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Palm Canyon Center 68406 Highway 111 11,272 SF of Retail Space Available in Cathedral City, CA 92234
HIGHLIGHTS
- Real Estate + Operating Business Package
- Prime Visibility & Access
- Turnkey Automotive Facility
- Significant Land & Parking
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 11,272 SF | 3-7 Years | $15.96 /SF/YR $1.33 /SF/MO $179,901 /YR $14,992 /MO | TBD |
1st Floor
- Near Cathedral City Auto Center
- Located On Highway 11
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 11,272 SF | Year Built/Renovated | 2018/2019 |
| Property Type | Retail | Parking Ratio | 2.66/1,000 SF |
| Property Subtype | Auto Repair | Cross Streets | Sunair Plaza Dr |
| Gross Leasable Area | 11,272 SF |
| Total Space Available | 11,272 SF |
| Property Type | Retail |
| Property Subtype | Auto Repair |
| Gross Leasable Area | 11,272 SF |
| Year Built/Renovated | 2018/2019 |
| Parking Ratio | 2.66/1,000 SF |
| Cross Streets | Sunair Plaza Dr |
ABOUT THE PROPERTY
68406 E Palm Canyon Drive presents a rare opportunity to acquire a turnkey Tire & Auto Service Center, offered as a combined sale of both the real estate and the operating business. This offering is ideal for owner-operators, strategic buyers, or investors seeking an established automotive operation with strong real estate fundamentals. The property consists of a ±11,272 SF main building situated on ±1.17 acres of land, including a separate ±7,840 SF rear parking lot, providing excellent functionality for automotive use. The facility features 8 service bays, ample on-site parking with approximately 30 parking stalls, and strong visibility along Palm Canyon Drive, a major commercial corridor with traffic counts of approximately 32,828 cars per day. The existing tire and auto service business is well-established and benefits from a highly visible location, strong surrounding retail synergy, and a dense trade area. Nearby users include national automotive brands, retailers, and service-oriented businesses, supporting consistent customer demand. Zoned PCC (Planned Community Commercial), the property is purpose-built and well-suited for continued automotive use, minimizing entitlement risk for a buyer looking to operate immediately. The rear parking lot provides additional operational flexibility, storage, or potential future reconfiguration, subject to buyer verification. This offering represents a compelling opportunity to acquire a going-concern automotive business with underlying real estate ownership, combining cash flow potential, operational continuity, and long-term value in a growing Coachella Valley market.
NEARBY MAJOR RETAILERS
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Palm Canyon Center | 68406 Highway 111
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