42455 WASHINGTON ST, PALM DESERT, CA 92211-8803

15‑YEAR ABSOLUTE‑NET LEASE | ZERO LANDLORD RESPONSIBILITIES - Landlord is fully pass‑through—no expense obligations for roof, structure, or site; tenant pays ground lease rent of

$107,800 in addition to base rent.

10 % RENTAL INCREASES EVERY 5 YEARS - Scheduled escalations compound NOI from $198K → $217,800 → $239,580 across the term, aligning with ground lease co-termination.

2022 CONSTRUCTION | SIGNATURE DENNY’S FORMAT (4,500 SF + AMPLE PARKING) - Recent-build, free-standing facility on a 1.64‑acre site with full surface parking—ideal for dine-in and drive thru traffic.

PRIME RETAIL CORRIDOR | HIGH VISIBILITY ON WASHINGTON STREET - Located on a major east–west commercial artery in Palm Desert, within walking distance to El Paseo, anchored by thriving local and regional retailers.

HIGH-TRAFFIC CO-TENANCY | NEAR ZIELONA STREET RETAIL NODES - Surrounded by established restaurants, banks, and service businesses, benefiting from both year-round and seasonal Coachella Valley tourism.

AFFLUENT, AGING DEMOGRAPHIC WITH SEASONAL BOOST - Palm Desert (pop. ~51K, median age 56.7) draws a mature, stable population base with strong discretionary income and sustained resort‑tourism appeal