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32298392
32298393

73993 California 111, Palm Desert, CA 92260

SH
CA CA 00957590
Desert Pacific Properties Inc
EH
CA 02229612
Listed by Desert Pacific Properties Inc
$2,950,000
31 days on market
Updated 1 day ago

73993 California 111

Details
APN 627-222-058
Property Type Retail, Office
Sub Type Executive Office, Medical Office (+1)
Square Footage 9,506
Cap Rate 2.78%
Tenancy Multi
Year Built 2000
Buildings 1
Stories 2
Acreage 0.270
Zoning D-O (Downtown Core Overlay)
Parking Spaces spaces
Ground Lease No

9,506 SF Multi-Tenant Commercial

Marketing description

- 9,506 SF multi-tenant commercial building in the heart of Palm Desert

- Ideal medical/professional building

- Prime location at the signalized corner of Highway 111 and Portola Ave, with 54,071 average cars per day

- Well-maintained property with covered parking onsite plus abundant parking in the adjacent public parking lot

- High visibility with excellent signage

- Close proximity to El Paseo, the Coachella Valley’s premier luxury shopping and dining destination with businesses such as Gucci, Restoration Hardware, Louis Vuitton, Mastro’s Steakhouse, Anthropologie, Apple, and more!

- Affluent demographics

- The 6,000 SF lower level is on a month-to-month master lease which presents an ideal owner/user opportunity with high-quality tenants on the second level

Investment highlights

- 9,506 SF multi-tenant commercial building in the heart of Palm Desert

- Ideal medical/professional building

- Prime location at the signalized corner of Highway 111 and Portola Ave, with 54,071 average cars per day

- Well-maintained property with covered parking onsite plus abundant parking in the adjacent public parking lot

- High visibility with excellent signage

- Close proximity to El Paseo, the Coachella Valley’s premier luxury shopping and dining destination with businesses such as Gucci, Restoration Hardware, Louis Vuitton, Mastro’s Steakhouse, Anthropologie, Apple, and more!

- Affluent demographics

- The 6,000 SF lower level is on a month-to-month master lease which presents an ideal owner/user opportunity with high-quality tenants on the second level

Listing Contacts

SH
CA CA 00957590
Desert Pacific Properties Inc
EH
CA 02229612
Listed by Desert Pacific Properties Inc

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Additional Information

Name
Susan Harvey
License
CA 00957590
Brokerage
Desert Pacific Properties
Title
Broker Associate
Name
Emily Harvey
License
02229612
Brokerage
Desert Pacific Properties
Title
Real Estate Agent
Brokerage Address
44267 Monterey Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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