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31033 Date Palm Dr 126,745 SF 19% Leased Retail Building Cathedral City, CA 92234 $9,500,000 ($74.95/SF) 3.25% Cap Rate



Executive Summary
Located at the signalized intersection of Date Palm Drive and McCallum Way—
experiencing approximately 22,000 vehicles per day—the property offers ±533’
of frontage on Date Palm Drive and ±425’ on McCallum Way, providing superior
access, dual-street visibility, strong traffic exposure, and outstanding branding
potential through prominent monument signage.
Back on the market at a reduced price with potential tenant lease-up totaling
approximately 65% of the center.
Highly Functional for Logistics & Warehouse Uses: The single-story configuration
with five exterior loading docks allows seamless adaptation for warehouse, lastmile
distribution, or back-of-house intensive users.
Modern Construction With Recent Renovation: Originally built in 1992 and
renovated in 2007, the asset benefits from more modern construction standards
versus older competitive product, reducing near-term capital exposure.
Abundant On-Site Parking: Approximately 888 parking spaces (±7.55 spaces per
1,000 SF) support high-traffic retail, medical, or institutional users and make the
site attractive for destination uses.
Spirit Halloween—an established seasonal tenant—has committed to returning
for the 2026 season, providing reliable recurring rental income, consistent annual
foot traffic, and an additional layer of occupancy stability for investors.
experiencing approximately 22,000 vehicles per day—the property offers ±533’
of frontage on Date Palm Drive and ±425’ on McCallum Way, providing superior
access, dual-street visibility, strong traffic exposure, and outstanding branding
potential through prominent monument signage.
Back on the market at a reduced price with potential tenant lease-up totaling
approximately 65% of the center.
Highly Functional for Logistics & Warehouse Uses: The single-story configuration
with five exterior loading docks allows seamless adaptation for warehouse, lastmile
distribution, or back-of-house intensive users.
Modern Construction With Recent Renovation: Originally built in 1992 and
renovated in 2007, the asset benefits from more modern construction standards
versus older competitive product, reducing near-term capital exposure.
Abundant On-Site Parking: Approximately 888 parking spaces (±7.55 spaces per
1,000 SF) support high-traffic retail, medical, or institutional users and make the
site attractive for destination uses.
Spirit Halloween—an established seasonal tenant—has committed to returning
for the 2026 season, providing reliable recurring rental income, consistent annual
foot traffic, and an additional layer of occupancy stability for investors.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
126,745 SF
Building Class
B
Year Built/Renovated
1992/2007
Price
$9,500,000
Price Per SF
$74.95
Cap Rate
3.25%
NOI
$308,381
Percent Leased
19%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
5 Exterior
Building FAR
0.20
Lot Size
14.23 AC
Zoning
PCC - Commercial
Parking
888 Spaces (7.01 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Signalized Intersection
- Monument Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 3
- 3,303 SF
- Retail
- -
- Now
- 4
- 3,303 SF
- Retail
- -
- Now
- 5
- 3,236 SF
- Retail
- -
- Now
- 6
- 23,341 SF
- Retail
- -
- Now
- 7
- 23,341 SF
- Retail
- -
- Now
This space can be combined with suite 7,6,9,5,4,3 for a total of 108,824 sqft.
Tenant is month-to-month
| Space | Size | Space Use | Position | Available |
| 3 | 3,303 SF | Retail | - | Now |
| 4 | 3,303 SF | Retail | - | Now |
| 5 | 3,236 SF | Retail | - | Now |
| 6 | 23,341 SF | Retail | - | Now |
| 7 | 23,341 SF | Retail | - | Now |
| 8 | 46,596 SF | Retail | - | Now |
| 9 | 2,006 SF | Retail | - | 60 Days |
3
| Size |
| 3,303 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
4
| Size |
| 3,303 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
5
| Size |
| 3,236 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
6
| Size |
| 23,341 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
7
| Size |
| 23,341 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
8
| Size |
| 46,596 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
9
| Size |
| 2,006 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 60 Days |
8
| Size | 46,596 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
This space can be combined with suite 7,6,9,5,4,3 for a total of 108,824 sqft.
9
| Size | 2,006 SF |
| Space Use | Retail |
| Position | - |
| Available | 60 Days |
Tenant is month-to-month
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,760,126 | |
| Land Assessment | $4,348,617 | Total Assessment | $8,108,743 |
Property Taxes
Parcel Numbers
Land Assessment
$4,348,617
Improvements Assessment
$3,760,126
Total Assessment
$8,108,743
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31033 Date Palm Dr
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