4201 Ramon Rd, Palm Springs, CA 92264 For Sale

Secure, Long-Term Government Income

Nearly 20-year tenancy by the Social Security Administration with ~8.5 years remaining, including 3.5 years of firm term—providing stable, low-risk cash flow backed by the U.S. government.

Attractive Yield with Built-In Upside

Starting June 2026, GSA reimbursement increases NOI by $8,286/month, boosting the cap rate to 6.86% through the remainder of the lease.

Priced Below Market Value

Both a 2024 independent appraisal and Riverside County assessed value exceed the current asking price—offering immediate value and downside protection.

Future Re-Tenanting or Redevelopment Optionality

Situated on a large 1.56-acre parcel, the property offers flexibility for re-tenanting at market rates or repositioning after SSA occupancy.

Best-in-Class Asset for the Market

Modern 2004 construction in a supply-constrained office market (~95% occupancy) dominated by outdated 1960s buildings. One of the few 10,000–20,000 SF office assets in the Coachella Valley.

Prime, High-Visibility Location

Located on Ramon Road at a four-way signalized intersection—one of the valley’s main commercial corridors with excellent access to I-10 and Highway 111.

Proximity to Major Economic Engine

Directly south of Palm Springs International Airport, a $2.5B economic driver with a planned $2.2B expansion expected to double passenger capacity and further strengthen demand.