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73951-73995 El Paseo
Palm Desert, CA 92260 South Palm Desert

$7,500,000 USD

Storefront For Sale  •  23,939 SF

Property Details

  • Property Type Storefront
  • Total Building Size 23,939 SF
  • Lot Size 1.61 AC
  • Building Class C
  • Year Built 1970
  • Cap Rate 7.80 %
  • Tenancy Multiple
  • Zoning C1, Palm Desert
0 Transit Score
86 Walk Score

Highlights

on Famous El Paseo , and Portola, most traffic on El Paseo.One APN with 4 lots , plenty of space to build additional ,parking lot in the back .

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $598,559 USD (2025)
Cap Rate: 7.80 %
Total Expenses: $97,441 USD

Major Tenants

Tenant SF Occupied Lease End Date
Mitch`s Restaurant 10,000 SF

Amenities

  • 24 Hour Access
  • Corner Lot
  • Fenced Lot
  • Restaurant
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Drive Thru
  • Wheelchair Accessible
  • Roof Terrace
  • Storage Space
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Palm Springs International 23 min - 12.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Selina Ochoa 760-541-4800 Windermere Real Estate
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