Bump & Grind Plaza

Retail-Commercial for Sale
Catylist Listing ID: 30707088
Property Subtypes: Mixed Use, Restaurant, Retail-Pad, Tavern/Bar/Nightclub
Building Size (RSF): 16,008 SF
Gross Building Area: See Agent
Sale Price: $3,350,000
Unit Price: $209.27 PSF
Property Use Type: Net Leased Investment (NNN), Business
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 3/4/2021

Overview / Comments

Repositioned Retail shopping center in the heat of Central Palm Desert.​ At the second highest trafficked intersection in the Coachella Valley.​ This building has new tenants open and built out including Monsoon Indian Cuisine, Strength Code Fitness, Center, Palm Desert Tattoo, and Barking Beauties Pet Grooming.​ Plans for a facade enhancement have been approved with City of Palm Desert and will begin in 90 days.​ Perfect for a 1031 exchange with upside.​ Call for an amazing opportunity.​

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Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 640020054
Zoning: PC4
Tenancy: Multiple Tenants
Year Built: 1986
Total Parking Spaces: 80
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,713 39,308 76,901
Median Age: 53.98 52.64 54.53
Households: 867 19,146 37,967

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