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173,891 Sf Available in Regional Power Center Price: $6,000,000 10-Hwy & Jackson Street | Indio, Ca 92203

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173,891 Sf Available in Regional Power Center Price: $6,000,000 10-Hwy & Jackson Street | Indio, Ca 92203 FOR SALE 173,891 SF AVAILABLE IN REGIONAL POWER CENTER PRICE: $6,000,000 10-HWY & JACKSON STREET | INDIO, CA 92203 Cover Page Property Summary Property Description Aerials & Photos Signage Site Plans & Survey Demographics Demographic Maps Market Overview Legal Disclaimer Files for Download Contacts Purchasing Guidelines CBRE is proud to announce this exciting big box opportunity located in the Coachella Valley with adjacent retail shop building and outparcel pads. Adjacent retailers include Marshall’s, Chase Bank, Sally Beauty Supply and AT&T. The Target building was built in REDEVELOPMENT/ 2008 and is in good condition. RETENANTING OPPORTUNITY We invite you to review this information package and make an offer on this property. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. FOR SALE 173,891 SF AVAILABLE IN REGIONAL POWER CENTER PRICE: $6,000,000 10-HWY & JACKSON STREET | INDIO, CA 92203 Cover Page PROPERTY SUMMARY Property Summary Property Description Aerials & Photos JACKSON ST 20,000 AADT Signage Site Plans & Survey Demographics WALMART STARBUCKS Demographic Maps Market Overview SITE IN TERS TATE Legal Disclaimer 10 6 0,00 0 AAD T Files for Download Contacts SIZE: PROPERTY INFORMATION: Purchasing Guidelines + C12.01± A + DOT Traffic Counts: + 173,891± SF building – 20,000 AADT on Jackson Street – 60,000 AADT on Interstate 10 REDEVELOPMENT/ LOCATION: + Built in 2008 RETENANTING + Riverside County in the Coachella Valley, Indio, CA + Good quality/condition OPPORTUNITY + Excellent re-tenanting/redevelopment opportunity + Store ceased operations on January 28, 2017 FOR SALE 173,891 SF AVAILABLE IN REGIONAL POWER CENTER PRICE: $6,000,000 10-HWY & JACKSON STREET | INDIO, CA 92203 Cover Page PROPERTY DESCRIPTION Pages 1 2 Property Summary This store ceased operations on January 28, 2017. All tours or investigations of the property must be arranged with Broker. Property Description The following information is included herein for informational Flood Plain reference purposes only. Aerials & Photos The subject property is identified as being in Flood Zone DESCRIPTION OF THE PROPERTY X, according to Flood Insurance Community Panel No. 06065C2252G dated August 28, 2008. Flood Zone X is Signage The subject property is a freestanding building located in a defined as areas outside of the 100-year flood plain. This area shopping center with an adjacent retail shop building and out is typical of the immediate area. Site Plans & Survey parcel pads. Adjacent retailers include Marshalls, Chase Bank, Sally Beauty Supply, AT&T, and multiple small shop tenants. The ZONING AND LAND USE CONTROLS Target building was built in 2008 as a Super Target and is in Demographics good condition. Zoning Demographic Maps The site has traffic counts of 20,000 AADT on Jackson Street The property is zoned MU (DA), by the city of Indio. The intent and 60,000 AADT on Interstate 10. of this district is to allow General business uses including the retailing of major goods and services, general office facilities Market Overview Location/Access and public areas. Legal Disclaimer The property is located at the Southwest corner of Jackson Street For complete zoning information please see the Files for and Atlantic Avenue just north of Interstate 10. Indio is located in Download section of this package. Riverside County in the Coachella Valley, 23 miles (37 km) east Files for Download of Palm Springs, 77 miles (124 km) east of Riverside, 127 miles GOVERNING AND RESTRICTIVE AGREEMENTS (204 km) east of Los Angeles, and 98 miles (158 km) north of Contacts Mexicali, Baja California on the U.S.-Mexican border. Operation and Easement Agreement Size/Dimensions The property is subject to an Operation and Easement Purchasing Guidelines Agreement dated November 20, 2007 and amended one time. The subject property is a 173,891± SF building on approximately This agreement runs for approximately 92 years, until April 30, 12.01± acres of land. Please refer to the survey available in the 2099. Please refer the to the entire document in the Files for REDEVELOPMENT/ Files for Download section of this report for more details. Download section. All buyers must acknowledge receipt and RETENANTING acceptance of this Agreement. OPPORTUNITY Legal Owner/Seller Target Corporation (“TARGET”), a Minnesota Corporation. FOR SALE 173,891 SF AVAILABLE IN REGIONAL POWER CENTER PRICE: $6,000,000 10-HWY & JACKSON STREET | INDIO, CA 92203 Cover Page PROPERTY DESCRIPTION Pages 1 2 Property Summary DESCRIPTION OF IMPROVEMENTS INTERIOR DESCRIPTION Age Interior Partitioning