1278 Montalvo Way 12,143 SF Industrial Building Palm Springs, CA 92262 $2,990,000 ($246.23/SF) 6.50% Cap Rate

1278 Montalvo Way presents an opportunity to acquire a fully leased industrial flex investment property in Palm Springs, California. Situated on approximately 1.07 acres within an established Industrial Park zoning district, the property consists of a ±12,143-square-foot building occupied by a long-term single tenant. The asset has been maintained in excellent condition and benefits from a secure, gated layout, recent exterior paint improvements, and a large yard area that supports a variety of industrial and operational uses.
The property's location offers convenient access to Gene Autry Trail and is positioned near Palm Springs International Airport, providing connectivity for businesses serving the Coachella Valley and surrounding Southern California markets. Its business park setting provides visibility and accessibility while supporting industrial and flex-space operations.
Offered fee simple and free and clear of debt, the property generates a reported net operating income of $195,000 and is marketed at a 6.5% cap rate. An additional consideration for owner-users is the stated potential for tenant relocation, creating future occupancy flexibility while preserving current income generation. This combination of in-place cash flow, functional industrial improvements, and long-term user potential makes the property a compelling investment opportunity in the Palm Springs market.