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71956 Magnesia Falls Dr
Rancho Mirage, CA 92270
Office/Medical Property For Lease
·
5,000 SF
Highlights
- 8 Private Offices
Property Overview
This premier medical retail property is now available for purchase in the heart of Rancho Mirage, offering an exceptional investment opportunity. Set on a spacious 0.55-acre lot, the property features generous parking accommodations and offers stunning views of the surrounding mountains. The established Tenant- Rancho Mirage Eye Care + Optometry, a trusted medical provider with over five years of successful operations at this location and numerous other California locations, recently renewed their commitment with a brand-new 5-year lease and a 5-year option. The lease is structured as a modified gross lease with 3% annual rent escalations, ensuring steady, long-term returns for the new owner.
Property Facts
Building Type
Office
Year Built
1980
Building Height
1 Story
Building Size
5,000 SF
Building Class
B
Typical Floor Size
4,300 SF
Parking
20 Surface Parking Spaces
1 of 30
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