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74-700 Highway 111
Palm Desert, CA 92260 Coachella Valley

$12,991 USD/MO

Hotel For Lease  •  8,019 SF

Property Details

  • Property Type Hotel
  • Year Built 1984
  • Total Building Size 144,431 SF
  • Building Class B
  • Zoning PC4NS
30 Transit Score
50 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 8,019 SF $19.44 USD/SF/YR
The space comes with all Furniture, Fixtures, and Equipment (FF&E), ready for immediate operation. A 6,500 sq ft banquet room above the restaurant, perfect for private events and gatherings is available on an as needed basis at 8% percentage rent per event. Outstanding highly visible signage facing Highway 111, directly above main entrance to restaurant. $13,000 per month with significant income potential.

  • Date available: Now
  • Lease term: 7 - 10 Years
  • Service type: Modified Gross
  • Built out as: Restaurants And Cafes
  • Space Type: Relet

Description

Transform your restaurant vision into reality with this exceptional ±8,019 SF opportunity positioned for immediate success in Palm Desert's thriving hospitality corridor. You'll capture consistent customer flow from the high-visibility Highway 111 frontage while benefiting from the built-in guest base of the adjoining 201-room Embassy Suites by Hilton.

This strategic location delivers multiple revenue streams that will accelerate your profitability. With 40,097 annual occupied room nights generating steady foot traffic, you'll minimize marketing costs while maximizing daily sales potential. The hotel's upcoming $14M Hilton-approved renovation completing in 2027 will elevate the entire property's appeal, driving increased guest spending and premium positioning in the market.

You'll tap into lucrative group dining and catering opportunities through the property's expansive 15,017 SF of meeting and event space. Corporate meetings, weddings, and special events will provide high-margin revenue beyond traditional restaurant operations, creating predictable income streams that enhance your bottom line.

The unique amenity of 21 pickleball courts with planned expansion positions you at the forefront of America's fastest-growing sport trend. This differentiator will attract active lifestyle enthusiasts and tournament groups, extending your customer base beyond typical hotel guests while creating opportunities for specialized dining packages and extended stays.

Palm Desert's affluent demographic and year-round tourism ensure consistent demand, while the established Embassy Suites brand recognition provides instant credibility and trust with customers. You'll benefit from reduced operational risks typically associated with standalone restaurants, as the integrated hotel relationship offers built-in marketing support and customer acquisition.

This turnkey opportunity eliminates the uncertainty of location selection and customer development, allowing you to focus on menu innovation and service excellence while the established infrastructure drives your success from day one.

Highlights

Attached to a 201-room hotel including 21 pickleball courts and large pool/bar, providing a built-in customer base and additional foot traffic.
Potential for pool/bar and pickleball courts food & beverage service on the property, greatly enhancing the revenue opportunity.
This property is ideal for restaurateurs looking to capitalize on a high-traffic location with diverse revenue streams.

Property Flyers

Amenities

  • Fitness Center
  • Pool
  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Tennis
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub
  • Digital key

Public Transportation

AirportDriveWalkDistance
Palm Springs International 24 min - 13.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 283
Type: Surface
Included in Rent: Yes
Michael Lyle 760-774-6533 Coldwell Banker Commercial Lyle & Associates
Michael Lyle 760-774-6533 Coldwell Banker Commercial Lyle & Associates