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Highway 111 Pad Building 72799 Highway 111 10,002 SF 100% 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
Building Size
10,002 SF
Year Built
1974
Price
$3,450,000
Price Per SF
$344.93
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
1 of 6
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