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Indio - Entitled Land
Dr. Carreon Blvd, Indio, CA
PROPERTY DESCRIPTION:
8.25 Acres land entitled for approximately 120,000 square feet of incubator/flex industrial. Units range from 1000 to 7000 square feet. Comparable rents for space in this market range from $.90 to $1.00 per square foot NNN. Site plan and building renderings are on our website or through the attached marketing brochure. Detailed land and rental comps are available by contacting us.
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AVAILABLE SPACE:
SIZE: 8.25 acres
8.25 acres
LAND
LOCATION SUMMARY:
Indio is the fastest growing city in the Coachella Valley. The Valley experienced growth of over 14% between 2000-2004 with Indio growing by over 20% during the same period to almost 60,000 residents. Most development in the area has been residential housing and retail, leaving a supply shortage of industrial property. Demand for small industrial space is evident by observation of current rental rates hovering around $1.00 per square foot NNN. The area has long been associated with retirement communities and approximately 28% of the residents in the valley belong to this demographic; however, the largest segment of the population are children under 19 (30%) and their 25-44 year old parents (26%).
Indio - Entitled Land
Video Presentation
