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73625 Highway 111
Palm Desert, CA 92260 South Palm Desert

$6,950,000 USD

Storefront Retail Office For Sale  •  21,783 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 21,783 SF
  • Lot Size 0.92 AC
  • Building Class C
  • Year Built 1952
  • Tenancy Multiple
  • Zoning D
30 Transit Score
60 Walk Score

Highlights

Year 1 cap rate 7.18%
Diversified tenant mix
Keedy's Fountain & Grill, the anchor tenant and a Palm Desert institution since 1957 has executed a new 5-year lease renewal running through June 2031
An elevated experience awaits at El Paseo home to upscale restaurants, designer fashion, art galleries, interior design showrooms & specialty services
48,585 cars per day along Highway 111

Amenities

  • Bus Line
  • Corner Lot
  • Freeway Visibility
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Palm Springs International 23 min - 12.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 66
Type: Surface
Included in Rent: Yes
Josh Salik 858-414-1210 Voit Real Estate Services
Josh Salik 858-414-1210 Voit Real Estate Services