Exceptional opportunity to acquire a highly visible, freestanding retail building along Highway 111 in the heart of Palm Desert. Formerly occupied by California Bank & Trust, the property offers outstanding exposure and signage, with traffic counts exceeding 33,000–37,000 vehicles per day and approximately 155 feet of Highway 111 frontage.
The ±8,620 SF building sits on an approximately 31,800 SF parcel and is well suited for a variety of retail, medical, financial, or service-oriented uses. The site benefits from ample parking, strong access, and a CoStar Location Score of 97 (Best Location) in one of the Coachella Valley’s most established commercial corridors.
Priced to sell and offered below recent appraised value, this offering presents a compelling opportunity for both owner-users and investors seeking a below-market basis in a premier Palm Desert location.