690 W Garnet Ave - Light Distribution FOR SALE


Palm Springs, CA 92262
$2,400,000 USD
972-755-5223
690 W Garnet Ave, Palm Springs, CA for Sale
$2,400,000 USD
Light Distribution - FOR SALE
1/5
null | Request Cap Rate

NEW


690 W Garnet Ave
Palm Springs, CA 92262


HIGHLIGHTS

  • Vacant 13,924-Square-Foot Single-Tenant Industrial Flex Property on 1.81 Acres
  • Featuring Concrete Tilt-Up Construction, 17’ Clear Height, Three 14’ x 14’ Grade-Level Doors, and Fire Sprinkler System
  • Flexible Layout Suitable for Industrial, Logistics, or Office-Intensive Users
  • Available for Immediate Owner Use or Lease-up Opportunity
  • Prominent Visibility Along I-10 with Exposure to ±89,000 Vehicles Per Day | Proximity to Large-Scale Industrial Developments
  • Located in Outperforming Coachella Valley Submarket with 5.8% Industrial Vacancy Rate vs. Overall Inland Empire Market Average of 8.8%

OVERVIEW

The property is a vacant 13,924-square-foot single-tenant industrial flex building situated on 1.81 acres of land. It features concrete tilt-up construction, which provides a durable and low-maintenance exterior. The building has a clear height of 17 feet, allowing for efficient use of space and accommodating a variety of industrial and logistics operations. Three 14’ x 14’ grade-level doors provide easy access for loading and unloading goods. A fire sprinkler system is also installed, ensuring a safe working environment. The property's layout is flexible and can be adapted to suit different users, including industrial, logistics, or office-intensive operations. This flexibility makes it an attractive option for a range of potential tenants or owner-users. The property is available for immediate owner use or a lease-up opportunity, providing a chance for investors to capitalize on the demand for industrial space. The property's location offers excellent visibility along Interstate 10, with exposure to approximately 89,000 vehicles per day, making it an ideal spot for businesses that require high visibility and accessibility (California Department of Transportation). Its proximity to large-scale industrial developments also enhances its appeal, providing opportunities for collaboration and networking with neighboring businesses. The Coachella Valley submarket, where the property is located, had an industrial vacancy rate of 5.8 percent in Q1 2026, which was significantly lower than the overall Inland Empire market average of 8.8 percent. This indicates a strong demand for industrial space in the area and a competitive market for landlords. The area's strong economic growth and limited supply of available industrial properties make it an attractive location for businesses and investors alike.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$172 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Garnet Avenue Single-Tenant

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

UTILITIES

-

CLEAR CEILING HT

17 Ft

DOCKS

-

DRIVE INS

3

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.81

LAND SF

78,844

ZONING

M-1P

APN/PARCEL ID

666-430-010

ASK ABOUT THIS PROPERTY

Adam AbushagurMarcus & MillichapMore Info
972-755-5223

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Adam AbushagurMarcus & MillichapMore Info
972-755-5223

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