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69040 Ramon Rd
Cathedral City, CA 92234
Date Palm Centre · Retail Property For Sale
Investment Highlights
- Stabilized Investment Opportunity
Executive Summary
Fully leased multi-tenant QSR retail property anchored by Starbucks drive-thru.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
4,250 SF
Building Class
B
Year Built
1999
Price
$1,850,000
Price Per SF
$435.29
Cap Rate
6.69%
NOI
$123,723
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.50 AC
Zoning
PCC, Cathedral City
Parking
30 Spaces (7.06 Spaces per 1,000 SF Leased)
Frontage
106’ on Ramon Rd
Amenities
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 670-172-045 | Improvements Assessment | $1,951,476 |
| Land Assessment | $766,644 | Total Assessment | $2,718,120 |
Property Taxes
Parcel Number
670-172-045
Land Assessment
$766,644
Improvements Assessment
$1,951,476
Total Assessment
$2,718,120
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