76 acres
Year Built
1989
Rentable SF
50,892

Investment Highlights

  • Excellent candidate for repositioning in market
  • 100% occupied in a high-demand market with little vacancy
  • Long term owner, well managed, no deferred maintenance
  • Location: on hard, signalized corner, convenient to Jefferson St. / I-10 Interchange

Investment Overview

Built in 1986, this property has a prominent location and a strong history of occupancy. It's an opportunity for an investor to acquire a
multi-tenant business/industrial property in a growing market, at a favorable time. Rentable building area is 50,891 SF.
A buyer has at least three viable strategies with this investment:
--Considering the macro-economic outlook, industrial lease rates are highly likely to increase sharply in Indio, and the Coachella Valley.
There's no new construction currently, and the vacancy rate is 1% for industrial space in Indio (the largest city in Coachella Valley, with
96,000 population). When cannabis was approved in surrounding areas, it created a demand for vacant industrial space in the region.
--This property is also a prime candidate for redevelopment. When it was built in 1986, it was a simple metal building park. Since then, all
the surrounding properties are new, modern, and attractive. The building across the street is for sale for $200 psf. A modest
redevelopment plan might include raised ceiling heights (currently 14'), improved signage, and attractive amenities.
--Turning this property into either self-storage (permitted) or a flex industrial site.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower