30025 Date Palm - Former ACE Hardware

Retail-Commercial for Sale
Catylist Listing ID: 30634262
Property Subtypes: Free-Standing Building, Retail-Pad, Street Retail
Building Status: Proposed
Building Size (RSF): 14,000 SF
Gross Building Area: See Agent
Gross Land Area: 1.50 Acres
Sale Price: $1,680,000
Unit Price: $120 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/24/2020

Overview / Comments

Kidder Mathews is pleased to offer for sale this freestanding, single-tenant retail building which is centrally located in the Coachella Valley community of Cathedral City, California. Built in 2009, the quality-constructed, LEED certified, single-story REO asset is situated on a large 1.5-acre site and offers abundant 5:1,000 parking, one (1) dock-hi loading station and drive-around truck access. In addition to its 18’-20’ clear-height, interior build-out features two (2) large restrooms, a full-service breakroom/kitchenette, server/security camera room and a large executive office.

Originally constructed as a design-build for grocer Fresh & Easy and most recently occupied by ACE Hardware, the property is currently vacant and in condition for immediate occupancy. Situated along Date Palm Drive and offering excellent visibility with over 300’ of frontage, site is just 1-mile south of Interstate 10 and 2-miles east of Palm Springs International Airport. Traffic counts at this intersection average 19,000 VPD, making this one of the busiest intersections in the city and site location benefits from the draw & synergy associated with the adjacent Walgreens Drug Store located at the signalized corner of Date Palm Drive and 30th Ave.

Attachments & Media

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 678-160-021
Zoning: PLANNED COMMUNITY COMMERCIAL
Property Visibility: Excellent
Largest Nearby Street: 30th and Date Palm
Traffic/Vehicle Count: 19,000
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 2009
Year Renovated: 2018
Total Parking Spaces: 79
Zoning Description: PCC - Contact city for more details

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,243 51,821 112,230
Median Age: 33.11 38.37 45.33
Households: 5,455 17,884 47,140

Contact

Photograph of Listing Agent

Josh Cunningham

Kidder Mathews DACIE Member

Sponsoring Organization

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