72885 Ramon Rd - Bank FOR SALE


Thousand Palms, CA 92276
$950,000 USD
949-942-1303
72885 Ramon Rd, Thousand Palms, CA for Sale
$950,000 USD
Bank - FOR SALE
1/14
null | Request Cap Rate

72885 Ramon Rd
Thousand Palms, CA 92276


HIGHLIGHTS

  • High Visibility Corner Retail Opportunity with Pylon Signage Adjacent to the Busy Intersection of Ramon Rd and Monterey Ave
  • Direct Access to the I-10 Freeway with and Impressive 106,000 VPD
  • Large Fenced Lot with Ample Room for Additional Secure Storage &Parking

OVERVIEW

Graystone Capital Advisors is pleased to exclusively present the opportunity to purchase 72885 Ramon Rd in Thousand Palm, CA. This property consists a 3,240 SF retail building situated on an approximately 0.69 AC lot. The former Rabobank building is zoned MU (Mixed-use) allowing for a variety ofretail uses and potential for future multifamily development. The propertyenjoys excellent visibility at the corner of Ramon Rd and Arbol Real Ave, just off from the busy intersection of Ramon and Monterey – both of which feed directly into the I-10 Freeway (106,000 VPD). The property further benefits from direct access to a strong and growing population with 17,387 people with an average household income of $101,414 within a 3-mile radius –growing by an impressive 24.33% growth since 2010. Additionally, the property sits within a rapidly growing retail corridor and is surrounded by variety of popular retailers including Agua Caliente Resort Casino, Costco, Sam’s Club, Walmart, Home Depot, In-n-Out, Chick-fi l-A, Del Taco, Starbucks, Shell, Arco, Chevron, and many more.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$293 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Freestanding Bank / Retail / Medical / Office

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Arbol Real

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

MU (Mixed Use)

APN/PARCEL ID

693-032-006

ASK ABOUT THIS PROPERTY

Matthew HardkeGraystone Capital AdvisorsMore Info
949-942-1303

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Matthew HardkeGraystone Capital AdvisorsMore Info
949-942-1303

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