72996 El Paseo
Retail-Commercial
for Sale
| Catylist Listing ID: |
30708615 |
| Property Subtypes: |
Retail-Pad
|
| Building Size (RSF): |
9,600 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$4,800,000 |
| Unit Price: |
$500 PSF |
| Property Use Type: |
Net Leased Investment (NNN), Investment, Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/11/2021 |
Overview / Comments
|
Located on the signalized corner of Hwy 111 and Hwy 74, with El Paseo at the South corner of the shopping complex, this is the best location in Palm Desert. The unique, eye catching architecture, amazing signage and high traffic make this property an incredible opportunity for an investor or owner/user.
|
Additional Details
| Nearest MSA: |
Riverside-San Bernardino-Ontario |
| County: |
Riverside |
| Tax ID/APN: |
640-170-009 |
| Zoning: |
C-1 |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
9,600 SF |
| Property Condition: |
Excellent |
| Year Built: |
1980 |
| Total Parking Spaces: |
40 |
| Parking Type: |
Surface |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
10,672 |
36,165 |
85,495 |
| Median Age: |
42.96 |
50.63 |
51.39 |
| Households: |
4,702 |
17,149 |
40,074 |
Sponsoring Organization
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