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78010 Country Club Dr
Palm Desert, CA 92211
Country Club Shops / 7.5% Cap Rate · Retail Property For Sale
Investment Highlights
- Excellent Freeway On/Off Ramp Location - Highly Trafficked Site
- Strong Scheduled Rental Increases Throughout Lease Terms - Current Cap Rate is 7.5% and is scheduled to increase to 9.45% by 2027
- Affluent / Strong Demographics in the Trade Area - Average Household Income is over $104,000 within a 5-mile radius
- The Property Features a Rare Cannabis License & Alcohol License
- Strong Sales / Low Rent-to-Sales Ratio / Highly Rated Tenants / Successful Proven Location
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,948 SF
Building Class
B
Year Built
2007
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.66 AC
Zoning
CPS
Parking
40 Spaces (5.76 Spaces per 1,000 SF Leased)
Frontage
294’ on Country Club Dr
Property Taxes
| Parcel Number | 748-380-018 | Improvements Assessment | $1,505,268 |
| Land Assessment | $550,899 | Total Assessment | $2,056,167 |
Property Taxes
Parcel Number
748-380-018
Land Assessment
$550,899
Improvements Assessment
$1,505,268
Total Assessment
$2,056,167
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