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Investment Highlights
- Two-building commercial investment portfolio - 100% Occupied
- Potential future development opportunity on a portion of the parking parcel (buyer to verify)
- Exceptional visibility and access
- ±21,650 SF of office and retail improvements
- Signalized corner location
- Professionally maintained assets
Executive Summary
Premier Rancho Mirage Office & Retail Investment
Two-Building Portfolio with .80 Acre Land Parcel
Baxley Properties is pleased to present an exceptional opportunity to acquire a premier office and retail investment in the heart of Rancho Mirage. The offering consists of two fully occupied commercial buildings totaling approximately 21,650 square feet, plus an additional ±0.80-acre parcel currently utilized for parking.
Located on a signalized corner along one of Rancho Mirage's most prominent commercial corridors, the portfolio enjoys exceptional visibility and is surrounded by luxury automotive dealerships including Ferrari, Bentley, Rolls-Royce, Lamborghini, Audi, Land Rover and Aston Martin, as well as numerous national and regional businesses.
The portfolio is 100% occupied with a stable mix of office and retail tenants, providing immediate cash flow and long-term investment stability.
In addition to the existing improvements, the offering includes a separate ±0.80-acre parking parcel. While a portion of the parking area is required to satisfy existing parking requirements for Mirage Business Mall, preliminary analysis indicates that a portion of the parcel may offer future development or redevelopment potential, subject to buyer verification, municipal approvals, parking requirements and all applicable regulations.
Investment Highlights
•
Two-building commercial investment portfolio
•
±21,650 SF of office and retail improvements
•
Separate ±0.80-acre parking parcel included
•
Potential future development opportunity on a portion of the parking parcel (buyer to verify)
•
100% occupied
•
Stable office and retail tenant mix
•
Signalized corner location
•
Exceptional visibility and access
•
Professionally maintained assets
•
Surrounded by premier luxury automobile dealerships and high-end commercial development
•
Rare opportunity to acquire one of Rancho Mirage's premier commercial investment opportunities
This offering combines stable in-place income with the long-term benefit of owning excess land in one of the Coachella Valley's most desirable commercial locations.
Two-Building Portfolio with .80 Acre Land Parcel
Baxley Properties is pleased to present an exceptional opportunity to acquire a premier office and retail investment in the heart of Rancho Mirage. The offering consists of two fully occupied commercial buildings totaling approximately 21,650 square feet, plus an additional ±0.80-acre parcel currently utilized for parking.
Located on a signalized corner along one of Rancho Mirage's most prominent commercial corridors, the portfolio enjoys exceptional visibility and is surrounded by luxury automotive dealerships including Ferrari, Bentley, Rolls-Royce, Lamborghini, Audi, Land Rover and Aston Martin, as well as numerous national and regional businesses.
The portfolio is 100% occupied with a stable mix of office and retail tenants, providing immediate cash flow and long-term investment stability.
In addition to the existing improvements, the offering includes a separate ±0.80-acre parking parcel. While a portion of the parking area is required to satisfy existing parking requirements for Mirage Business Mall, preliminary analysis indicates that a portion of the parcel may offer future development or redevelopment potential, subject to buyer verification, municipal approvals, parking requirements and all applicable regulations.
Investment Highlights
•
Two-building commercial investment portfolio
•
±21,650 SF of office and retail improvements
•
Separate ±0.80-acre parking parcel included
•
Potential future development opportunity on a portion of the parking parcel (buyer to verify)
•
100% occupied
•
Stable office and retail tenant mix
•
Signalized corner location
•
Exceptional visibility and access
•
Professionally maintained assets
•
Surrounded by premier luxury automobile dealerships and high-end commercial development
•
Rare opportunity to acquire one of Rancho Mirage's premier commercial investment opportunities
This offering combines stable in-place income with the long-term benefit of owning excess land in one of the Coachella Valley's most desirable commercial locations.
Property Facts
| Price | $4,875,000 | Number of Properties | 3 |
| Price / SF | $225.17 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 21,650 SF |
| Status | Active | Total Land Area | 2.21 AC |
| Price | $4,875,000 |
| Price / SF | $225.17 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 21,650 SF |
| Total Land Area | 2.21 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Parking Lot
Parcel Land, Rancho Mirage, CA 92270 |
Land | 0.79 AC | - | - |
| 71511 Highway 111, Rancho Mirage, CA 92270 | Office | 12,900 SF | 1989 | - |
| 71537 Highway 111, Rancho Mirage, CA 92270 | Office | 8,750 SF | 1978 | - |
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