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73255 El Paseo
Palm Desert, CA 92260
Sage Place · Retail Property For Sale
Investment Highlights
- Point of Destination Location – Sage Place enjoys its corner location within the heart of El Paseo
- Strong Tenant Leasing Momentum – Sage Place has enjoyed robust leasing momentum over the past couple of years with recent significant leases
- High-Traffic, Easily Accessible Location – Sage Place is located just off El Paseo (±14,300 CPD), with direct access to Highway 111 (±36,600 CPD)
- Pride of Ownership Asset – Sage Place is a ±25,590 SF high street retail asset, currently 90% leased to a synergistic mix of tenants
Property Facts
Property Type
Retail
Property Subtype
Building Size
25,590 SF
Building Class
B
Year Built/Renovated
1977/2000
Percent Leased
83%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.45
Lot Size
1.31 AC
Zoning
C1
Parking
79 Spaces (3 Spaces per 1,000 SF Leased)
Frontage
15’ on El Paseo
Amenities
- 24 Hour Access
- Bus Line
- Corner Lot
- Courtyard
- Signage
- Tenant Controlled HVAC
- Air Conditioning
- Balcony
Property Taxes
| Parcel Number | 627-251-001 | Improvements Assessment | $6,305,440 |
| Land Assessment | $2,089,052 | Total Assessment | $8,394,492 |
Property Taxes
Parcel Number
627-251-001
Land Assessment
$2,089,052
Improvements Assessment
$6,305,440
Total Assessment
$8,394,492
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