34091-34351 Date Palm Dr - Freestanding FOR SALE
Cathedral City, CA 92234 |
34091-34351 Date Palm Dr
Cathedral City, CA 92234
HIGHLIGHTS
- Anchor Tenant: Food 4 Less has been onsite since 1990, extended to 2035, with over 900K annual visits and $40M in sales.
- High Traffic: 2.5M annual visits, ranking in the 88th percentile nationally (Placer.ai).
- Disney Proximity: 10 minutes from Disney’s 618-acre Cotino development with 1,900+ homes.
- New Leases: Fun City signed a 10-year lease; recent additions include Dutch Bros and Sun Community CU.
- Prime Location: Signalized corner with 50,000+ daily vehicle traffic.
- Stable Income: 93% occupied with 10-year WALT and 2.90% rent CAGR.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Cathedral City Marketplace
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
179165
STORIES
1
YEAR BUILT
1991
SPRINKLERS
-
PARKING SPACES
470
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
687-440-015
