» Rare El Paseo Retail Investment – Opportunity to acquire a two-story multi-tenant retail property on Palm Desert’s premier luxury retail corridor. » Strong In-Place Income – Stabilized NNN investment currently generating approximately $367,000 NOI (5.75% cap rate) with established tenants. » Value-Add Upside – Desert Wolff Gallery operates on a short-term lease below market, allowing a future investor to capture rental growth through lease restructuring. » Lease-Up Opportunity – Second floor features three vacant suites and underutilized storage areas that could be repositioned as office or creative workspace to increase revenue. » Below-Market Rental Rates – Current rents are below several comparable El Paseo properties, creating potential for meaningful long-term rent growth. » Prestigious Retail Corridor – Located along El Paseo Drive, often referred to as the “Rodeo Drive of the Desert,” surrounded by luxury retail, galleries, restaurants, and boutique shopping.