LOCATION HIGHLIGHTS
- Restaurant in A++ downtown Palm Springs restaurant/ bar zone
- Take advantage of over 1,650,000 annual visitors to Palm Springs
- The immediate block has the highest food & beverage revenues in the Coachella Valley
- Strong demographics: over 34,000 population within a 3-mile radius with an average HH income of over $118,000
INVESTMENT HIGHLIGHTS
- Mid-block signalized pedestrian-only crosswalk connects the subject property to numerous bars/restaurants across the street
- 2-story building with contemporary architecture that stands out on the block
- Quality steel frame constructed building with outstanding signage
- Highest foot traffic location in the entire Coachella Valley
- Extensive restaurant fixtures, furniture, and equipment
- $1,000,000 interior building upgrades completed in 2022 in the vacant ground-floor space.
- Contiguous to a 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 on street-level space and a rare large deck on the second-floor space
- 7 years left of the second-floor lease term and 10 years left on the street-level lease term