66205 Paul Rd - Retail FOR SALE


Desert Hot Springs, CA 92240
$2,250,000 USD
949-557-5012
66205 Paul Rd, Desert Hot Springs, CA for Sale
$2,250,000 USD
Retail - FOR SALE
1/12
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66205 Paul Rd
Desert Hot Springs, CA 92240


HIGHLIGHTS

  • RARE FREESTANDING COMMERCIAL / DRIVE-THRU DISPENSARY OPPORTUNITY
  • APPROVED DRIVE-THRU / HIGH-IMAGE FREEWAY LOCATION
  • STRATEGIC SOUTHERN CALIFORNIA & COACHELLA VALLEY LOCATION
  • CANNABIS-FRIENDLY MUNICIPALITY / OWNER-USER OPPORTUNITY
  • STRONG DEMOGRAPHICS & INFILL TRADE AREA
  • ±4,800 SF FREESTANDING COMMERCIAL BUILDING ON ±1.42 ACRES OF LAND, BUILT IN 2019

OVERVIEW

Kidder Mathews is pleased to exclusively offer for sale a vacant freestanding commercial building located at 66205 Paul Road, Desert Hot Springs, CA 92240. Constructed in 2019, the property consists of an approximately 4,800-square-foot freestanding building situated on approximately 1.42 acres of land. Formerly occupied by Harborside as a licensed cannabis drive-thru dispensary, the property features modern improvements and infrastructure well suited for cannabis retail, retail, medical, office, or other commercial uses. The offering presents an excellent opportunity for both investors and owner users seeking a high-visibility property within one of Southern California’s established cannabis markets. The property includes a prominent pylon sign with visibility from Interstate 10, providing exceptional exposure to freeway traffic and strong branding opportunities. In addition, the site benefits from an approved drive-thru configuration, a highly rare and valuable feature for cannabis dispensary operations and other retail users. The property is located off Palm Drive exit adjacent to Arco, Chevron, Maverick gas stations and Jack in the Box. Strategically located with immediate access to Interstate 10, the property offers outstanding regional connectivity throughout Southern California and the greater Coachella Valley. The site is conveniently positioned near major destinations including Palm Springs, Cathedral City, Rancho Mirage, and Palm Desert, benefiting from strong tourism activity, residential growth, and year-round consumer traffic. The surrounding trade area is supported by a growing residential population and favorable demographic profile, with approximately 86,820 residents and an average household income of approximately $107,247 within a five-mile radius. The property’s location within the expanding Coachella Valley market positions it to benefit from continued economic growth, tourism, and consumer demand. The City of Desert Hot Springs has indicated support for the reopening of the property as a cannabis dispensary; however, prospective buyers are advised to independently verify all licensing, permitting, zoning, and operational requirements directly with the city and applicable regulatory agencies. The property’s flexible layout, newer construction, approved drive-thru, freeway-visible signage, and ample land area provide multiple opportunities for owner-users, dispensary operators, or investors seeking a value-add acquisition with significant upside potential. The site also offers ample parking, accessibility, and strong demographic fundamentals within the surrounding market area. This offering represents a rare opportunity to acquire a newer-generation commercial property with existing dispensary improvements, freeway visible signage, approved drive-thru entitlement, and exceptional regional accessibility in one of California’s most recognized cannabis-friendly municipalities.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$469 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1.42 AC

LAND SF

61,855 SF

ZONING

-

APN/PARCEL ID

660-160-035

ASK ABOUT THIS PROPERTY

Fouy LyKidder MathewsMore Info
949-557-5012

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Fouy LyKidder MathewsMore Info
949-557-5012

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