73155 Highway 111 - Restaurant FOR SALE


Palm Desert, CA 92260- South Palm Desert
$3,499,999 USD
909-496-0186
73155 Highway 111, Palm Desert, CA for Sale
$3,499,999 USD
Restaurant - FOR SALE
1/54
null | 8.03% Cap Rate

73155 Highway 111
Palm Desert, CA 92260
South Palm Desert


HIGHLIGHTS

  • Heavy Day time Traffic, Building has been in business for over 52 Years.

OVERVIEW

This building features two restaurants, providing immediate operating income with the purchase. The business is NEGOTIABLE, and the property includes 212 parking spaces. restaurant has been a trusted name for 57 years, earning a strong reputation in and around the Palm Desert area. With four additional operating locations, this is an exceptional business opportunity. With a low 3% franchise fee, it could be yours to own and grow.

FOR SALE DETAILS

PRICE

$3,499,999 USD

PRICE/SF

$369 USD /SF

CAP RATE

8.03%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

68

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

C1SP

APN/PARCEL ID

627-192-038

ASK ABOUT THIS PROPERTY

Bryan SanchezCentury 21 Synergia RealtyMore Info
909-496-0186

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Bryan SanchezCentury 21 Synergia RealtyMore Info
909-496-0186

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