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72620 El Paseo
Palm Desert, CA 92260
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- El Paseo Address
- Turnkey - Fully Equipped Kitchen
- High Traffic Corridor
- Ample Parking
EXECUTIVE SUMMARY
Now Available for Sale or Lease! Wilson Meade Commercial is pleased to present this 8,800 sf freestanding restaurant which has been newly renovated.
With a fully equipped kitchen, a new owner or tenant may take over this turn-key restaurant and become a part of the thriving culinary scene off El Paseo, the “Rodeo Drive of the Desert”.
The restaurant features a central bar with seating for 25, dining room for 100+, private outdoor patio, and an enclosed yard with kitchen access.
This property is in the high traffic corridor of El Paseo and Highway 111, surrounded by major retailers and an impressive daily traffic count of 27,500+ cars.
Call Heath Wilson for additional information or to schedule a private tour.
With a fully equipped kitchen, a new owner or tenant may take over this turn-key restaurant and become a part of the thriving culinary scene off El Paseo, the “Rodeo Drive of the Desert”.
The restaurant features a central bar with seating for 25, dining room for 100+, private outdoor patio, and an enclosed yard with kitchen access.
This property is in the high traffic corridor of El Paseo and Highway 111, surrounded by major retailers and an impressive daily traffic count of 27,500+ cars.
Call Heath Wilson for additional information or to schedule a private tour.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,800 SF
Building Class
B
Year Built
1985
Price
$3,300,000
Price Per SF
$375
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.75
Lot Size
0.27 AC
Zoning
PC3SP - Planned Commercial - Regional Commercial - Regional Retail
Parking
30 Spaces (3.41 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 640-160-010 | Improvements Assessment | $2,207,312 |
| Land Assessment | $392,646 | Total Assessment | $2,599,958 |
PROPERTY TAXES
Parcel Number
640-160-010
Land Assessment
$392,646
Improvements Assessment
$2,207,312
Total Assessment
$2,599,958
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