Mirage Portfolio FOR SALE


Rancho Mirage, CA
$4,875,000 USD
760-773-3310
, Rancho Mirage, CA for Sale
$4,875,000 USD
FOR SALE
1/16
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Mirage Portfolio
Rancho Mirage, CA


HIGHLIGHTS

  • Two-building commercial investment portfolio - 100% Occupied
  • ±21,650 SF of office and retail improvements
  • Potential future development opportunity on a portion of the parking parcel (buyer to verify)
  • Signalized corner location
  • Exceptional visibility and access
  • Professionally maintained assets

OVERVIEW

Premier Rancho Mirage Office & Retail Investment Two-Building Portfolio with .80 Acre Land Parcel Baxley Properties is pleased to present an exceptional opportunity to acquire a premier office and retail investment in the heart of Rancho Mirage. The offering consists of two fully occupied commercial buildings totaling approximately 21,650 square feet, plus an additional ±0.80-acre parcel currently utilized for parking. Located on a signalized corner along one of Rancho Mirage's most prominent commercial corridors, the portfolio enjoys exceptional visibility and is surrounded by luxury automotive dealerships including Ferrari, Bentley, Rolls-Royce, Lamborghini, Audi, Land Rover and Aston Martin, as well as numerous national and regional businesses. The portfolio is 100% occupied with a stable mix of office and retail tenants, providing immediate cash flow and long-term investment stability. In addition to the existing improvements, the offering includes a separate ±0.80-acre parking parcel. While a portion of the parking area is required to satisfy existing parking requirements for Mirage Business Mall, preliminary analysis indicates that a portion of the parcel may offer future development or redevelopment potential, subject to buyer verification, municipal approvals, parking requirements and all applicable regulations. Investment Highlights • Two-building commercial investment portfolio • ±21,650 SF of office and retail improvements • Separate ±0.80-acre parking parcel included • Potential future development opportunity on a portion of the parking parcel (buyer to verify) • 100% occupied • Stable office and retail tenant mix • Signalized corner location • Exceptional visibility and access • Professionally maintained assets • Surrounded by premier luxury automobile dealerships and high-end commercial development • Rare opportunity to acquire one of Rancho Mirage's premier commercial investment opportunities This offering combines stable in-place income with the long-term benefit of owning excess land in one of the Coachella Valley's most desirable commercial locations.

ASK ABOUT THIS PROPERTY

Matthew LongstrethBaxley Properties IncMore Info
760-773-3310

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Matthew LongstrethBaxley Properties IncMore Info
760-773-3310

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