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Renovated Corner Shopping Center
New
For Lease
$21.60 SF/Yr

12021 Palm, Desert Hot Springs, CA 92240

Multiple storefront suites have individual entrances, with shared customer parking and signage options.

Space Size500 SF - 1,420 SF
Property Size9,011 SF
Days on Market4

Property Features for 12021 Palm

General Information

Standard status Active
Size 500 SF - 1,420 SF
Net Rentable 500 SF
Total Parking Spaces 76
Lease Type NNN

Space & Availability

Available Space 500-1,420 SF
Contiguous Space 1,420 SF

Additional Details

Lease Rate $1.80 /USD/SF/MO
Corner Location Yes

Amenities

palm-lined sidewalks
distinctive façade
convenient sidewalk access
Central Air, Electric
Central, Electric
Brick

Building Details

Building Size 9,011 SF
Year Built 1966
Year Renovated 2019
Stories 1
Tenancy Multi
Listing Agency: Real Estate eBroker Inc.
Listed By: Kyungwan Cho · License #01793809
Source: Evrealestate
Added: Oct 19 Changed: Oct 21 Last Checked: Oct 20 at 6:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Estate eBroker Inc.

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Investment Insights

Based on property information with market context.

Palm & Pierson Shopping Center is a multi-tenant retail property at Palm Drive and Pierson Boulevard in Desert Hot Springs. Available suites range from approximately 500 to 1,420 square feet, with separate entrances for each unit. The center was renovated in 2019 and has approximately 76 shared parking spaces. Current businesses include a sports bar, hair and nail salons, and a bookstore.

The property occupies the corner of two streets and has frontage on both. Signage opportunities are available along Palm Drive and on the parking-lot side, subject to applicable requirements and approvals. Sidewalk access connects the center with the surrounding downtown area, where City Hall and public services are nearby.

Key Highlights

  • Renovated in 2019
  • Approximately 76 shared parking spaces
  • Available suites: approximately 1,420 SF, 500–600 SF, and two at approximately 795 SF each

Property Analytics

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Current Use

Ladera Resort

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Parking Lot & Garage Skin Care Clinic Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.24 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

582
Businesses Nearby
50k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
ARCO Shops & Services
12,944 visits/mo 0.4 miles
7-Eleven Shops & Services
10,100 visits/mo 0.4 miles
Dollar General Shops & Services
9,108 visits/mo 0.3 miles
AutoZone Shops & Services
6,916 visits/mo 0.4 miles
AMPM Shops & Services
5,773 visits/mo 0.5 miles

Demographics for 92240, CA

40,920
Population
15,977
Households
2.6
Avg Household Size
34
Median Age
15%
College-Educated
78%
High-School Grad
35.7 sq mi
ZIP Area
1,146
Density / Sq Mi
$51,284
Median Household Income
$32,137
Median Earnings
$1,367
Median Rent
$294,200
Median Home Value
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Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

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Frequently Asked Questions

What type of property is this?
Shopping center - Multiple storefront suites have individual entrances, with shared customer parking and signage options.
Where is this shopping center located?
The property is located at 12021 Palm Desert Hot Springs, CA.
What is the lease rate?
The lease rate is $21.60 SF/Yr.
What are key features of this property?
This property features: Renovated in 2019; Approximately 76 shared parking spaces; Available suites: approximately 1,420 SF, 500–600 SF, and two at approximately 795 SF each
More about this property
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