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353 S Palm Canyon Dr 6,561 SF 75% Leased Office Building Palm Springs, CA 92262 $2,950,000 ($449.63/SF) 6.56% Cap Rate
INVESTMENT HIGHLIGHTS
- Fantastic Downtown Location
- Cannabis License Transfer
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Air Conditioning
- Smoke Detector
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Be in the heart of downtown Palm Springs with this stunning commercial space. Featuring a private restroom, kitchenette, and multiple offices or storage areas, this versatile property is ideal for a retail showroom or office use. Offering 1,650 SF filled with natural light, elegant chandelier lighting, and an aesthetically pleasing design throughout, this space delivers both function and style. Inquire today to make this space yours! Tenant responsible for electricity. - 1,650sf(approx) - Total Rent: $5,775.00 (Base Rent $3psf/mo or $4,950.00 and CAM Fees $0.50psf/mo or $825.00)
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste B | 1,662 SF | Office | - | Now |
1st Fl-Ste B
| Size |
| 1,662 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste B
| Size | 1,662 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
Be in the heart of downtown Palm Springs with this stunning commercial space. Featuring a private restroom, kitchenette, and multiple offices or storage areas, this versatile property is ideal for a retail showroom or office use. Offering 1,650 SF filled with natural light, elegant chandelier lighting, and an aesthetically pleasing design throughout, this space delivers both function and style. Inquire today to make this space yours! Tenant responsible for electricity. - 1,650sf(approx) - Total Rent: $5,775.00 (Base Rent $3psf/mo or $4,950.00 and CAM Fees $0.50psf/mo or $825.00)
PROPERTY TAXES
| Parcel Number | 513-203-017 | Total Assessment | $2,706,078 |
| Land Assessment | $703,580 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $2,002,498 | Tax Year | 2025 |
PROPERTY TAXES
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353 S Palm Canyon Dr
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