For Immediate Sale or Lease

Retail-Commercial for Sale
Catylist Listing ID: 30505416
Property Subtypes: Restaurant, Other
Building Size (RSF): 10,909 SF
Gross Building Area: See Agent
Gross Land Area: 1.39 Acres
Sale Price: $3,950,000
Unit Price: $362.09 PSF
Property Use Type: Business
Building Name: Wally's Desert Turtle
Sale Terms: Cash to Seller, Owner Financing, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 9/25/2019

Overview / Comments

Wally's Desert Turtle is the recipient of the Open Table Best Overall, Mobile Four Star, AAA Four Diamond, and many other Awards. Now in it's 41st year, this storied restaurant is lauded for its organic, locally sourced fare prepared by renowned Executive Chef Pascal Lallemand, nightly live music, and long standing patronage of Celebrities, U.S. Presidents, Foreign Dignitaries, and devoted locals.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 684254013
Retail Clientele: General
Property Located Between: Hwy 111, Rancho Mirage Ln. and Rancho Las Palmas Dr.
Property Visibility: Excellent
Largest Nearby Street: Hwy 111
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1978
Year Renovated: 2010
Construction/Siding: Stucco
Total Parking Spaces: 63
Parking Type: Surface
Parking Description: Can be expanded by incorporating contiguous land owned by seller (see map).
Zoning Description: C-G (General Commercial)
Lot Frontage: 770'
Lot Depth: 280'
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,640 43,578 89,094
Median Age: 60.16 53.03 51.26
Households: 1,417 21,282 41,534


Photograph of Listing Agent

John L. Cover

John L. Cover DACIE Member

Sponsoring Organization

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