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    72-333 Thru 72-549 Hwy, Unit 111 Palm Desert, CA 92260

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    For Lease
    $1.50 SF/Yr

    Prime retail spaces available in a high-traffic shopping center.

    Property size:
    518,237 SF
    Lot size:
    518,237 SF

    Property Features for 72-333 Thru 72-549 Hwy

    General Information

    Size
    518,237 SF

    Building Details

    Year built
    1995

    Source: Maggie Montez Agent Maggie Montez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Large Retail Center For Lease

    This retail property, located at the corner of Highway 111 and Fred Waring Drive, is part of Desert Crossing, a power center with over 500,000 square feet of space. The center benefits from a central valley location and strong co-tenancy, including Target, Burlington, Boot Barn, Marshalls, TJ Maxx, Guitar Center, DSW, Old Navy, Ulta Cosmetics, Best Buy, and Total Wine & More. The location serves the Coachella Valley's population, snowbirds, and tourists, with traffic exceeding 120,000 cars per day.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Map

    City
    Palm Desert
    County
    Riverside
    State
    California
    Longitude
    -116.403
    Latitude
    33.675

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    FAQs

    What type of property is this?
    Strip mall - Prime retail spaces available in a high-traffic shopping center.
    Where is this strip mall located?
    The property is located at 72-333 Thru 72-549 Hwy, Unit 111 Palm Desert, CA.
    What is the lease rate?
    The lease rate is $1.50 SF/Yr.
    What are key features of this property?
    This property features: - Prime Central Valley location at the intersection of Highway 111 & Fred Waring Drive.; - High traffic volume: Over 120,000 cars per day.; - Strong co-tenancy with major retailers including Target, Burlington and more.
    (760) 346-2520
    Request Owner's contact information
    72-333 Thru 72-549 Hwy, Unit 111 Palm Desert, CA 92260
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    Palm Desert, CA 92260
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    72-333 Thru 72-549 Hwy, Unit 111 Palm Desert, CA 92260
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