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Alessandro Centre 73550 Alessandro Dr 10,918 SF 100% Leased Office Building Palm Desert, CA 92260 $2,200,000 ($201.50/SF)
Investment Highlights
- Prime office property located in the heart of Palm Desert within the Coachella Valley submarket.
- Strong investment opportunity with multiple tenants and near full occupancy.
- Located in a high-growth area with projected population and household increases exceeding 10% over the next five years.
- Recently upgraded with new parking featuring solar panels and a remodeled, spacious entryway.
- Convenient access to major thoroughfares and close proximity to retail, dining, and lifestyle amenities along Highway 111 and El Paseo.
Executive Summary
Great office building with new parking with solar panels.
2 story building almost fully occupied.
Remodeled and spacious entry.
2 story building almost fully occupied.
Remodeled and spacious entry.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
10,918 SF
Building Class
B
Year Built
1994
Price
$2,200,000
Price Per SF
$201.50
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,459 SF
Building FAR
0.45
Lot Size
0.56 AC
Zoning
R3 - Medium density residential
Parking
40 Spaces (3.7 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Controlled Access
- Conferencing Facility
- Property Manager on Site
- Skylights
- Central Heating
- Natural Light
- Drop Ceiling
- Wi-Fi
- Air Conditioning
- Balcony
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 627-151-010 | Improvements Assessment | $1,300,381 |
| Land Assessment | $300,462 | Total Assessment | $1,600,843 |
Property Taxes
Parcel Number
627-151-010
Land Assessment
$300,462
Improvements Assessment
$1,300,381
Total Assessment
$1,600,843
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Alessandro Centre | 73550 Alessandro Dr
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