431 S PALM CANYON DR Palm Springs CA 92262-7300

431 S. Palm Canyon Drive is a 15,107 Sf Two-story Office Building. The Property is a Perfect Opportunity for an Owner/user to Purchase the Building and Occupy the Entire First Floor of 6,958 Sf. Currently, a Real Estate Company, Homesmart Occupies the Entire First Floor and Have a Lease Ending 04/30/2022 With No Options to Extend. The Second Floor Includes a Collection of 8 Units Ranging in Size and Uses. The Property Was Originally Built in 1960 as a Two-story Wells Fargo Bank Building With a Drive-through and Second Floor Office Suites. This Property Has an Upside Opportunity to Increase the Size of the First Floor Because the Property Has Excessive Driveway Entrances Which Could Be Used to Add Sf to the Building.

• Owner/user Opportunity for 6,958 Sf With Prime Signage and Ground Floor Frontage.
  
• Add Additional Storefronts on Palm Canyon Drive to Replace Former Bank Drive-through Lanes and Add Sf
• Standardize Leasing Forms Moving Forward to Reduce/eliminate Cam Leakage
• Synergize With Neighboring Building Eisenhower Health to Bring One or More Health Related Uses to the 431 Building
• Explore New Leasing Strategies to Increase Income. Such as the Nearby 500 Building Which Underwent a Complete Interior/exterior Renovation That Resulted in a Tripling of the Previous Income!
• Redevelop in Particular, Condominiums Above Restaurant/bar/retail Are in High Demand Yet Short Supply.