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FOR SALEMulti-Tenant Office Building
Property Highlights
Steve Sanchez CalBRE# 01955428760.837.1880
Scott R. Wilson CalBRE# 00937623760.837.1880
• Two Story Office Complex
• Elevator Service
• Heart of Downtown La Quinta
• Covered Parking
• Across from City Hall, City Library and Old Town La Quinta
• Next to Jules Market Shopping Center
• Zoned Village Commercial
• Built 1986
• APN: 770-020-024
Information has been secured from sources we believe to be reliable, however, WILSON JOHNSON cannot guarantee its accuracy.
78150 Calle Tampico, La Quinta, CA$2,500,000Approx. 18,119 SF
78150 Calle Tampico, La Quinta, California
Information has been secured from sources we believe to be reliable, however, WILSON JOHNSON cannot guarantee its accuracy.
FOR SALEMulti-Tenant Office Building
ADDITIONAL PHOTOS
78150 Calle Tampico, La Quinta, California
Information has been secured from sources we believe to be reliable, however, WILSON JOHNSON cannot guarantee its accuracy.
FOR SALEMulti-Tenant Office Building
Investment Summary
PROPERTY INFORMATIONNet Rentable Sq. Ft.: 18,119 (approximate)Construction: Wood Frame/StuccoCross Streets: Calle Tampico & Desert ClubZoning: CV La QuintaLot Size: 1.02 Acres
INCOME AND EXPENSES CurrentScheduled Gross Income: $295,278 Less Vacancy (7.40%): $21,828Gross Operating Income: $273,750 Less Expenses: $119,926Net Operating Income: $153,524
INVESTMENT INFORMATION CurrentPrice: $2,500,000Capitalization Rate: Cost Per Sq. Ft.:
6.14%$137.98
EXPENSE DETAILTaxes (New): $29,322Insurance: $3,500Property Management: $14,400Utilities: $22,008Maintenance: $35,735Trash: $1,724Gardening: $7,089Fire Safety Monitoring: $935Phone: $1,594Elevator Maintenance: $2,326Pest Control: $1,068License & Permits: $225Total: $119,926
SUBJECT
78150 Calle Tampico, La Quinta, California
LOCATION MAP
Information has been secured from sources we believe to be reliable, however, WILSON JOHNSON cannot guarantee its accuracy.
FOR SALEMulti-Tenant Office Building
