75702 Varner Rd
Palm Desert, CA 92211
Acrisure Arena · Sports & Entertainment Property For Sale · 218,831 SF

GENERATIONAL LEASED FEE INTEREST RESORT DESTINATION
* RARE INVESTMENT OPPORTUNITY | The offering presents a once-in-a-generation opportunity to acquire the leased fee interest in one of the newest, and largest, developments to hit the Coachella Valley, The Acrisure Arena. Totaling 40.5 acres, the property sits in the heart of a planned entertainment district that will rival other national developments centered around arenas and ballparks.

* ACRISURE ARENA | Home to the AHL’s Coachella Valley Firebirds, the arena is an 11,000 seat stadium built in 2022 and cost nearly $300M to develop. The arena continuously hosts a variety of high profile concerts, standup comedians, NBA preseason games, and NCAA college basketball games.

* COACHELLA VALLEY FIREBIRDS | The Firebirds play in the American Hockey League (AHL) and are the minor league affiliate of the Seattle Kraken. The Firebird’s first season was 2022-2023 and lost in the Calder Cup 2 of their first 3 full seasons. The Firebirds had the 5th highest average AHL attendance in the 2024-2025 season, with nearly 8,000 per game (hockeydb.com).

* ENTERTAINMENT DISTRICT | The Arena sits at the heart of a newly planned Entertainment District for Coachella Valley. The synergies of Classic Club, the Arnold Palmer designed championship golf course, and the Arena, the vision for this District also consists of Research and Development (R&D) Office Park to bring new industry into the Valley, new high-end dwelling units and hotels with the vision focused on community recreation, housing, lifestyle retail, wellness and more.

* DURABLE CASH FLOW WITH INFLATIONARY HEDGE | New Ownership enjoys an in-place ground lease that spans ±46 remaining years. The lease generates an in-place net income totaling $3,641,812 in the first year and annual increases to hedge against future inflationary pressures.

* EASE OF OWNERSHIP | The NNN lease requires minimal oversight from new ownership and is a true passive investment opportunity.

WORLD-CLASS DESTINATION WITH ABUNDANT AMENITIES AND FUTURE GROWTH
* RESORT LOCATION | Situated in Palm Desert, the property benefits from proximity to luxury resorts, restaurants, golf courses, and high-end residential communities, making it a premier destination for leisure and entertainment.

* FREEWAY ACCESSIBILITY AND VISIBILITY | The site offers excellent visibility and direct access from Interstate 10, the major transportation artery connecting Southern California to Arizona, ensuring strong regional connectivity and visitor traffic.

* PALM SPRINGS INTERNATIONAL AIRPORT EXPANSION | Palm Springs International Airport (PSP) is a major economic engine for the region, generating approximately $2.5 billion in total economic output and supporting ~18,377 jobs in Fiscal Year 2024. Visitor spending tied to the airport contributed over $1.1 billion, and it also generated about $382 million in tax revenues. PSP’s ongoing expansion and modernization aims to increase capacity (forecasted 4 million passengers per year by 2027), add 14 new gates, and support future international flights — which can boost visitor traffic and business travel.

* COACHELLA VALLEY GROWTH | The Coachella Valley’s population has grown more than 26% since 2000, with compound annual growth rate of 1.65% from 2000-2024, double the growth rate for the United States as a whole. In the last decade, the Coachella Valley’s population increased by 6.8%, reaching a full-time resident population base of 455,408 (CVEP 2024 Economic Report). This is attributed to job growth, the continued rise in lodging, and employment in hospitality. As more jobs are created, in-migration will rise to fill open positions.