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Garnet Avenue Single-Tenant 690 W Garnet Ave 13,924 SF Flex Building Palm Springs, CA 92262 $2,400,000 ($172.36/SF)
Investment Highlights
- Vacant 13,924-Square-Foot Single-Tenant Industrial Flex Property on 1.81 Acres
- Flexible Layout Suitable for Industrial, Logistics, or Office-Intensive Users
- Prominent Visibility Along I-10 with Exposure to ±89,000 Vehicles Per Day | Proximity to Large-Scale Industrial Developments
- Featuring Concrete Tilt-Up Construction, 17’ Clear Height, Three 14’ x 14’ Grade-Level Doors, and Fire Sprinkler System
- Available for Immediate Owner Use or Lease-up Opportunity
- Located in Outperforming Coachella Valley Submarket with 5.8% Industrial Vacancy Rate vs. Overall Inland Empire Market Average of 8.8%
Executive Summary
The property's location offers excellent visibility along Interstate 10, with exposure to approximately 89,000 vehicles per day, making it an ideal spot for businesses that require high visibility and accessibility (California Department of Transportation). Its proximity to large-scale industrial developments also enhances its appeal, providing opportunities for collaboration and networking with neighboring businesses. The Coachella Valley submarket, where the property is located, had an industrial vacancy rate of 5.8 percent in Q1 2026, which was significantly lower than the overall Inland Empire market average of 8.8 percent. This indicates a strong demand for industrial space in the area and a competitive market for landlords. The area's strong economic growth and limited supply of available industrial properties make it an attractive location for businesses and investors alike.
Property Facts
| Price | $2,400,000 | Rentable Building Area | 13,924 SF |
| Price Per SF | $172.36 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1989 |
| Property Type | Flex | Tenancy | Single |
| Property Subtype | Light Distribution | Clear Ceiling Height | 17’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 1.81 AC | ||
| Zoning | M-1P - Light industrial | ||
| Price | $2,400,000 |
| Price Per SF | $172.36 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | B |
| Lot Size | 1.81 AC |
| Rentable Building Area | 13,924 SF |
| No. Stories | 1 |
| Year Built | 1989 |
| Tenancy | Single |
| Clear Ceiling Height | 17’ |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | M-1P - Light industrial |
Amenities
- Signage
- Wheelchair Accessible
- Reception
- Air Conditioning
- Smoke Detector
Utilities
- Lighting
- Water
- Sewer
- Heating
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
This 13,924-square-foot industrial flex building sits on a 1.81-acre lot. Constructed with durable tilt-up concrete and featuring Class B design, the property provides a flexible layout that supports a variety of uses including industrial, logistics, or office-intensive operations. The building’s 17-foot clear height and three 14’ x 14’ grade-level doors facilitate efficient loading and operational flow, while an installed fire sprinkler system ensures safety compliance for diverse occupancies. Key physical features include ample parking with 53 spaces, robust on-site functionality, and a structure optimized for adaptability—making it well-suited for owner-users or investors seeking lease-up opportunities. Zoned M-1P, this property benefits from prime visibility along Interstate 10, providing exposure to approximately 89,000 vehicles per day, and positions users strategically near major industrial activity within the thriving Coachella Valley submarket, which currently outperforms broader regional vacancy averages. With its combination of location, accessibility, and versatile design, 690 W Garnet Avenue represents a high-value acquisition opportunity for businesses and investors poised to capitalize on the expanding Southern California logistics and industrial corridor
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 13,924 SF | Flex | Full Build-Out | Now |
1st Floor
| Size |
| 13,924 SF |
| Space Use |
| Flex |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 13,924 SF |
| Space Use | Flex |
| Build-Out | Full Build-Out |
| Available | Now |
This 13,924-square-foot industrial flex building sits on a 1.81-acre lot. Constructed with durable tilt-up concrete and featuring Class B design, the property provides a flexible layout that supports a variety of uses including industrial, logistics, or office-intensive operations. The building’s 17-foot clear height and three 14’ x 14’ grade-level doors facilitate efficient loading and operational flow, while an installed fire sprinkler system ensures safety compliance for diverse occupancies. Key physical features include ample parking with 53 spaces, robust on-site functionality, and a structure optimized for adaptability—making it well-suited for owner-users or investors seeking lease-up opportunities. Zoned M-1P, this property benefits from prime visibility along Interstate 10, providing exposure to approximately 89,000 vehicles per day, and positions users strategically near major industrial activity within the thriving Coachella Valley submarket, which currently outperforms broader regional vacancy averages. With its combination of location, accessibility, and versatile design, 690 W Garnet Avenue represents a high-value acquisition opportunity for businesses and investors poised to capitalize on the expanding Southern California logistics and industrial corridor
Property Taxes
| Parcel Number | 666-430-010 | Improvements Assessment | $1,779,900 |
| Land Assessment | $1,071,000 | Total Assessment | $2,850,900 |
Property Taxes
