Main Content
- Status Current Projects
- Property Type Commercial
About This Property
45151 Oasis is a strategically located investment opportunity in the heart of Downtown Indio with a compelling redevelopment story. The asset was acquired after sitting vacant and largely neglected for more than 20 years, suffering from extensive deferred maintenance including asbestos remediation, roof leaks, and significant damage from vandalism. Recognizing the City of Indio’s commitment to revitalizing the downtown core—and with hundreds of millions of dollars being allocated toward public and private development—the property was purchased at an opportune moment, ahead of the completion of several transformative projects. This foresight allowed ownership to undertake a comprehensive rehabilitation of the site and reposition it as a catalyst for renewed activity within the corridor.
Today, the property consists of two separate commercial buildings totaling 22,650 square feet, along with an on-site parking lot and an additional vacant land parcel, providing both stable income and future development flexibility. The asset is anchored by Culture Cannabis, one of the few dispensaries granted a license by the City of Indio, which helped drive early momentum and attract additional tenants such as The Place and Saguaro Coffee, creating a diverse and active tenant mix. Looking ahead, the property is well positioned to benefit from continued downtown growth fueled by surrounding developments including the Skyline project, College of the Desert expansion, and the new City Hall and Library. These projects further strengthen the long-term upside through tenant growth, stabilization, and potential expansion, reinforcing 45151 Oasis as a cornerstone investment within the Downtown Indio Corridor.