back to results
1490 6th Street
  • Coachella
  • /
  • CA
  • /
  • 92236
Sale- Investment
$ 5,760,000
86,248 SF
Property Summary
  • Property Type: Office
  • Monthly Rent PSF: $ 0.00
  • Total Space Available: 86,248 SF
  • Smallest Space:
  • Largest Space: 86,248 SF
  • Maximum Contiguous:
  • Sale Price: $ 5,760,000
  • Sale price PSF: $ 66.78
  • Cap Rate: 4.47%
  • Construction Status: Existing
  • RBA (Sq. Ft.): 86,248 SF
  • Lot Size (Sq. Ft.): 86,784 SF
Property Highlights

±1.98 Acre *Leased Investment* Sale: CAP Rate: 4.47%

1st Time on the Market in 31 Years – Irreplaceable Location

Prime Newly Redeveloped Downtown Coachella City Block

(5) Existing Bldgs Totaling ±24,600 SF – (3) Credit Tenants

Income & Development Upside w/ CPI Adjustments

Concept Plan for a 3-Story, Class A, Office Building

Available Space
  • Unit #:
  • 123
  • Space Available: 86,248 SF
  • Vacancy: direct
  • Min. Divisible:
  • Max. Contiguous:
  • Mo. Rent PSF: $ 0.00
  • Rent Type:
  • Unit/Suite Comments:

    Abundance of private & secured parking. Low maintenance with minimal landlord responsibilities. Attractively landscaped courtyard. Common area expansion developed for the medical campus. 3 tenants including a US Post office, occupy 100% of the buildings and the property currently brings in $24,960/mo (gross). All 3 tenants are seasoned there and provide an investor with a good “sleep at night” income stream.

Downloads