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68051 Ramon Road - Palm Springs Lane - Palm Springs Lanes Bowling Center, Cathedral City, CA

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68051 Ramon Road - Palm Springs Lane - Palm Springs Lanes Bowling Center

SWC of Ramon Rd. & Candlewood Dr.
Cathedral City, CA 92234-3320 - Coachella Valley Submarket


Property Type:Retail Sub Type:Bowling Alley Status:Existing , Renov January 2005 Year Built:1980
Building Size:25,000 SF Land Area:.58 AC (25,265 SF)
For Sale Price:$6,588,000 Price/SF:$263.52
Cap Rate:8.50 %
Parking:Free Surface spaces are available; Ratio of 7.24/1,000 SF
Features:Food Court, Pylon Sign, Signage


Palm Springs Lanes Bowling Center. $300,000 gross/net, 28 lanes, snack bar, sports bar, pro shop, lockers, video arcade, automatic score keepers, 7% cap, 20 yrs remaining on lease.

APN 680-190-014

Sale Notes:
PALM SPRINGS LANES | CATHEDRAL CITY, CA INVESTMENT OVERVIEW
1) Excellent location on major renovated street at the
border of Cathedral City and Palm Springs. Close to
Walmart Supercenter, Home Depot, and Lowes.
2) Palm Springs Lanes has been in business since 1980
and remains one of the most popular bowling and
entertainment draws of the area.
3) High visibility and pylon signage along Ramon Road.
4) Excellent architecture and stunning mountain views.
5) 28-lane Brunswick showcase bowling alley,
café/restaurant and bar.

Lee & Associates Commercial Real Estate Service
Michael Radlovic
(310) 429-2278




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