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For Sale

LaQuintaCentre

79255 HIGHWAY 111,
La Quinta, CA 92253
Represented by
Associate - Investments

Asset Snapshot

Offering Summary

Investment Overview

Rose Retail Group | Marcus & Millichap has been selected to exclusively market for sale the fee simple interest in La Quinta Centre, a 100% occupied 10,803 SF multi-tenant retail outparcel to the 495,542 SF La Quinta Power Center featuring major national retailers including Walmart Supercenter, Costco Wholesale, Floor & Decor, Marshalls, PetSmart, and other established retailers.

The Property offers exceptional frontage along the signalized intersection of Highway 111 and Dune Palms Road, benefiting from exposure to over 22,000 vehicles per day within La Quinta's dominant retail corridor. The Property is leased to a diversified tenant roster of regional and national service-oriented retailers including Tesla Supercharger, Bright Now! Dental, Palm's Café, Healthy Self Weight Loss, Big Juice Bar, and Wondercuts. The center provides investors with stable cash flow supported by a 6.7-year weighted average lease term, with contractual escalations projected to grow NOI to approximately $583,324 by Year 10, increasing the in-place yield from 6.2% to 9%.





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Listing Syndicated From

SharpLaunch
Accepting Offers
$6,500,000
Asking Price

Investment Sales Brokers

PW
Parker Wada
Associate - Investments
BR
Bill Rose
Senior Managing Director - Investments
RH
Reed Hamilton
Associate - Investments

Market Insights