66550 Pierson Blvd - Retail FOR SALE


Desert Hot Springs, CA 92240
$2,395,000 USD
760-567-4338
66550 Pierson Blvd, Desert Hot Springs, CA for Sale
$2,395,000 USD
Retail - FOR SALE
1/11
null | Request Cap Rate

Sep '27


66550 Pierson Blvd
Desert Hot Springs, CA 92240


HIGHLIGHTS

  • Successful business (current tenant) moving to larger space
  • Visitor serving mixed use zoning with enhanced density and opportunity to capitalize on city center location
  • Vacant parcels offer expansion

OVERVIEW

Triple net, credit tenant, plus two lots for development. Make offer. Close to Palm Drive & Pierson Bl, and the Desert Hot Springs City Hall, this block offers both location and opportunity to create as many as 44 residences and mixed use commercial space. Current tenant has two extension options(five years each) with rent bumps. There are vacant lots to be developed.

FOR SALE DETAILS

PRICE

$2,395,000 USD

PRICE/SF

$127 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Parker Hardware

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Medical, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

2.96 AC

LAND SF

128,938 SF

ZONING

VS-MU

APN/PARCEL ID

639-293-023,639-293-024,639-293-025,639-293-026,639-293-027,639-293-028

ASK ABOUT THIS PROPERTY

Bruce HaulleyMarcus & MillichapMore Info
760-567-4338

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Bruce HaulleyMarcus & MillichapMore Info
760-567-4338

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