Modern, Fully Furnished Restaurant For Lease

Retail-Commercial for Lease
Catylist Listing ID: 30497392
Property Subtypes: Restaurant
Contiguous Space: 7,500 SF
Gross Building Area: See Agent
Lease Rate: $1.75 PSF (Monthly)
$21 PSF (Annual)
Base Monthly Rent: $13,125
Lease Types: NNN
Building Name: One El Paseo Plaza - Restaurant Pavilion
Last Updated: 9/21/2020

Overview / Comments

A great opportunity to be part of the quality restaurants along El Paseo Drive in Palm Desert’s finest Shopping District. One El Paseo Plaza’s Restaurant Pavilion has completed a fabulous remodel. The building now presents a new look that will treat guests with an unforgettable dining experience. One El Paseo Plaza is known for its modern flair, spacious outside patio areas, fire pits, intimate lighting, beautiful architectural details, and many more amenities. One El Paseo Plaza is located right on the corner of El Paseo Drive and Highway 111 and the Pavilion is nestled in between the two luxurious Class A office buildings which are comprised of more than 75,000 S/F and occupied by several Fortune 500 companies. The Restaurant Pavilion currently has one restaurant suite of approximately 7500 S/F that can be leased. The Pavilion has excellent visibility for the building and monument signage right on Highway 111.

Expand All Available Space

Suite: Restaurant Suite B 7,500 SF $1.75 PSF (Monthly) NNN
Space Available: 7,500 SF
Lease Rate: $1.75 PSF (Monthly)
$21 PSF (Annual)
$13,125 (Monthly)
Lease Type: NNN
Date Available: 9/1/2019
Space Type: New
CAM Expenses $0.67 PSF (Annual)

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 625112019
Zoning: C
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Located Between: On the Corner of Highway 111 and El Paseo Drive
Property Visibility: Excellent
Largest Nearby Street: El Paseo Drive
Traffic/Vehicle Count: 63,100
Highway Access: Right on Highway 111
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1952
Year Renovated: 2014
Total Parking Spaces: 320
Parking Type: Surface
Parking Description: 320 total spaces. 5 spaces per 1,000 square feet. Valet Parking available. All parking available for restaurant after 5:00 pm and on weekends. Covered Parking Available.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,268 42,489 99,808
Median Age: 43.25 51.81 51.99
Households: 6,546 20,457 47,122

Contact

Photograph of Listing Agent

Samuel Rasmussen

Ocean Properties Development
DACIE Member

Sponsoring Organization

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