70385 Highway 111 Cir
Rancho Mirage, CA 92270
Lord Fletchers | World Famous | Owner/User Op · Retail Property For Sale

The subject property is located at the intersection of State Highway 111 and Cam Del Cerro with over 43,100 vehicles passing by daily. State Highway 111 is also the main thoroughfare traveling through Rancho Mirage and Palm Desert, providing customers with easy accessibility to the property. The site is a few miles north of the primary retail corridor with nearby national/credit tenants including Target, Whole Foods, Hobby Lobby, PGA Superstore, Total Wine, Best Buy, T.J. Maxx, Bed Bath & Beyond, Smart & Final, and more, which helps promote crossover shopping to the subject property. The River Mall (230,000 SF) with major tenants: Century Theaters, The Cheesecake Factory, Forever 21, Yard House, Fleming’s Prime Steakhouse, and P.F. Chang’s is just 2 miles south on Highway 111. In addition, the Westfield Palm Desert Mall (980,000 SF of retail space) is less than 5 miles away with anchor tenants including JCPenney, Macy’s, Sears, and Dick’s Sporting Goods, further increasing consumer traffic to the trade area. Rancho Mirage is a resort city in the Coachella Valley with numerous hotels and over 100 golf courses. The relaxing atmosphere and various country clubs are the main drivers of consistent tourism, helping an entertainment center like The River thrive. The Coachella Valley is also home to major music festivals including Coachella Valley Music and Arts Festival (250,000 attendees, two-weekend total) and Stage Coach Festival (75,000 attendees), which bring people from all over the world. The 5-mile trade area is supported by over 93,800 residents with an affluent average household income of more than $93,000. The immediate 1-mile trade area boasts an even higher average household income of nearly $130,000.