44630 MONTEREY AVE Palm Desert CA 92260-3326

Please Contact David Meir Or Jack Minassian for all Inquires.

Jack Phone # - (818) 462-3007

David Phone # - (818) 206-4349

Unpriced: Subject to Short Sale Approval from Lender. Built in 2008,Monterey Professional Park is a high quality two level office building located in the prestigious and affluent city of Palm Desert, California. With ±6,200 of Rentable square footage, the subject property, is an ideal candidate as an owner user opportunity, or for investment purposes as a multi-tenant project.

The property sits on a ±17,400 SqFt Lot, and consists of 25 parking spaces. The building consists of two stories, with ±3,442 Sqft on the ground floor, and ±2,686 SqFt on the Top floor with an additional ±843 SqFt Balcony. Located on Monterey Ave, just north of the 111 Freeway, the property benefits from high visibility, and strong traffics counts. Monterey Ave has a daily traffic count of 21,689

cars per day, and the 111 Highway has daily traffic count of 31,266 cars per day, and is conveniently located across the street from Westfield Mall. The majority of business within the immediate vicinity consist of retail, with health care and Social Assistance

being second Located on one of the most desirable pockets of the Coachella Valley, population growth within the 1, 3 and 5

mile radius is expected to be 6.37%, 4.92%, and 5.55% respectively, an consists of a 2020 average household income of $106,296 within its 5 mile radius.