760-772-6400
74-700 Highway 111, Palm Desert, CA for Rent

$22.44 USD /SF/yr

Retail - For Rent
1/15
8,019 SF | 1 Space

74-700 Highway 111
Palm Desert, CA 92260
Outlying Palm Springs


HIGHLIGHTS

  • Attached to a 200-room hotel including 21 pickleball courts and large pool/bar, providing a built-in customer base and additional foot traffic.
  • Potential for pool/bar and pickleball courts food & beverage service on the property, greatly enhancing the revenue opportunity.
  • This property is ideal for restaurateurs looking to capitalize on a high-traffic location with diverse revenue streams.

OVERVIEW

Fully Equipped: The space comes with all Furniture, Fixtures, and Equipment (FF&E), ready for immediate operation. Hotel Connection: Attached to a 200-room hotel including 21 pickleball courts and large pool/bar, providing a built-in customer base and additional foot traffic. The space is a stand-alone Spanish style building located at the front of the property and allows for a restauranter to create a unique and free standing identity while also benefitting from the hotel. Banquet Room: A 6,500 sq ft banquet room above the restaurant, perfect for private events and gatherings is available on an as needed basis at 8% percentage rent per event. Recreational Amenities: Potential for pool/bar and pickleball courts food & beverage service on the property, greatly enhancing the revenue opportunity. Signage: Outstanding highly visible signage facing Highway 111, directly above main entrance to restaurant. Estimated Seat Count: Indoor 237, Front Patio 16, Back Patio 44, Banquet Room Dining 512, Banquet Room Assembly 650 Great Rent: $15,000 per month with significant income potential. This property is ideal for restaurateurs looking to capitalize on a high traffic location with diverse revenue streams. Don't miss out on this exceptional leasing opportunity!

RENTAL DETAILS

SPACE AVAILABLE

8,019 SF

# OF SPACES

1

RENT/MONTH

$14,996 USD /mo

RENT RATE (MO)

$1.87 USD /SF/mo

RENT RATE (YR)

$22.44 USD /SF/yr

LEASE TYPE

Modified Gross

LEASE LENGTH

Negotiable

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

144,431 SF

BUILDING CLASS

B

YEAR BUILT

1984

PARKING SPACES

283

LAND DETAILS

LAND ACRES

7.48999 AC

LAND SF

326,264 SF

ZONING

PC4NS

ASK ABOUT THIS PROPERTY

Joe FunkeyColdwell Banker Commercial Lyle & AssociatesMore Info
760-772-6400

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Joe FunkeyColdwell Banker Commercial Lyle & AssociatesMore Info
760-772-6400

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