42575 Melanie Pl - Office FOR SALE


Palm Desert, CA 92211- Outlying Palm Springs
$4,150,000 USD
760-773-3310
42575 Melanie Pl, Palm Desert, CA for Sale
$4,150,000 USD
Office - FOR SALE
1/6
null | 6.02% Cap Rate

42575 Melanie Pl
Palm Desert, CA 92211
Outlying Palm Springs


OVERVIEW

Discover a rare opportunity to acquire a 20,000 square foot multi-tenant office park ideally situated at 42575 Melanie Place in Palm Desert, California. This impeccably maintained property consists of three single-story office buildings, thoughtfully designed and set on 1.2 acres within the desirable Cook Street Service Industrial Zone. The project is 100% occupied with a diverse and stable tenant roster, featuring many long-term occupants on extended leases—offering investors immediate cash flow and dependable income stability. Tenants benefit from a professional campus environment, ample parking, and convenient access to major arterials including I-10, Cook Street, and Hovley Lane. The buildings feature modern office layouts, attractive architecture, and well-maintained common areas that reflect pride of ownership. This asset represents a prime, turn-key investment opportunity in one of the Coachella Valley’s strongest office markets—ideal for both private and institutional investors seeking steady returns and long-term value appreciation.

FOR SALE DETAILS

PRICE

$4,150,000 USD

PRICE/SF

$208 USD /SF

CAP RATE

6.02%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

56

LAND DETAILS

LAND ACRES

1.22 AC

LAND SF

53,143 SF

ZONING

SI

APN/PARCEL ID

634-260-031

ASK ABOUT THIS PROPERTY

Matthew LongstrethBaxley Properties IncMore Info
760-773-3310

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Matthew LongstrethBaxley Properties IncMore Info
760-773-3310

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