Conventional Restaurant

Palm Desert, CA Conventional Restaurants for Sale

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Anchored Shopping Center Opportunity
Updated: Jul 7
Anchored Shopping Center Opportunity

73625 Highway 111, Palm Desert, CA 92260

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21,783 sqft
Fountain Plaza shopping center in Palm Desert anchored by Keedy's Diner
Keedy's Diner occupies 18% of the total GLA
Keedy's Diner has been in continuous operation since 1957
Remaining tenants each occupy about 550 to 1,600 SF (approximately 3% to 6% of the GLA)
Property fronts El Paseo and Highway 111, with Highway 111 averaging 48,500+ vehicles per day
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Two-Story Office Complex
Updated: Apr 10
Two-Story Office Complex

74-245 Highway 111, Palm Desert, CA 92260

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5.02 AC lot
Two two‑story office buildings completed in 2001
16,032‑square‑foot stand‑alone restaurant pavilion configured for two restaurants
Approximately 5.02 acres at El Paseo Drive and Highway 111
Leased to Morgan Stanley and Wells Fargo
Granite and custom flooring in the office building lobbies
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Upscale Restaurant with Bar
Upscale Restaurant with Bar

73399 El Paseo, Palm Desert, CA 92260

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Established dining venue with indoor and outdoor seating, a full bar, and a Type 47 liquor license.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Palm Desert, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Established Restaurant with Liquor License
Established Restaurant with Liquor License

69032 East Palm Canyon Drive, Cathedral City, CA 92234

$625,000
4,000 sqft

Profitable restaurant and catering business with Type 47 liquor license.

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Freestanding Sports Bar
Freestanding Sports Bar

34331 Date Palm Dr, Cathedral City, CA 92234

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7,500 sqft

Recently opened bar and grill positioned within a grocery-anchored neighborhood shopping center.

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Restaurant with Patio
Restaurant with Patio

78-480 Highway 111, La Quinta, CA 92253

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Restaurant space with a patio within Point Happy Center on 1.37 acres.

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Equipped Restaurant with Patio
Equipped Restaurant with Patio

78430 Highway 111, La Quinta, CA 92253

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Restaurant facility includes installed equipment and a dedicated outdoor patio.

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Palm Desert, CA Conventional Restaurants Market Trends and Statistics

Explore 3 conventional restaurants for sale in Palm Desert, CA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 21,783 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 3
Breakfast & diners 1

Demographics Overview

Population 63K
Population Growth (5Y) -2.2%
Median Household Income $84,567
College Educated 40.6%

High-Yield Neighborhoods for Investment

Identify Palm Desert submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
92260 $4.2M

Taxes & Financing

Tax Rate (average for all types) 1.30%
Property Tax per SF $9.41 per SF
Tax Rate vs County Average 0.14 pp above county avg
Average Loan-to-Value 65.0%

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