11940 PALM DR Desert Hot Springs CA 92240-3610

■ ± 5,328 SF Building On Prime Corner at Palm Dr & Pierson Blvd

■ Located in Downtown Desert Hot Springs Commercial District

■ High Visibility With Strong Drive-By Traffic

■ Easy Access From All Directions

■ Over 100 Ft Palm Dr Frontage on Main City Corridor

■ High Visibility Mural Artwork Design By TRAV

■ Ideal for Retail, Office, or Service Use

■ Close to City Events, Public Art, and Downtown Activity

■ Strong Signage and Branding Opportunity

Welcome to 11940 Palm Dr — a 5,328 SF building perched on the premiere corner of Palm & Pierson, the most visible intersection in Downtown Desert Hot Springs.

This two-story gem in the Commercial Downtown (CD) zone is suited for a wide range of uses. Want a creative office space, wellness center, event venue, or boutique retail concept? You’re in the right place — and right on time. The area is booming with new energy thanks to a wave of new construction homes flooding the valley and fueling a fresh downtown revival.

With 19 parking spaces, killer street presence, and a pro forma cap rate of 7.5%, this is a straight-up investor magnet in one of SoCal’s fastest-growing retail and cannabis zones.

Fully approved for ALL cannabis uses — retail, cultivation, distribution — with licensing available! No red tape, no waiting games. Just bring your business (or your cash flow goals) and plug in. At the forefront of the canna-business industry, Desert Hot Springs has been dubbed the Emerald City of the Valley 🌿 highlighting an emphasis on canna-tourism.

Offered at a competitive price, this corner lot opportunity is what investor’s dreams are made of.

Easy to show! Come check us out during the Desert Nights on the Blvd events. The next Night Out is 11/15/25 from 4-8pm!

Still testing the waters? Our leasing options make it easy to establish your business in a prime Desert Hot Springs location—without the pressure of ownership. Step into this stylish, move-in-ready space and see what’s possible for your brand.

• 5,328 SF Commercial Building

• 14,810 SF Lot

• 2 stories, 19 parking spots, and curb appeal for days

• Prime corner of Palm & Pierson, in Downtown Desert Hot Springs

• Commercial Downtown (CD) zone

• The area is booming with new energy thanks to a wave of new construction homes flooding the valley and fueling a fresh downtown revival.

• Pro forma Cap Rate of 6.4%.

• Fully approved for ALL cannabis uses — retail, cultivation, distribution.

• License is included, making this a plug-and-play dream for savvy operators.