REIT Sale | Former Rite Aid with Drive-Thru | 36K VPD | Signalized Hard Corner | $113K Avg HH Income

47985 Monroe St, Indio, CA 92201

Property Information

  • For Sale Contact for pricing
  • Property Type Retail - Free Standing Bldg
  • Property Size 17,393 SF
  • Lot Size 1.69 Acre
  • Parking Spaces Avail. 70
  • Parking Ratio 4.02 / 1,000 SF
  • Year Built 2008
  • Date Updated May 15, 2026
  • Visibility/Traffic Count (VPD) 36,000

Description

 Investment Highlights

  • 17,393 SF Freestanding Former Rite Aid with Drive-Thru on 1.685 AC Parcel 
  • Signalized Hard Corner with ±20,579 VPD Traffic Counts on Monroe Street and ±15,573 VPD on Avenue 48
  • Nearby Nationals: Walmart, Costco, Home Depot, Lowe’s, Target, Hobby Lobby, Trader Joe’s, Kohl’s, Sprouts, Best Buy, Starbucks, Walgreens, and more
  • Attractive Demographics with Population of ±193,482 and Annual Household Income of ±$113,243 (5-Mile)
  • 14.29% Population Growth from 2020-2025 and 4.91% Growth Projected from 2025-2030 (5-Mile Radius)
  • Zoned NC, Neighborhood Center District with a Variety of Permitted Uses 

Auctioneer: Emilio Lemeni c/o Fisher Auction Company Inc. License: 00961384. Starting Bid: $250,000

Contacts

RI Marketplace Marketing

RealINSIGHT Marketplace

Location

  • 39/100 Car-Dependent
  • 43/100 Somewhat Bikeable
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