College Station, LLC & 1331 S. Mission Rd., LLC Acquire Retail Condo On Hwy 111 In Inland Empire/Coachella Valley
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This Retail property located in CA was sold for $8,911,000 over 4 years ago. The broker of the deal was Pablo Rodriguez
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- Location74520 State Highway 111, Palm Desert, CA, USA
- Sale Price$8,911,000$526 PPSF
- Area16,939 SF
- Asset TypeRetail
- Parties1 Broker, 1 Agency
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Deal Summary
SALE
IMAGE: Pablo Rodriguez @pabloescrowbarr
DATE: 12/23/2019
ADDRESS: 74600-74520 Hwy 111
MARKET: Inland Empire/Coachella Valley
ASSET TYPE: Retail Condo
PRICE: $8,911,000
SF: 16,939
PPSF: $526.06
UNITS: 11
PPU: $810,090
BUYER: College Station, LLC & 1331 S. Mission Rd., LLC
SELLER: Howard Abel Trust
BROKERS: Pablo Rodriguez - NAI Capital
NOTES: 100% occupied Albertson's grocery shadow anchored multi-tenant pad buildings occupied by Starbucks, Panda Express, Fantastic Sams, Dominos Pizza and more. Record pricing achieved for multi-tenant retail in the Coachella Valley/Inland Empire. Both parties represented by Pablo Rodriguez of NAI Capital.
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74600-74520 Highway 111
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