Former Coco's Restaurant
Retail-Commercial
for Lease
Catylist Listing ID: |
29968665 |
Property Subtypes: |
Free-Standing Building, Restaurant
|
Contiguous Space: |
5,762 SF |
Building Size (RSF): |
5,762 SF |
Gross Land Area: |
1.64 Acres
|
Lease Rate: |
$2.50 PSF (Monthly)
$30 PSF (Annual)
|
Base Monthly Rent: |
$14,405 |
Lease Types: |
NNN |
Ceiling: |
10 ft. |
Building Name: |
Former Coco's Restaurant |
Usable Size (USF): |
5,762 SF |
Last Updated: |
1/15/2021 |
Overview / Comments
Free standing former Coco's Restaurant located at the intersection of East Palm Canyon Drive and Smoke Tree Lane in south Palm Springs. High visibility and excellent parking at a signalized intersection. The building is part of the Smoke Tree Commons shopping center and is adjacent to the Smoke Tree Village shopping center. The former tenant left much FF&E in the building. Excellent opportunity for a national franchise or strong local restaurant operator.
|
Status: |
Pending |
Space Available: |
5,762 SF |
Lease Rate: |
$2.50 PSF (Monthly)
$30 PSF (Annual)
$14,405 (Monthly)
|
Lease Type: |
NNN |
Space Description: |
Former Coco's restaurant. Has most kitchen equipment, walk-ins, seating booths, tables, pastry cases. |
Space Subcategory: |
Community Center, Grocery-Anchored |
Date Available: |
5/5/2016 |
Lease Term: |
60 Months |
Space Type: |
Relet |
Offices |
1 |
Parking Spaces |
77 |
Tax Expenses |
$19,000 PSF (Annual) |
Operating Expenses |
$17,977 PSF (Annual) |
CAM Expenses |
$37,338 PSF (Annual) |
Rent Escalators |
Step-Up Lease |
Rent Escalators Description |
3% annual increases |
Rent Concession |
Negotiable |
Additional Details
Nearest MSA: |
Riverside-San Bernardino-Ontario |
County: |
Riverside |
Taxing Authority: |
Riverside County |
Tax ID/APN: |
510-020-096 |
Zoning: |
C-D-N |
Retail Clientele: |
Family, Business, Tourist |
Property Located Between: |
Smoke Tree Lane and Baristo Lane |
Property Visibility: |
Excellent |
Largest Nearby Street: |
E. Palm Canyon Drive |
Feet of Frontage: |
200 |
Traffic/Vehicle Count: |
33,374 |
Highway Access: |
East Palm Canyon Drive becomes Highway 111 just east of the subject location. |
Airports: |
Palm Springs International |
Site Description: |
SE Corner of East Palm Canyon Drive and Smoke Tree Lane. Excellent visibility, access, parking. Monument signage. Nicely landscaped property. |
Area Description: |
Focal point of retail, restaurant, banking, grocery shopping in south Palm Springs. Area includes residential, limited service hotels. E. Palm Canyon Drive connects Palm Spings to |
Tenancy: |
Single Tenant |
Total Number of Buildings: |
1 |
Number of Stories: |
1 |
Typical SF / Floor: |
5,762 SF |
Property Condition: |
Good |
Year Built: |
1984 |
Year Renovated: |
2000 |
Roof Type: |
Gable |
Construction/Siding: |
Wood Frame, Wood Siding |
Exterior Description: |
Glass, wood, brick trim. |
Total Parking Spaces: |
77 |
Parking Ratio: |
13.5 (per 1000 SF) |
Parking Type: |
Surface |
Parking Description: |
Asphalt parking lot located to the east and south sides of the building. |
Sprinklers: |
Wet |
Heat Type: |
Electricity |
Air Conditioning: |
Package Unit |
Internet Access: |
Cable |
Interior Description: |
See pictures |
Zoning Description: |
Neighborhood Commercial |
Part of Planned Development?: |
Yes |
Lot Frontage: |
200 |
Lot Depth: |
200 |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Easements: |
Ingress/Egress |
Easements Description: |
Access to Smoke Tree Commons shopping center, utilities. |
Legal Description: |
POR Lot 6 MB 014/652 SD Palm Valley Colony |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
8,909 |
40,830 |
93,537 |
Median Age: |
58.06 |
48.04 |
43.87 |
Households: |
5,320 |
19,488 |
39,319 |
Sponsoring Organization
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