Dinah Shore Drive
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.
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