Log In/Sign Up
73670-73680 El Paseo
Palm Desert, CA 92260
Retail Property For Sale
Investment Highlights
- Embark on a single-tenant NNN investment opportunity to acquire a retail storefront at a 5.50% cap rate that increases to 6.05% in October 2027.
- Home to a corporate tenant of Rolex USA, with the initial lease term expiring in October 2032 with two five-year options to extend.
- One-story storefront building comprising 9,980 SF with a showstopping $6 million interior remodel to showcase the luxury Rolex USA offers.
- 73670-73680 El Paseo is surrounded by high-end retailers, including Gucci, Louis Vuitton, Bottega Veneta, and Sak’s Fifth Avenue.
Property Facts
Property Type
Retail
Property Subtype
Building Size
9,980 SF
Building Class
B
Year Built/Renovated
1999/2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.46
Lot Size
0.50 AC
Zoning
D - Downtown district
Frontage
117’ on El Paseo
Property Taxes
| Parcel Number | 627-212-017 | Improvements Assessment | $4,722,235 |
| Land Assessment | $744,095 | Total Assessment | $5,466,330 |
Property Taxes
Parcel Number
627-212-017
Land Assessment
$744,095
Improvements Assessment
$4,722,235
Total Assessment
$5,466,330
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
