• 3% annual rent increases and 5% percentage rent with artificial break point for existing tenant. • Mid-block signalized pedestrian only crosswalk connects the subject property to numerous bars/restaurants across the street. • $50 million plus in food and beverage sales within this amazing block of downtown Palm Springs. • Quality steel frame constructed building with outstanding signage. • Highest foot traffic location in the entire Coachella Valley. • Over 7 years initial lease term remaining for existing tenant. • Extensive restaurant fixtures, furniture and equipment in vacant ground floor space. • $1,000,000 interior building upgrades completed in 2022 in the vacant ground floor space. • Contiguous to 4 story City parking structure with free parking and deeded building signage for both tenants of the subject building facing Indian Canyon Drive. • Large highly sought after patio space.