Business Park of the Desert

Office for Lease
Catylist Listing ID: 30633540
Property Subtypes: Medical
Contiguous Space: 2,200 SF
Building Size (RSF): 3,440 SF
Lease Rate: $1.50 - 1.75 PSF (Monthly)
$18 - 21 PSF (Annual)
Base Monthly Rent: $3,300 - 3,850
Lease Types: Modified Gross
Ceiling: 11 ft.
Building Name: Business Park of the Desert
Usable Size (USF): 2,200 SF
Last Updated: 1/18/2021

Overview / Comments

This is a UNIQUE OPPORTUNITY to share existing, high quality, built out medical office space in the Desert Business Park development on Cook Street in Palm Desert. The tenant would have the exclusive use office and exam rooms totaling approximately 2,200 s.f. of space, plus have the joint use of common area features such as the reception area, hallways, restrooms, staff lounge, etc. with the building owner's medical practice. The lease would be a modified gross lease with the tenant sharing utility expenses.

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Expand All Available Space

Suite: B202 2,200 SF $1.50 - 1.75 PSF (Monthly) Modified Gross
Level/Floor: 1
Space Available: 2,200 SF
Lease Rate: $1.50 - 1.75 PSF (Monthly)
$18 - 21 PSF (Annual)
$3,300 - 3,850 (Monthly)
Lease Type: Modified Gross
Space Description: This is a unique opportunity to share existing, high quality, built out medical office space in the Desert Business Park development on Cook Street in Palm Desert. The tenant would have the exclusive use office and exam rooms totaling approximately 2,200 s.f. of space, plus have the joint use of common area features such as the reception area, hallways, restrooms, staff lounge, etc. with the building owner's medical practice. The lease would be a modified gross lease with the tenant sharing utility expenses.
The tenant will need to be a medical practice that is compatible (not competitive) with the owner's Cool Sculpting medical practice. Rent will be based on 2,200 s.f. of space.
Space Subcategory: Medical, Business Park
Date Available: 6/28/2020
Lease Term: 36 Months
Space Type: Relet
Conference Rooms: 4
Offices 1
CAM Expenses $0 PSF (Annual)
Rent Escalators Description 2.5% annually
Rent Concession None
Tenant Improvements Allowance $0
Moving Allowance $0
Lease Buyout Allowance $0

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Taxing Authority: Riverside County
Tax ID/APN: 632-411-043
Zoning: O.P. (OFFICE PROFESSIONAL)
Property Located Between: Hovley & Country Club
Property Visibility: Good
Area Description: The subject building is located in the Business Park of the Desert, which is located on the NE corner of Cook Street and Hovley Lane East. Close to residential development, medical and professional offices, Desert Springs Marketplace, JW Marriott Desert Springs Resort, banks, and restaurants.
Year Built: 2006
Parking Ratio: 4 (per 1000 SF)
Parking Description: Surface parking, asphalt.
Total Parking Spaces: 10
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Package Unit
Internet Access: Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,656 50,261 104,389
Median Age: 52.02 51.45 52.27
Households: 3,171 24,232 48,947

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