Listed by Marcus & Millichap - Palm Springs
$895,000
Former Lumber Yard
Details
Property Type Industrial, Retail
Sub Type Distribution
Square Footage 6,500
Net Rentable (SqFt) 6,500
Units 1
Pro-Forma Cap Rate 7.24%
Pro-Forma NOI $64,840
Price per SqFt $138
Class C
Year Built 1980
Buildings 1
Stories 1
Acreage 1.800
Zoning Service Commercial
Investment Type Owner/User
Ownership fee simple
Service Commercial - excellent owner-user opportunity
Marketing description
Corner location, busy street to Indian Casino and Joshua Tree National Park (one of top ten in system), recangular layout, flat, all utilities, fenced.
New development nearby: vacation rentals, Air BNB, and tourist-serving retail. The High Desert enjoys weekend visitors from all of Southern California.
Investment highlights
Suitable for auto/RV/truck repair, contractor yard, logistics, self-storage, and retail.
Listing Contacts
Listed by Marcus & Millichap - Palm Springs
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