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41990 Cook St
Palm Desert, CA 92211 Outlying Palm Springs

$620,000 USD

Medical Condo For Sale  •  2,318 SF

Property Details

  • Property Type Medical
  • Total Building Size 40,253 SF
  • Lot Size 2.48 AC
  • Building Class B
  • Year Built 2006
  • Tenancy Multiple
  • Zoning OP
0 Transit Score
31 Walk Score

1 Unit Available

Name Condo Use Size Price Details
2nd Floor - Unit 2005 Medical Office 2,318 SF $620,000 USD
  • Unit Size: 2,318 SF
  • Condo Use: Medical Office
  • Price: $620,000 USD
  • Sale Type: Investment
  • Price/SF: $267.47 USD
Description
Leased office condominium at central Palm Desert Business Park of the Desert.  Medical improvements in place.  Fortune 500 tenant who has been in the Premises for five years and now has exercised their first option to extend for five years, subject to a Termination  Right.  Investors opportunity to enjoy a 7% return while the tenant is in place, with upside potential to do a new lease at higher rent if tenant terminates.

Property Flyers

Amenities

  • Skylights
  • Accent Lighting
  • Central Heating
  • Reception
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Palm Springs International 21 min - 14.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Dave Rapp 760-346-2570 Lee & Associates
Dave Rapp 760-346-2570 Lee & Associates