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Highway 111 Pad Building 72790 El Paseo 10,002 SF 81% Leased Retail Building Palm Desert, CA 92260 $3,450,000 ($344.93/SF)
Investment Highlights
- First time available in more than 20 years! Once in a generation opportunity!
- Serves the affluent demographics of Palm Desert, Rancho Mirage and Indian Wells
- Irreplaceable location with ample parking
Executive Summary
10,002 SF Highway 111 Pad Building on two parcels totaling 1.48 acres available in the heart of Palm Desert’s commercial district! Opportunity for investors or owner/user at the SWC of Highway 111 & Plaza Way. 6,878 SF available September 30, 2027 fronting Highway 111! Flexibility to occupy a major portion of the Building 6,878 SF - 8,802 SF or work with existing Tenant interested in a downsize and a long-term lease. High traffic, retail hub location surrounded by National credit tenants such as Ross, Staples, Macy’s, H&M,
Dick’s Sporting Goods, Barnes & Noble and many more!
Dick’s Sporting Goods, Barnes & Noble and many more!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,002 SF
Building Class
C
Year Built
1974
Price
$3,450,000
Price Per SF
$344.93
Percent Leased
81%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.85 AC
Zoning
PC3SP
Parking
40 Spaces (4.6 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Wide open retail or office suite. Clean vanilla shell condition. Can be combined with Suite B for a total of 3,124 SF. Abundant, adjacent parking.
| Space | Size | Space Use | Position | Available |
| 72790A | 1,924 SF | Office/Retail | - | Now |
72790A
| Size |
| 1,924 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
1 of 5
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Map
72790A
| Size | 1,924 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
Wide open retail or office suite. Clean vanilla shell condition. Can be combined with Suite B for a total of 3,124 SF. Abundant, adjacent parking.
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,350,798 | |
| Land Assessment | $1,869,319 | Total Assessment | $4,220,117 |
Property Taxes
Parcel Numbers
Land Assessment
$1,869,319
Improvements Assessment
$2,350,798
Total Assessment
$4,220,117
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
