Rancho Mirage Office Building with Additional 2.8 ac Expansion Parcel

Office for Sale
Catylist Listing ID: 29999462
Property Subtypes: Medical, Office Building
Building Size (RSF): 24,383 SF
Gross Building Area: See Agent
Gross Land Area: 4.79 Acres
Sale Price: $6,850,000
Unit Price: $280.93 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/13/2018

Overview / Comments

24,383 sf class "A" office building, previously operated as a state-of-the-art medical research facility. Building consists of multiple offices, research lab area, conference room, classroom, library, exercise room, breakroom, elevator and restrooms. The square footage includes a 9,024 sf basement which was previously used as the surgery room. Prominent location on Bob Hope Drive between Dinah Shore and Gerald Ford Drive in prestigious Rancho Mirage. Located at the hard corner of Bob Hope Drive and Ginger Rogers Road with a signalized intersection. Just 2 miles from Eisenhower Medical Center. The building is situated on a total of 4.79 acres, 1.98 ac of which has been developed and 2.81 acres for future expansion.

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Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 685-100-020
Zoning: OFFICE
Property Located Between: Dinah Shore & Gerald Ford
Property Visibility: Excellent
Highway Access: Easy access to Interstate 10 via Bob Hope Drive
Airports: Close proximity to Palm Springs International Airport (Less than 8 miles)
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 2005
Roof Type: Flat
Parking Type: Surface
Parking Description: Additional Parking may be added on to excess land
Total Parking Spaces: 50
Passenger Elevators: 2
Heat Source: Central
Internet Access: Cable, T1/T3
Zoning Description: Office
Lot Frontage: Approx 597 ft on Bob Hope
Lot Depth: Approx 350 ft
Water Service: Municipal
Sewer Type: Municipal

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