5,528 SF Retail Building for Sale or Lease

Retail-Commercial for Sale
Catylist Listing ID: 30762830
Property Subtypes: Free-Standing Building
Building Size (RSF): 5,528 SF
Gross Building Area: See Agent
Sale Price: $1,950,000
Unit Price: $352.75 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 9/30/2021

Overview / Comments

Baxley Properties, Inc., is pleased to announce the opportunity to sell or lease
74111-74115 Highway 111, Palm Desert, CA 92260. Beautiful Retail building with
outstanding exposure on the south (high-end) side of Highway 111, which consists of 2 units (1,858 SF) and (3,670 SF).

Please note: Owner is currently occupying suite (74111 Hwy 111) and can be out within 30 days of close of escrow or can lease-back for 3-6 months until new buyer finds new tenants. Call listing agent to discuss details.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 625-111-009
Zoning: C1SP
Year Built: 1963
Total Parking Spaces: 12

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,268 42,489 98,298
Median Age: 43.25 51.81 51.85
Households: 6,546 20,457 46,297

Contact

Photograph of Listing Agent

Matthew Longstreth

Baxley Properties
DACIE Member
Photograph of Listing Agent

John Marshall

Baxley Properties Not a member of DACIE

Sponsoring Organization

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