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13418 Palm Dr
Desert Hot Springs, CA 92240
Jiffy Lube · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,936 SF
Building Class
C
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.24 AC
Zoning
MU-C - Mixed-Use Corridor
Parking
15 Spaces (7.75 Spaces per 1,000 SF Leased)
Frontage
71’ on Palm Dr
Amenities
- Pylon Sign
- Signage
About 13418 PALM DR , DESERT HOT SPRINGS, CA 92240
The subject property is a 1,936 SF Jiffy Lube building with two service bays located along Palm Drive in Desert Hot Springs, CA. The property is leased to Heartland Automotive Services Inc. a well-established and experienced Jiffy Lube franchisee, under a 20-year pure NNN lease with 2% annual rent increases. The lease also includes two 5-year options to renew with two percent (2%) annual rent increases. Located next to the property is an anchored Stater Bros. There are also multiple nationally recognized retailers such as McDonalds, Little Caesar's, O' Reilly Auto Parts, Chase Bank, Radio Shack, Rite Aid, Bank of America and Del Taco.
Property Taxes
| Parcel Number | 641-271-003 | Improvements Assessment | $1,082,432 |
| Land Assessment | $173,188 | Total Assessment | $1,255,620 |
Property Taxes
Parcel Number
641-271-003
Land Assessment
$173,188
Improvements Assessment
$1,082,432
Total Assessment
$1,255,620
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