760-774-6533
74-700 Highway 111, Palm Desert, CA for Rent

$19.44 USD /SF/yr

Retail - For Rent
1/12
8,019 SF | 1 Space

74-700 Highway 111
Palm Desert, CA 92260
Coachella Valley


HIGHLIGHTS

  • Attached to a 201-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

Transform your restaurant vision into reality with this exceptional ±8,019 SF opportunity positioned for immediate success in Palm Desert's thriving hospitality corridor. You'll capture consistent customer flow from the high-visibility Highway 111 frontage while benefiting from the built-in guest base of the adjoining 201-room Embassy Suites by Hilton. This strategic location delivers multiple revenue streams that will accelerate your profitability. With 40,097 annual occupied room nights generating steady foot traffic, you'll minimize marketing costs while maximizing daily sales potential. The hotel's upcoming $14M Hilton-approved renovation completing in 2027 will elevate the entire property's appeal, driving increased guest spending and premium positioning in the market. You'll tap into lucrative group dining and catering opportunities through the property's expansive 15,017 SF of meeting and event space. Corporate meetings, weddings, and special events will provide high-margin revenue beyond traditional restaurant operations, creating predictable income streams that enhance your bottom line. The unique amenity of 21 pickleball courts with planned expansion positions you at the forefront of America's fastest-growing sport trend. This differentiator will attract active lifestyle enthusiasts and tournament groups, extending your customer base beyond typical hotel guests while creating opportunities for specialized dining packages and extended stays. Palm Desert's affluent demographic and year-round tourism ensure consistent demand, while the established Embassy Suites brand recognition provides instant credibility and trust with customers. You'll benefit from reduced operational risks typically associated with standalone restaurants, as the integrated hotel relationship offers built-in marketing support and customer acquisition. This turnkey opportunity eliminates the uncertainty of location selection and customer development, allowing you to focus on menu innovation and service excellence while the established infrastructure drives your success from day one.

RENTAL DETAILS

SPACE AVAILABLE

8,019 SF

# OF SPACES

1

RENT/MONTH

$12,991 USD /mo

RENT RATE (MO)

$1.62 USD /SF/mo

RENT RATE (YR)

$19.44 USD /SF/yr

LEASE TYPE

Modified Gross

LEASE LENGTH

7-10 Years

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

7.49 AC

LAND SF

326,264.4 SF

ZONING

PC4NS

ASK ABOUT THIS PROPERTY

Michael LyleColdwell Banker Commercial Lyle & AssociatesMore Info
760-774-6533

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

Michael LyleColdwell Banker Commercial Lyle & AssociatesMore Info
760-774-6533

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