71885 Highway 111
Rancho Mirage, CA 92270
Retail Property For Sale

Auction:5/30 - 6/1: 71885 Highway 111 (Retail) **CLOSE OF ESCROW IS ON OR BEFORE JUNE 28th** Investment Highlights: *Excellent Hwy 111 Frontage & Signage Near Corner of Bob Hope *Ideal for Restaurant, Showroom, Retail, Medical or Professional Office *Spacious Showroom or Dining Area Plus approx. 1,000 SF Outdoor Patio *Building is Vacant - Ready to Move-In *Large Well Designed Commercial Kitchen *Abundant Parking Directly Adjacent Plus Additional Parking in Center *Traffic Count: Over 40,000 Cars Per Day Investment Overview: 71885 Highway 111 (retail) is located at the hard corner of Highway 111 and Ocotillo Drive in the City of Rancho Mirage, California. The subject property is ideally located directly across from The River at Rancho Mirage, a 230,000 SF lifestyle center. This corridor is the premier dining and shopping destination for the residents of Rancho Mirage and the surrounding communities. The property is surrounded by prime retail tenants including; PF Changs, Cheesecake Factory, Flemings steakhouse, a 16 screen Regal Movie Theater, Forever 21 and numerous other high-end restaurants and retailers. This is a rare opportunity to own a free standing retail/restaurant property in a high traffic and affluent part of Southern California. The city of Rancho Mirage is a resort city in Riverside County, California that boasts twelve golf courses/country clubs. Located in the Coachella Valley, it is one of the fastest growing regions in California because of its vibrant, entrepreneurial business climate and its international acclaim as a tourism destination -- a picture-postcard-perfect lifestyle oasis of snowcapped mountains, manicured golf courses and celebrated 350 days of sunshine.