Property Description The Target building was originally built in 2008 and is in very Interior space is partitioned utilizing a combination of masonry block with gypsum board and metal studding with gypsum board Aerials & Photos good condition. wall construction. Fire walls, per code, are constructed of the Type of Construction masonry block and/or metal studding with fire rated gypsum Signage board. Class C, masonry construction. Interior Dimensions of Space Site Plans & Survey Foundation/Floor Design Column spacing varies throughout the store. Building plans will Demographics Poured, reinforced concrete footings, slab on grade construction. be available to prospective buyers once an LOI is executed. EQUIPMENT AND MECHANICAL SYSTEMS Demographic Maps Exterior Walls/Windows HVAC Concrete masonry unit exterior walls. The front elevation of Market Overview the store includes split-face concrete masonry units. The store A summary of the HVAC units and ages is available upon request. features two primary entrances along the northern elevation of Legal Disclaimer the building. The main entries feature four sets of double glass Fire Protection doors (two automatic) and dual cart doors. The property features a wet-pipe sprinkler fire protection system. Files for Download Roof Note that Target will remove all proprietary monitoring systems of the fire protection service. The subject has the original roof; a 45mil Cooley PVC installed Contacts in 2008 by Emmons Roof Service Purchasing Guidelines Special Features Along the eastern elevation of the building are three dock high bay doors for receiving plus a trash compactor door (trash REDEVELOPMENT/ compactor to be removed prior to sale). RETENANTING OPPORTUNITY FOR SALE 173,891 SF AVAILABLE IN REGIONAL POWER CENTER PRICE: $6,000,000 10-HWY & JACKSON STREET | INDIO, CA 92203 Cover Page PROPERTY AERIAL Pages 1 2 3 Property Summary Property Description Aerials & Photos Signage JACKSON ST 20,000 AADT Site Plans & Survey Demographics Demographic Maps Market Overview Legal Disclaimer Files for Download SITE Contacts IN TERST ATE 10 6 0,00 0 AAD T Purchasing Guidelines REDEVELOPMENT/ RETENANTING OPPORTUNITY FOR SALE 173,891 SF AVAILABLE IN REGIONAL POWER CENTER PRICE: $6,000,000 10-HWY & JACKSON STREET | INDIO, CA 92203 Cover Page RETAIL AERIAL Pages 1 2 3 Property Summary Property Description Aerials & Photos Signage SITE IN TER INDIO BLVD Site Plans & Survey ST JACKSON STA TE Demographics 10 60,0 Demographic Maps 00 AADT Market Overview Legal Disclaimer Files for Download HWY 111 Contacts Purchasing Guidelines REDEVELOPMENT/ RETENANTING OPPORTUNITY FOR SALE 173,891 SF AVAILABLE IN REGIONAL POWER CENTER PRICE: $6,000,000 10-HWY & JACKSON STREET | INDIO, CA 92203 Cover Page PHOTOS Pages 1 2 3 Property Summary Property Description Aerials & Photos Signage Site Plans & Survey Demographics Demographic Maps Market Overview Legal Disclaimer Files for Download Contacts Purchasing Guidelines REDEVELOPMENT/ RETENANTING OPPORTUNITY FOR SALE 173,891 SF AVAILABLE IN REGIONAL POWER CENTER PRICE: $6,000,000 10-HWY & JACKSON STREET | INDIO, CA 92203 Cover Page SIGNAGE Property Summary Property Description Aerials & Photos Signage Site Plans & Survey Demographics Demographic Maps Market Overview Legal Disclaimer Files for Download Contacts Purchasing Guidelines REDEVELOPMENT/ RETENANTING OPPORTUNITY FOR SALE 173,891 SF AVAILABLE IN REGIONAL POWER CENTER PRICE: $6,000,000 10-HWY & JACKSON STREET | INDIO, CA 92203 Cover Page SITE PLAN Pages 1 2 3 Property Summary Property Description Aerials & Photos Signage Site Plans & Survey Demographics Demographic Maps Market Overview Legal Disclaimer Files for Download Contacts Purchasing Guidelines REDEVELOPMENT/ RETENANTING OPPORTUNITY FOR SALE 173,891 SF AVAILABLE IN REGIONAL POWER CENTER PRICE: $6,000,000 10-HWY & JACKSON STREET | INDIO, CA 92203 Cover Page SURVEY Pages 1 2 3 Property Summary Property Description Aerials & Photos Signage Site Plans & Survey Demographics Demographic Maps Market Overview Legal Disclaimer Files for Download Contacts Purchasing Guidelines REDEVELOPMENT/ RETENANTING OPPORTUNITY FOR SALE 173,891 SF AVAILABLE IN REGIONAL POWER CENTER PRICE: $6,000,000 10-HWY & JACKSON STREET | INDIO, CA 92203 Cover Page FLOOR PLAN Pages 1 2 3 Property Summary Property Description Aerials & Photos Signage Site Plans & Survey Demographics Demographic Maps Market Overview Legal Disclaimer Files for Download Contacts Purchasing Guidelines REDEVELOPMENT/ RETENANTING OPPORTUNITY FOR SALE 173,891 SF AVAILABLE IN REGIONAL POWER CENTER PRICE: $6,000,000 10-HWY & JACKSON STREET | INDIO, CA 92203 Cover Page DEMOGRAPHICS Property Summary POPULATION HOUSING UNITS 1 Mile 3 Miles 5 Miles 1 Mile 3 Miles 5 Miles Property Description 2016 Population - Current Year Estimate 13,929 69,046 136,749 2016 Housing
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