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Freestanding Bank / Retail / Medical / Office 72885 Ramon Rd 3,240 SF Retail Building Thousand Palms, CA 92276 $950,000 ($293.21/SF)

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Investment Highlights

High Visibility Corner Retail Opportunity with Pylon Signage Adjacent to the Busy Intersection of Ramon Rd and Monterey Ave
Large Fenced Lot with Ample Room for Additional Secure Storage &Parking

Direct Access to the I-10 Freeway with and Impressive 106,000 VPD

Executive Summary

Graystone Capital Advisors is pleased to exclusively present the opportunity to purchase 72885 Ramon Rd in Thousand Palm, CA. This property consists a 3,240 SF retail building situated on an approximately 0.69 AC lot. The former Rabobank building is zoned MU (Mixed-use) allowing for a variety ofretail uses and potential for future multifamily development. The propertyenjoys excellent visibility at the corner of Ramon Rd and Arbol Real Ave, just off from the busy intersection of Ramon and Monterey – both of which feed directly into the I-10 Freeway (106,000 VPD). The property further benefits from direct access to a strong and growing population with 17,387 people with an average household income of $101,414 within a 3-mile radius –growing by an impressive 24.33% growth since 2010. Additionally, the property sits within a rapidly growing retail corridor and is surrounded by variety of popular retailers including Agua Caliente Resort Casino, Costco, Sam’s Club, Walmart, Home Depot, In-n-Out, Chick-fi l-A, Del Taco, Starbucks, Shell, Arco, Chevron, and many more.

Freestanding Bank-Retail-Office-Medical - Thousand Palms CA - Sale or Lease

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Bank

Building Size

3,240 SF

Building Class

Year Built/Renovated

1991/2022

Price

$950,000

Price Per SF

$293.21

Tenancy

Single

Building Height

1 Story

Building FAR

0.11

Lot Size

0.69 AC

Zoning

MU (Mixed Use) - For more details on zoning, visit Ordinance No 348.4913: https://planning.rctlma.org/Portals/14/Ord_348_clean_version.pdf?ver=2020-09-24-093220-233.

Frontage

132’ on Ramon Rd

Bus Line

Corner Lot

Storage Space

Space Availability

Space
Size
Space Use
Position
Available

1st Floor
1,000-3,240 SF
Retail
-
Now

72885 Ramon Rd, Thousand Palms, CA for sale Building Photo- Image 1 of 3 — Building Photo

72885 Ramon Rd, Thousand Palms, CA for sale Building Photo- Image 2 of 3 — Building Photo

72885 Ramon Rd, Thousand Palms, CA for sale Building Photo- Image 3 of 3 — Building Photo

Ranged availability. 1,000-3,420 square feet. This high-visibility corner retail property offers prominent pylon signage and sits adjacent to the busy intersection of Ramon Road and Monterey Avenue just steps from convenient I-10 freeway access with ±106,000 vehicles per day. The property includes a large fenced lot with additional secure storage and parking potential. Positioned within a rapidly expanding retail corridor of the Coachella Valley, it benefits from strong demographic fundamentals, including over 17,000 residents within three miles and an average household income of $101,414. Surrounded by major destinations and national retailers such as Costco, Sam’s Club, Walmart, Home Depot, In-N-Out, and Starbucks, this location provides exceptional consumer draw for a range of retail opportunities.