1490 6th St (Portfolio)

Office: General

1490 6th St (Portfolio), CoachellaCA 92236

Property Details

Location

Address
1490 6th St (Portfolio), CoachellaCA 92236
County
Riverside
Submarket
AIR - Coachella Valley
Parcels
778092001
Cross Street
Orchard St/6th St

Building Size

Building Size
24,600 SF
Floor Size
24,600 SF

Building Details

Type
 Office: General
Number of Buildings
1
Occupancy Type
Multi-tenant
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
1
Elevators
Not present
Year Built
1920
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
1.12 Acres
Land (SF)
48,822 SF
Electricity
Yes
Natural Gas
Yes
Sanitary Sewer
Yes
Water
Yes
Zoning
CG
Lot Depth
Lot Width

Contacts

Public Remarks

Irreplaceable location. Prime newly redeveloped Downtown Coachella city block. Abundance of private & secured parking. Low maintenance, attractively landscaped courtyard. Common area expansion developed for the medical campus.

Current Listings

1490 6th St (Portfolio)

24,600 SF$5,760,000
Cap Rate: 4.47%
Daum Commercial

*Leased Investment* sale. 1st time on the market in 31 years. (5) existing bldgs totaling ±24,600 SF. Income & development upside w/ CPI adjustments. (3) credit tenants including a US Post office, occupy 100% of the buildings and the property currently brings in $24,960/mo (gross). All (3) tenants are seasoned there and provide an investor with a good "sleep at night" income stream.

Daum Commercial

*Leased Investment* sale. 1st time on the market in 31 years. (5) existing bldgs totaling ±24,600 SF. Income & development upside w/ CPI adjustments. (3) credit tenants including a US Post office, occupy 100% of the buildings and the property currently brings in $24,960/mo (gross). All (3) tenants are seasoned there and provide an investor with a good "sleep at night" income stream.

View Details
View Details

Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

AIRCRE

Source: AIR CRE

More Information

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