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36167 Date Palm Dr
Cathedral City, CA 92234 Outlying Palm Springs

$1,534,000 USD

Auto Repair For Sale  •  3,500 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 3,500 SF
  • Lot Size 0.7 AC
  • Building Class B
  • Year Built 2004
  • Tenancy Single
  • Zoning CPS, Catherdral City
0 Transit Score
61 Walk Score

Highlights

Listed for $1,534,000: Yielding a 6.00% cap rate, delivering strong immediate cash-on-cash returns for net lease investors.
Recent Lease Extension: Demonstrates tenant commitment to the location and long-term operational stability.
Team Car Care – Largest Jiffy Lube Operator: Team Car Care is the largest Jiffy Lube operator in the country with 400+ locations, providing institutio
Annual Rent Increases: Built-in escalations help hedge against inflation and support predictable cash flow growth.
Rapidly Growing Area: ±10.1% annual population increase in a 1-mile radius, driving sustained demand for essential auto services.
Absolute NNN Lease: True absolute NNN structure with zero landlord responsibilities—ideal for passive, hands-off ownership.

Amenities

  • Pylon Sign
  • Signage

Public Transportation

AirportDriveWalkDistance
Palm Springs International 11 min - 5.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Surface
Included in Rent: Yes
Jack Kulick 760-642-9942 Matthews Real Estate Investment Services
Jack Kulick 760-642-9942 Matthews Real Estate Investment Services