Canyon Plaza East Retail FOR SALE


Cathedral City, CA
$8,945,000 USD
909-575-0000
, Cathedral City, CA for Sale
$8,945,000 USD
Retail - FOR SALE
1/15
null | 7.5% Cap Rate

Canyon Plaza East
Cathedral City, CA


HIGHLIGHTS

  • POINT OF DESTINATION LOCATION - TREMENDOUS FRONTAGE & VISIBILITY ON HIGHWAY 111
  • More than 120,000 people within a 5-mile radius of the site with an average household income exceeding $112,000.
  • Located across the street from a Target & Trader Joe’s anchored center, the Shops at Canyon Plaza are situated along the city's main road.

OVERVIEW

Marcus & Millichap is pleased to present the Shops at Canyon Plaza, a 37,895 square foot retail center situated on approximately 4.05 acres. The shops are located on Palm Canyon Drive (Highway 111) the desert’s primary traffic artery with traffic counts of over 52,500 cars a day. The project was built in 1981 and has been remodeled by the current ownership. The Tenant mix is comprised of multiple steady retail and service uses. Situated just south of Tahquitz Creek Golf Resort, and Cathedral Canyon Golf Club, the Shops at Canyon Plaza are adjacent to Cathedral City’s finest overall Canyon Plaza Shopping Center, regional retail hub with anchors including Trader Joes, Target, El Pollo Loco, McDonald’s, and Starbucks.

ASK ABOUT THIS PROPERTY

Vanessa HaddadMarcus & MillichapMore Info
909-575-0000

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Vanessa HaddadMarcus & MillichapMore Info
909-575-0000

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