* Point of Destination Location – Sage Place enjoys its corner location within the heart of El Paseo, Palm Desert’s pedestrian-friendly, “high street” corridor and shopping destination
* Known for being the “Rodeo Drive” of the desert, El Paseo features over 300 upscale restaurants, designer fashions, art galleries, interior design, and specialty services
* Pride of Ownership Asset – Sage Place is a ±25,590 SF high street retail asset, currently 90% leased to a synergistic mix of retail, service-retail tenancy, food, and boutique office tenancy. High quality retail investment properties like Sage Place rarely become available, providing a unique, once-in-a-lifetime opportunity for investors
* High-Traffic, Easily Accessible Location – Sage Place is located just off El Paseo (±14,300 CPD), with direct access to Highway 111 (±36,600 CPD) the trade area’s primary corridor benefiting from consistent traffic
* Strong Tenant Leasing Momentum – Sage Place has enjoyed robust leasing momentum over the past couple of years with recent significant leases including Hundenfolk (January 2024) with a recent expansion in 2025, Coco Rose (November 2023), and Desert Psychiatric Associates (January 2024) proving the dynamic trade area and desirability of the center and its location
* Improving Cash Flow – Through the lease-up of vacant space, embedded increases, and below-market rents rolling to market, the Net Operating Income is projected to increase more than $322,000 over the anticipated 10-year hold period