Coachella, CA - Burger King

Description:

• Tenant will sign a brand new 20-year lease at the close of escrow with 4 (5-year) option periods to extend
• Strong Sales. Healthy rent to sales ratio - contact agent for details
• Lease features 10% increases every 5 years throughout the initial term and at the beginning of each option period
• New Prototype Burger King building with Drive-Thru

• Adjacent to 250 room proposed hotel development, helping draw additional consumers to trade area
• 5 Minutes from Spotlight Casino, a 250,000 SF casino that features gaming, entertainment, and dining
• 8 Minutes to Empire Polo Grounds / Coachella Musical Festival and Stagecoach Musical festival – which has over 620,000 attendees
• 130+ Golf Courses in Coachella Valley; nearby clubs include The Madison Club, Hideaway Golf Club, The Plantation Golf Club, Tradition Golf Club, Andalusia Country Club, and The Quarry at La Quinta
• Intersection of Grapefruit Blvd and Avenue 48 have a combined 48,000 vehicles passing by daily
• Direct freeway on-ramp access to Interstate 10 (58,000 VPD), State Highway 86 (26,000 CPD), & State Highway 111 (28,000 CPD)
• Located within a freeway retail destination that features an Arco AMPM Gas Station, Go Go Express Car Wash, and New Starbucks
• The asset has excellent visibility and multiple points of ingress/egress