102 N Palm Canyon Dr - Storefront Retail/Office FOR SALE


Palm Springs, CA 92262- Downtown Palm Springs
$15,500,000 USD
760-578-9927
102 N Palm Canyon Dr, Palm Springs, CA for Sale
$15,500,000 USD
Storefront Retail/Office - FOR SALE
1/19
null | 6.3% Cap Rate

102 N Palm Canyon Dr
Palm Springs, CA 92262
Downtown Palm Springs


OVERVIEW

• Currently Single Story Retail with Substantial Annual Income • Prime Palm Canyon Location with Exceptional Visibility • Incredible Development Upside for Hotel/Condo Above Retail/Restaurant • Trophy Hard Corner at Two of the Most Active Intersections • Immediate Proximity to Entertainment, Hospitality, Retail, Dining, Casino, and Barhopping • All Leases Have 7-month Landlord Termination/Redevelopment Clauses

FOR SALE DETAILS

PRICE

$15,500,000 USD

PRICE/SF

$647 USD /SF

CAP RATE

6.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Liebling Trust Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,401 SF

ZONING

CBD

APN/PARCEL ID

513-092-004

ASK ABOUT THIS PROPERTY

Steve LyleColdwell Banker Commercial Lyle & AssociatesMore Info
760-578-9927

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Steve LyleColdwell Banker Commercial Lyle & AssociatesMore Info
760-578-9927

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.