$3,798,083 USD
831-325-9847
500 S Indian Canyon Dr
Palm Springs, CA 92264
Warm Sands
HIGHLIGHTS
- Zero Landlord Responsibilities - NNN Lease with US Bank maintaining 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
FOR SALE DETAILS
PRICE
$3,798,083 USD
PRICE/SF
$462 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1978
SPRINKLERS
-
PARKING SPACES
40
LAND DETAILS
LAND ACRES
0.88 AC
LAND SF
38,333 SF
ZONING
C1, Palm Springs
APN/PARCEL ID
508-121-001
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
831-325-9847
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
831-325-9847
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
