760-408-8874
73101 Highway 111, Palm Desert, CA for Sale
Restaurant - FOR SALE
1/86
null | Request Cap Rate

73101 Highway 111
Palm Desert, CA 92260
South Palm Desert


HIGHLIGHTS

  • Brewery building out as an exciting new tenant!
  • Historic and iconic building familiar to everyone with massive ROI upside
  • Ideal central PD location

OVERVIEW

The iconic Palomino building is coming to market with an exciting new brewery tenant and an ideal location. Perfectly situated in mid Palm Desert with heavy car counts, ideal visibility from neighboring El Paseo, and conveniently located in a busy retail center. This recently repaired and updated building is ready for its next owner! With a profitable lease coming to activation upon opening of the new brewery and solid, under-market rents and stable occupancy throughout, this property is poised for increased ROI and heightened social capital when the word is out. Come see this historic location for yourself and you'll see what it would make a great addition to any investors RE portfolio. OM and docs to follow soon!

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

undefined, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

Downtown

APN/PARCEL ID

627-192-034

ASK ABOUT THIS PROPERTY

Adam GilbertThe Firm BrokerageMore Info
760-408-8874

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Adam GilbertThe Firm BrokerageMore Info
760-408-8874

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