Super neighborhood shopping center anchored by Jensen's Market, Petco, Walgreens, Michaels, TJ Maxx, Cost Plus World Market, Big 5 Sporting Goods. Pad tenants include McDonald's, Wells Fargo Bank, Chase Bank, Chipotle, Sublicious, and Studio M Salon. Prime pad suites are still available.
Endcap of a pad bulding located at the main, signalized entrance to the shopping center. Space is currently in a gray shell condition. Landlord will bring up to a vanilla shell condition and provide some TI funds. Patio area is adjacent to the suite. High visibility location. Signage available facing E. Palm Canyon Dr.
Gray shell space located in a multi-tenant pad at the main signalized entrance to the shopping center. Subject suite is between Studio M Salon & Spa and Sublicious. Signage available facing E. Palm Canyon Drive.
Space Subcategory:
Neighborhood Center, Grocery-Anchored
Date Available:
12/15/2011
Lease Term:
60 Months
Space Type:
New
Parking Spaces
70
Tax Expenses
$4.53 PSF (Annual)
Operating Expenses
$0.22 PSF (Annual)
CAM Expenses
$3.19 PSF (Annual)
Rent Escalators
Step-Up Lease
Rent Escalators Description
Greater of CPI or 3%
Rent Concession
Negotiable
Additional Details
Nearest MSA:
Riverside-San Bernardino-Ontario
County:
Riverside
Taxing Authority:
Riverside County, CA
Tax ID/APN:
510-020-081-3; 510-020-082-4
Zoning:
NEIGHBORHOOD SHOPPING CENTER
Market Type:
Small
Retail Clientele:
General, Tourist
Property Located Between:
Sunrise Way and Barona
Side of Street:
South
Road Type:
Paved
Property Visibility:
Excellent
Largest Nearby Street:
Sunrise Drive
Transportation:
Highway
Highway Access:
I-10 located 5 miles north. CA Hwy. 111 located 1/2 mile east.
Airports:
Palm Springs International
Site Description:
Prominent shopping center located on E. Palm Canyon Drive at Barona Dr. Center has signalized main entrance.
Area Description:
Affluent south Palm Springs area with a mix of older, established single family residences, apartments, and limited service hotels all in close proximity.
Tenancy:
Multiple Tenants
Total Number of Buildings:
2
Number of Stories:
1
Typical SF / Floor:
8,000 SF
Property Condition:
Excellent
Year Built:
2008
Roof Type:
Flat
Construction/Siding:
Steel Frame
Exterior Description:
Desert Modern Architecture, thanks to the city of Palm Springs.
Total Parking Spaces:
500
Parking Ratio:
5 (per 1000 SF)
Parking Type:
Surface
Parking Description:
Asphalt parking lot surface. Landscaped islands throughout the parking lot. Desert Landscaping.
Sprinklers:
Wet
Heat Type:
Electricity
Heat Source:
Ceiling Units
Air Conditioning:
Engineered System
Internet Access:
Cable
Interior Description:
Suites 1205A, 1005, and 1020 are in a shell condition. Suite 1105 has many improvements left by former tenant.
Zoning Description:
Neighborhood shopping center
Lot Frontage:
1,200
Lot Depth:
900
Easements:
Utilities
Easements Description:
Some use restrictions contained in leases of existing tenants. Check with Listing Agents for particulars.
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