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Marcus & Millichap Directs $2.1M Acquisition of Retail Center in Indio, California

82360-US-Highway-111-Indio-CA

The retail center, located at 82360 U.S. Highway 111 in Indio, Calif., features 9,888 square feet of retail space.

INDIO, CALIF. — Marcus & Millichap has arranged the sale of a retail property, located at 82360 U.S. Highway 111 in Indio. An individual/personal trust acquired the 9,888-square-foot property for $2.1 million at a 6.7 percent capitalization rate.

Edwin Mariscal of Marcus & Millichap’s Ontario, Calif., office represented the buyer in the deal.

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