For Sale
$2,490,000

44125 Jefferson StLa Quinta, CA 92253

Prime La Quinta location, vacant, 13,969 SF

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Class A, 13,969-square-foot grocery store building in La Quinta, California, presents a unique owner-user opportunity. Located at 44125 Jefferson Street, this single-story, 2009-built property underwent a significant $400,000 renovation in 2022. Boasting a LEED Silver certification, the building features a full-size dock-high loading door, ideal for efficient operations. Situated on a 1.86-acre lot (APN 604-521-010) in a high-traffic area with over 63,000 vehicles per day, the property benefits from excellent visibility and accessibility near major highways. Currently vacant, this building offers immediate occupancy for a new business or expansion opportunity. The asking price is $2,490,000, translating to $178.25 per square foot, significantly below replacement cost. The property's strategic location near a high-performing CVS and adjacent to a developing 89-unit multifamily complex promises strong growth potential and increased customer traffic. The permitted zoning is CN. This is a 1031 exchange eligible property. This represents a compelling investment opportunity in a thriving area of the Eastern Coachella Valley.

Highlights

  • Class A, 13,969 SF grocery store building in La Quinta, CA.
  • 2009 construction, renovated in 2022 ($400,000 investment), LEED Silver certified.
  • 1.86-acre lot (APN 604-521-010), high-traffic location (63,000+ vehicles/day), excellent visibility and accessibility.
  • Currently vacant, immediate occupancy; asking price $2,490,000 ($178.25/SF).
  • Located near high-performing CVS and new multifamily development; CN zoning; 1031 exchange eligible.

Property Details for 44125 Jefferson St

Property type
Retail properties, Grocery and convenience stores
Square Feet
13,969 SF
Class
A
Year Built/Renovated
2009/2022
Buildings
1
Stories
1
Lot Size (sq. ft)
81,022 SF
Units
1

Location Insight

City
La Quinta
County
Riverside
State
California
Latitude
33.728417606776
Longitude
-116.27004262326
44125 Jefferson St, La Quinta, California

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44125 Jefferson St
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