68935 Palm Canyon dr | Cathedral City, CA 92234
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68935 Palm Canyon dr
Cathedral City, CA 92234
Chipotle | Cathedral City, CA · Retail Property For Sale
Investment Highlights
- Single-Tenant Chipotle Drive-Thru: New 15-year lease with 10% increases every 5 years; minimal landlord responsibilities
- Located in the Newly Constructed Cathedral Cove Center in the Heart of Downtown Cathedral City
- Positioned at the Signalized Intersection of Palm Canyon Drive/Highway 111, a Primary North/South Thoroughfare, and Date Palm Drive
- Strategically Situated Across from the New Agua Caliente Casino (Top 2% Casino Nationwide, Placer.ai)
- Strong Central Highway 111 Location to Serve the Coachella Valley’s 425,000 Year-Round Residents
- Major Tourist Attraction: The Coachella Valley attracts over 14 million visitors each year
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,325 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.65 AC
Zoning
CPS
Frontage
134’ on Palm Canyon
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