Canyon Plaza East
Prime Location on Highway 111
Marketing description
Marcus & Millichap is pleased to present the Shops at Canyon Plaza, a 37,895 square foot retail center situated on approximately 4.05 acres. The shops are located on Palm Canyon Drive (Highway 111) the desert’s primary traffic artery with traffic counts of over 52,500 cars a day. The project was built in 1981 and has been remodeled by the current ownership.
The Tenant mix is comprised of multiple steady retail and service uses. Situated just south of Tahquitz Creek Golf Resort, and Cathedral Canyon Golf Club, the Shops at Canyon Plaza are adjacent to Cathedral City’s finest overall Canyon Plaza Shopping Center, regional retail hub with anchors including Trader Joes, Target, El Pollo Loco, McDonald’s, and Starbucks.
Investment highlights
PART OF AN EXCELLENT NEIGHBORHOOD CENTER
Located across the street from a Target & Trader Joe’s anchored center.
NNN EXPENSE PASS THROUGH
Leased to tenants on NNN leases; where repairs, maintenance and capital costs are tenant responsibilities.
HEAVILY TRAFFICKED & IDENTITY
Located on Palm Canyon Drive (Highway 111) the Desert’s primary traffic artery with traffic counts of over 52,500 cars a day.
DENSE, AFFLUENT CATHEDRAL CITY DEMOGRAPHICS
• More than 120,000 people within a 5-mile radius of the site with an average household income exceeding $112,000.
EASE OF CIRCULATION & FLOW - COMMUTER ROUTE FRONTAGE
The Shops at Canyon Plaza are easily accessible by two signalized entrances and features several points of ingress & egress points providing convenient regional and local accessibility.
LOCATED ADJACENT TO THE RETAIL CANYON PLAZA REGIONAL POWER CENTER
Situated just south of Tahquitz Creek Golf Resort, and Cathedral Canyon Golf Club, the Shops at Canyon Plaza are adjacent to the larger Canyon Plaza Shopping Center.
PRIME SUITES AT CANYON PLAZA
The individual suites at Canyon Plaza consist of multiple small suites that can be combined or demised. The suites have individual A/C and separate electrical meters.
POINT OF DESTINATION LOCATION - TREMENDOUS FRONTAGE & VISIBILITY ON HIGHWAY 111
The property boasts more than 271 linear feet of frontage on primary east/west commuter route on Highway 111.
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