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1201 Bird Center Dr
Palm Springs, CA 92262 Outlying Palm Springs

$6,428,000 USD

Office For Sale  •  14,832 SF

Property Details

  • Property Type Office
  • Total Building Size 15,704 SF
  • Lot Size 2.97 AC
  • Building Class B
  • Year Built 2008
  • Cap Rate 6.50 %
  • Tenancy Single
  • Zoning CPD
30 Transit Score
23 Walk Score

Highlights

The subject property is a build-to-suit government facility located two miles from downtown Palm Springs, a high-barrier-to-entry market
Lease is guaranteed by the United States Government, which holds an AA+ credit rating (S&P) and generated tax revenues exceeding $4.92 trillion
BLM invested approximately $1.5 million between 2020-2022, including interior upgrades to the insulation, drywall, acoustic ceilings, flooring & more
Tenant is currently in discussions for an additional 5-year lease extension, demonstrating a strong continued commitment to this strategic location

Property Flyers

Cap Rate: 6.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Bureau of Land Management

Amenities

  • Controlled Access
  • Courtyard
  • Fenced Lot
  • Security System
  • Signage
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
14 min - 6.8 mi
AirportDriveWalkDistance
Palm Springs International 3 min - 0.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 31
Type: Surface
Included in Rent: Yes
David Kram 415-509-6276 CP Partners CRE
David Kram 415-509-6276 CP Partners CRE