Great Fast Food / Retail Location on E. Palm Canyon Dr.

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30185173
Property Subtypes: Hospitality, Retail, Retail-Pad, Other
Status: Pending/Contingent
Gross Land Area: 1.89 Acres
Sale Price: $1,900,000
Unit Price: $1,005,291 Per Acre
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 6/13/2018

Overview / Comments

Location! Location! Location!

Excellent Visability in a booming area. Cathedral City Commercial is growing. Many new businesses are calling this stretch of Highway Home including The New Agua Caliente Resort Casino. Not many pieces of Land left.

Frontage on US Highway 111 (67501 East Palm Canyon Drive) at the Gateway to Cathedral City. 2 Acres with 2 separate parcels across the street from Trader Joe's, Target and Eisenhower Urgent Care, and Starbucks.

Here is a list of Local Restaurants in the Cathedral City area and their radius to the subject property:

Subway - 0.1 miles, 2.3 miles, 3.9 miles and 6.6 miles
McDonald's - 0.2 miles, 5.8 miles and 7.4 miles
Taco Bell - 1.2 miles, 4.3 miles and 5.9 miles
Jack in the Box - 2.5 miles, 3.7 miles and 4.4 miles
Carl's Jr. - 3.7 miles, 4.2 miles and 7.6 miles
Del Taco - 0.4 miles, 4.2 miles and 9.1 miles
Winchell's - 3.0 miles
Denny's 1.8 miles and 6.5 miles
Boy's Hamburgers - 2.6 miles
Panera Bread - 2.9 miles
Panda Express - 3.4 miles and 3.8 miles
Burger King - 3.7 miles
Sonic Drive-in - 4.1 miles

Not only is this an already established area, there are also new businesses coming in to join the highly traveled E. Palm Canyon thoroughfare such as a new casino that is establishing their business just down the street from this location.

An existing building has been torn down and one wall has been left standing for a quick remodel project or start from scratch. Commercially Zoned property which allows for many different uses.

This property is Zoned PCC Planned Community Commercial District and PLC Planned Limited Commercial District.

Incredible location with frontage on US Highway 111 at the Gateway to Cathedral City.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 681300027 and 681300026
Zoning: COMMERCIAL
Property Visibility: Excellent
Available Utilities: Electric
Water Service: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,332 57,757 103,087
Median Age: 57.49 42.38 45.91
Households: 2,447 22,781 44,242

Contact

Photograph of Listing Agent

Nicole Linares

My Desert Realty, Inc.
DACIE Member

Sponsoring Organization

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