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73600 Alessandro Dr 23,000 SF 69% Leased Retail Building Palm Desert, CA 92260 $6,500,000 ($282.61/SF)
Investment Highlights
- Close to El Paseo and Hwy 111
- Conference/Event Room
- Security System
- Courtyard
- Mezzanine
- Air Conditioning
Executive Summary
Financial Summary (Pro Forma - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$759,000
|
$33.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$759,000
|
$33.00
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$129,009
|
$5.61
|
| Net Operating Income |
$629,991
|
$27.39
|
Financial Summary (Pro Forma - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $759,000 |
| Annual Per SF | $33.00 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $759,000 |
| Annual Per SF | $33.00 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $129,009 |
| Annual Per SF | $5.61 |
| Net Operating Income | |
|---|---|
| Annual | $629,991 |
| Annual Per SF | $27.39 |
Property Facts
Amenities
- Conferencing Facility
- Courtyard
- Fireplace
- Mezzanine
- Pool
- Security System
- Enclosed Mall
- Monument Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Flexible terms. could also be retail. Rare to find building. Perfect for a gym, yoga, Pilates workout room. His/Her locker rooms available with Dry sauna and spa for additional $$. Lighting and additional reception area is also available. Private office space adjoining the gym. Additional space for cycling can also be added to this space.
Large open space would be perfect for retail, gym, yoga or art. Outdoor garden area plus locker rooms with dry sauna and spa. Also perfect for events. Outdoor garden event space is also available. check terms.
Closest to the side entrance would be perfect for Hair dressing/nail Enter this unique Mediterranean styled building through a bright and two story entrance in Palm Desert with ample parking. Space is spacious, bright and centrally located. Close to HWY 111 & Monterey. Building also includes locker rooms for his/her with dry sauna and spa. Tiled floors. Perfect location for a health & wellness business owner. Master lease is also available for the entire building to the right business entrepreneur.
| Space | Size | Space Use | Position | Available |
| 113 | 2,742 SF | Flex | - | Now |
| 136-137 | 3,237 SF | Flex | - | Now |
| 138 | 1,160 SF | Retail | End Cap | Now |
113
| Size |
| 2,742 SF |
| Space Use |
| Flex |
| Position |
| - |
| Available |
| Now |
136-137
| Size |
| 3,237 SF |
| Space Use |
| Flex |
| Position |
| - |
| Available |
| Now |
138
| Size |
| 1,160 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
113
| Size | 2,742 SF |
| Space Use | Flex |
| Position | - |
| Available | Now |
Flexible terms. could also be retail. Rare to find building. Perfect for a gym, yoga, Pilates workout room. His/Her locker rooms available with Dry sauna and spa for additional $$. Lighting and additional reception area is also available. Private office space adjoining the gym. Additional space for cycling can also be added to this space.
136-137
| Size | 3,237 SF |
| Space Use | Flex |
| Position | - |
| Available | Now |
Large open space would be perfect for retail, gym, yoga or art. Outdoor garden area plus locker rooms with dry sauna and spa. Also perfect for events. Outdoor garden event space is also available. check terms.
138
| Size | 1,160 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
Closest to the side entrance would be perfect for Hair dressing/nail Enter this unique Mediterranean styled building through a bright and two story entrance in Palm Desert with ample parking. Space is spacious, bright and centrally located. Close to HWY 111 & Monterey. Building also includes locker rooms for his/her with dry sauna and spa. Tiled floors. Perfect location for a health & wellness business owner. Master lease is also available for the entire building to the right business entrepreneur.
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,630,304 (2025) | |
| Land Assessment | $553,562 (2025) | Total Assessment | $4,183,866 (2025) |
Property Taxes
Presented by
Green Properties
73600 Alessandro Dr
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