Retail/Office For Lease on Hwy 111

Retail-Commercial for Lease
Catylist Listing ID: 30347925
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub
Contiguous Space: 4,173 SF
Building Size (RSF): 4,173 SF
Gross Land Area: 0.40 Acres
Lease Rate: $1.70 - 1.90 PSF (Monthly)
$20.40 - 22.80 PSF (Annual)
Base Monthly Rent: $7,094 - 7,928
Lease Types: Modified Gross
Usable Size (USF): 4,173 SF
Last Updated: 11/5/2018

Overview / Comments

THE SUBJECT PROPERTY IS SUITABLE FOR MANY OFFICE AND RETAIL USES. THE FREESTANDING BUILDING HAS A VARIETY OF ARCHITECTURAL UPGRADES AND INTEREST-GRABBING FEATURES. THIS SINGLE-STORY MODERN DESIGNED BUILDING IS WELL MAINTAINED WITH EXCELLENT HWY 111 FRONTAGE AND ABUNDANT STREET-SIDE PARKING. IT SITS ACROSS THE STREET FROM THE WORLD RENOWN EL PASEO SHOPPING DISTRICT. THE LOCATION HAS DENSE TRAFFIC COUNTS ... OVER 40,000 CARS DAILY. SITUATED IN THE MIDDLE OF THE COACHELLA VALLEY ALONG HWY 111, IT IS AN EASY DRIVE TO EITHER PALM SPRINGS OR LA QUINTA.

Expand All Available Space

Suite: 1 4,173 SF $1.70 - 1.90 PSF (Monthly) Modified Gross
Space Available: 4,173 SF
Lease Rate: $1.70 - 1.90 PSF (Monthly)
$20.40 - 22.80 PSF (Annual)
$7,094 - 7,928 (Monthly)
Lease Type: Modified Gross
Date Available: 11/5/2018
Space Type: Relet
Parking Spaces 11
CAM Expenses $0.01 PSF (Annual)

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 625-084-007
Zoning: DOWNTOWN COMMERCIAL
Property Located Between: PORTOLA AND DEEP CANYON ALONG HWY 111 PALM DESERT
Property Visibility: Excellent
Largest Nearby Street: HWY 111 AND EL PASEO
Traffic/Vehicle Count: 40,000
Highway Access: IMMEDIATE HWY 111 ACCESS AND TO ALL MAJOR STATE AND INTERSTATE HIGHWAY SYSTEMS.
Airports: 25 MINUTES TO PALM SPRINGS INTERNATIONAL AIRPORT
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,173 SF
Property Condition: Excellent
Year Built: 1955
Total Parking Spaces: 11
Parking Ratio: 2.7 (per 1000 SF)
Parking Type: Surface
Parking Description: PROPERTY HAS 11-PARKING STALLS FOR EXCLUSIVE USE PLUS ABUNDANT STREET-SIDE PARKING.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,268 42,489 99,134
Median Age: 43.25 51.81 51.99
Households: 6,546 20,457 46,725

Contact

Photograph of Listing Agent

Lynn Coker

NAI Capital
DACIE Member

Sponsoring Organization

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