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Investment Highlights

  • Near Cathedral City Auto Center
  • Located On Highway 11

Executive Summary

The landlord is only interested in selling these parcels of land collectively. The landlord will not accept offers for either individual parcel of land unless it's to be leased. FOR SALE: Main Building + Rear Parking Lot

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
11,272 SF
Building Class
C
Year Built/Renovated
2018/2019
Price
$3,600,000
Price Per SF
$319.38
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
1.17 AC
Opportunity Zone
Yes
Zoning
PCC - Planned Community Center Zoning. Buyer to verify all zoning regulations and permitted uses with the City of Cathedral City.
Parking
38 Spaces (20.38 Spaces per 1,000 SF Leased)
Frontage
224’ on Highway 111

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,865 SF
  • Retail
  • Outparcel
  • 30 Days

• Ground Lease or Build-to-Suit opportunity for a proposed ±1,865 SF QSR drive-thru building • Situated on a ±0.91-acre commercial site along E. Palm Canyon Dr • High visibility corridor with approximately ±32,828 vehicles per day • PCC (Planned Community Commercial) zoning allowing restaurant and retail uses • ±38 parking stalls planned for the development • Portion of the existing building will be demolished to accommodate the new drive-thru site • Located near the Cathedral City Community Amphitheater and surrounded by strong retail and automotive uses • Ideal for QSR, coffee, or fast-casual restaurant concepts

Space Size Space Use Position Available
1st Floor 1,865 SF Retail Outparcel 30 Days

1st Floor

Size
1,865 SF
Space Use
Retail
Position
Outparcel
Available
30 Days

1st Floor

Size 1,865 SF
Space Use Retail
Position Outparcel
Available 30 Days

• Ground Lease or Build-to-Suit opportunity for a proposed ±1,865 SF QSR drive-thru building • Situated on a ±0.91-acre commercial site along E. Palm Canyon Dr • High visibility corridor with approximately ±32,828 vehicles per day • PCC (Planned Community Commercial) zoning allowing restaurant and retail uses • ±38 parking stalls planned for the development • Portion of the existing building will be demolished to accommodate the new drive-thru site • Located near the Cathedral City Community Amphitheater and surrounded by strong retail and automotive uses • Ideal for QSR, coffee, or fast-casual restaurant concepts

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Toyota
CrossFit
United Rentals
Anytime Fitness
Starbucks
Trader Joe's
U.S. Bank
Mechanics Bank
Denny's

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 687-084-011
  • 687-084-010
  • 687-084-003
Land Assessment
$710,510
Improvements Assessment
$767,158
Total Assessment
$1,477,668
  • Listing ID: 35059793

  • Date on Market: 3/7/2025

  • Last Updated:

  • Address: 68406 Highway 111, Cathedral City, CA 92234

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