72306 Highway 111
Palm Desert, CA 92260
NNN-Leased Pad to Walmart Anchored Center · Retail Property For Sale
Property Facts
Amenities
- Signalized Intersection
About 72306 HIGHWAY 111 , PALM DESERT, CA 92260
Marcus & Millichap and Coldwell Banker Commercial are pleased to present the NEW 2019-constructed retail building, located in Palm Desert, CA. The property is positioned ideally in front of a Walmart Neighborhood Market, in Palm Desert's core retail trade area. The 6,800 SF commercial building is fully leased to Mattress Firm and Club Champion. Mattress Firm emerged last year with excellent store financials and will continue its focus on growth and development. Champion Golf is the largest, premier club fitting retailer in the U.S, and has chosen this sub-market due to the thriving golf community. The Subject Property is found in Coachella Valley, one of Southern California’s affluent sub-markets - where households within a 3-mi radius of the property average an income exceeding $95,000 annually, and the same population growth has exceeded 8%, in the last 7 years.
Property Taxes
| Parcel Number | 640-110-048 | Improvements Assessment | $4,369,680 |
| Land Assessment | $832,320 | Total Assessment | $5,202,000 |
Property Taxes
