42500 Washington St - Entitled Mixed-Use Development Opportunity 2.34 Acres of Commercial Land in Bermuda Dunes, CA 92203

The front parcel is fully entitled for the construction of an approximately 9,900 SF preschool facility featuring a 10,000 SF outdoor playground. The project is supported by an executed 16-year corporate-guaranteed lease with The Learning Experience, one of the nation's fastest-growing early childhood education providers, creating an exceptional opportunity for investors seeking stable, long-term income from an established national tenant.
The rear parcel is fully entitled for the development of 43 market-rate apartment homes, comprising three levels of residential units over ground-level parking. The multifamily community is uniquely positioned to benefit from immediate access to on-site childcare, adjacent retail conveniences, and exceptional regional connectivity, including a three-minute drive to the Interstate 10 freeway on- and off-ramps. These attributes create an attractive living environment for families and professionals while enhancing the long-term desirability of the project.
Together, these two entitled projects provide a compelling investment opportunity that combines the security of an income-producing, nationally leased asset with the upside of a fully entitled multifamily development. With all entitlements in place and an approved tentative tract map for the lot split, investors have the flexibility to develop, hold, or capitalize each parcel independently while benefiting from the natural synergy created by the complementary uses.
Opportunities offering fully entitled mixed-use developments of this quality, with a long-term corporate tenant already secured and a development-ready multifamily component, are exceptionally rare, making this a unique opportunity for both developers and long-term investors.