La Quinta, CA - One Eleven La Quinta Center
Market Price
78950 Highway 111, La Quinta, CA 92253
2,605,534
NOI
143,812 sqft
Building Size
Details:
Description:
SRS Capital Markets is pleased to present the rare opportunity to acquire an irreplaceable and highly successful community center
in the affluent community of La Quinta, CA. 111 La Quinta Center is located at the strongest intersection of the main retail corridor in the trade area. Tenants within the center include: Stater Bros (NAP) Ross Stores, Hobby Lobby (NAP), Staples, Kohl’s (NAP), Petco, Big 5 Sporting Goods, Five Below, and Daiso. The majority of these retailers are among the strongest performing in the Southern California region. The center continues to be a primary retail destination in Coachella Valley.
111 La Quinta Center is well positioned at two (2) signalized, hard corner intersections, Hwy-111 and Adams Street (over 57,900 combined vehicles per day at this intersection), and Hwy-111 and Washington Street (over 91,200 vehicles per day at this intersection). The immediate trade area boasts some of the highest average household incomes in Southern California, with average household income within a 3-mile radius exceeding $119,000.
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