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74225 Highway 111
Palm Desert, CA 92260 South Palm Desert

$14,625 USD/MO

Restaurant For Lease  •  7,500 SF

Property Details

  • Property Type Restaurant
  • Year Built 2023
  • Total Building Size 16,032 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning D
0 Transit Score
66 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste B Retail 7,500 SF $23.40 USD/SF/YR
Turnkey High-End Restaurant for Lease – El Paseo, Palm Desert
±7,500 SF fully built-out restaurant space with FF&E included, located in the prestigious One El Paseo Plaza. Features 1,700 SF of rent-free patio space, seating for 374 (indoor/outdoor), and prominent signage along Highway 111. Positioned in Palm Desert’s luxury retail and dining corridor, surrounded by Fortune 500 tenants including Wells Fargo, Morgan Stanley, and RBC Wealth. Offered at $1.95/SF NNN – ready for immediate occupancy.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Restaurants And Cafes
  • Space Type: Relet

Description

One El Paseo Plaza is a premier Class A mixed-use complex located at the high-visibility intersection of Highway 111 and El Paseo Drive in Palm Desert. The property features two luxury office buildings totaling 75,000 SF, surrounded by upscale landscaping, fire pits, and premium architectural finishes. Anchored by prominent tenants such as Morgan Stanley, Wells Fargo, RBC Wealth Management, Compass, and Shogun Japanese Restaurant, the plaza offers a dynamic blend of office and dining experiences.

Now available for lease is Suite B, a ±7,500 SF fully built-out, turnkey restaurant space with FF&E included. This space also offers 1,700 SF of rent-free outdoor patio seating, monument signage, and an unmatched presence along El Paseo. It represents a rare opportunity for a restaurateur to join an elite tenant mix in one of the Coachella Valley’s most recognized destinations.

Highlights

Premier Class A mixed-use property at the intersection of El Paseo Drive & Highway 111
Home to national and regional tenants including Wells Fargo, Morgan Stanley, RBC Wealth, Compass, and Shogun Japanese Restaurant
High-end architectural design with lush landscaping, fire pits, and abundant parking (320 spaces with valet service)
±7,500 SF turnkey restaurant space now available for lease (Suite B), fully built-out with FF&E
Positioned in the heart of Palm Desert’s luxury shopping and dining corridor
Excellent signage visibility on Highway 111, with over 63,000 vehicles per day

Property Flyers

Amenities

  • Restaurant

Major Tenants

Tenant SF Occupied Lease End Date
Shogun 6/30/2029

Public Transportation

AirportDriveWalkDistance
Palm Springs International 23 min - 12.7 mi
Michael Lyle 760-774-6533 Coldwell Banker Commercial Lyle & Associates
Michael Lyle 760-774-6533 Coldwell Banker Commercial Lyle & Associates