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23733351
23733341

72777 Dinah Shore Dr, Rancho Mirage, CA 92270 For Sale

KK
CA 01106628
Avison Young - Orange County
PB
CA 02245510
Avison Young - Orange County
Listed by Avison Young - Orange County
Unpriced
411 days on market
Updated 47 days ago

Dinah Shore Drive

Details
APN 685-070-002
Property Type Retail
Sub Type entertainment, hospitality (+1)
Square Footage 63,909
Net Rentable (SqFt) 63,909
Units 1
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 11/01/2025
Class B
Year Built 1999
Buildings 1
Stories 2
Acreage 10.180
Zoning C3
Ownership Investment

Retail | 63,909 SqFt

Marketing description

DO NOT DISTURB CURRENT TENANT

The Project – Originally a built-to-suit for a 3 Star Retail Movie Theatre (Community Center) containing of ± 63,90 SF with its close proximity to Highway 10 and Highway 111 in Riverside County. Ideal Location – Strategically located in the heart of the Coachella Valley trade area—encompassing Palm Desert and Rancho Mirage—the property benefits from excellent accessibility at the southwest corner of Dinah Shore Drive and Monterey Avenue.

Investment highlights

The Property consists of a ± 63,909-square-foot retail/theatre building located on a ± 10.18-acre site. As the anchor of The Marketplace at Dinah Shore, it presents significant opportunities for expansion and redevelopment. The Project is currently leased to Regal Cinemas (“Tenant”), and ownership is reportedly in discussions with Regal regarding a potential lease extension with revised terms. If the Tenant decides not to renew, there are several potential strategies to maximize value through re-leasing or redevelopment.

Listing Contacts

KK
CA 01106628
Avison Young - Orange County
PB
CA 02245510
Avison Young - Orange County
Listed by Avison Young - Orange County

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Additional Information

Name
Keith Kropfl
License
01106628
Brokerage
Avison Young
Name
Paluck Blake
License
02245510
Brokerage
Avison Young
Brokerage Phone
3032502493
Title
Associate Real Estate Sales Person
Brokerage Address
1 Park Plaza
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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