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1801 E Tahquitz Canyon Way 8,968 SF Vacant Office Building Palm Springs, CA 92262 $2,850,000 ($317.80/SF) 6.36% Cap Rate
Executive Summary
Nestled in the heart of Palm Springs, the area surrounding the property offers a vibrant and dynamic setting. Situated just minutes from downtown Palm Springs, tenants can easily access a wide array of dining, shopping, and entertainment options. With stunning mountain views and a thriving arts and culture scene, the location provides a stimulating environment for professionals.
This beautiful single-story office building constructed in 2008 is comprised of approximately 8,968 sq. ft. and is considered a Class "A" professional building with parking for medical use. There are 50 parking spaces; some of which are covered. This central location offers easy access to downtown and the Palm Springs Airport.
This beautiful single-story office building constructed in 2008 is comprised of approximately 8,968 sq. ft. and is considered a Class "A" professional building with parking for medical use. There are 50 parking spaces; some of which are covered. This central location offers easy access to downtown and the Palm Springs Airport.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
8,968 SF
Building Class
A
Year Built
2008
Price
$2,850,000
Price Per SF
$317.80
Cap Rate
6.36%
NOI
$181,260
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,968 SF
Slab To Slab
12’
Building FAR
0.20
Lot Size
1.01 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Health Care and Social Assistance
- 5,434 SF
- $21.00
- Triple Net
- Jul 2026
Acuity Eye Group began in 2005 as a single retina practice and has grown into a major ophthalmology provider. They offer services ranging from general eye exams to complex surgeries. The company operates numerous clinics and surgery centers across Southern California. Acuity focuses on both routine and specialized eye care, including treatments for glaucoma and cataracts. Their vertically integrated model combines various eye care services under one network.
- Porter, Romine, and Heck LLP
- Professional, Scientific, and Technical Services
- 3,409 SF
- $20.40
- Triple Net
- Dec 2027
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Health Care and Social Assistance | 5,434 SF | $21.00 | Triple Net | Jul 2026 | |
| Porter, Romine, and Heck LLP | Professional, Scientific, and Technical Services | 3,409 SF | $20.40 | Triple Net | Dec 2027 |
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Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 502-161-011 | Improvements Assessment | $1,715,367 |
| Land Assessment | $717,034 | Total Assessment | $2,432,401 |
Property Taxes
Parcel Number
502-161-011
Land Assessment
$717,034
Improvements Assessment
$1,715,367
Total Assessment
$2,432,401
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1801 E Tahquitz Canyon Way
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