$3,610,018 USD
831-325-9847
500 S Indian Canyon Dr
Palm Springs, CA 92264
Warm Sands
HIGHLIGHTS
- NNN Lease - US Bank maintainins all aspects of the property
- Future Development Parcels - The property consists of one (1) large commercial parcel occupied by US Bank, and two (2) additional residential parcel
- Strong Branch Deposits - per the FDIC’s website, US Bank has over $76,000,000 in deposits at this location
- Highly Visible Location - at a signalized corner along S. Indian Canyon Drive, one of the most highly-traveled commercial intersections
- Walkability - steps from downtown and surrounded by upscale condos, boutique hotels, and retail, the parcels benefit from exceptional walkability
OVERVIEW
FOR SALE DETAILS
PRICE
$3,610,018 USD
PRICE/SF
$439 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
US Bank
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1978
SPRINKLERS
-
PARKING SPACES
40
LAND DETAILS
LAND ACRES
0.83 AC
LAND SF
36,333 SF
ZONING
C1, Palm Springs
APN/PARCEL ID
508-121-001
ASK ABOUT THIS PROPERTY
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831-325-9847
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831-325-9847
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