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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.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
8,968 SF
Building Class
B
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 under founder Tom S. Chang, a surgeon whose ophthalmology background shaped the company's patient-care focus. The company provides ophthalmology, optometry, retina, cataract, glaucoma, oculoplastics, dry eye, LASIK, glasses, contacts, and related eye care services, along with surgery center and optical offerings. Acuity Eye Group supports a wide network of clinics and surgery centers across California and works with optometrists, ophthalmologists, primary care physicians, and other specialists to coordinate care. The company positions its work around comprehensive eye care and a physician-owned model, with a mission centered on improving patients' quality of life through eye care and patient experience.

  • 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
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
502-161-011
Land Assessment
$717,034
Improvements Assessment
$1,715,367
Total Assessment
$2,432,401
  • Listing ID: 38560251

  • Date on Market: 11/24/2025

  • Last Updated:

  • Address: 1801 E Tahquitz Canyon Way, Palm Springs, CA 92262

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