Restaurant-Ready Commercial
12070 Palm Drive, Desert Hot Springs, CA 92240
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Restaurant-ready buildout with an installed kitchen system and dedicated dining, suited for owner-users or hospitality concepts.
Type:Retail
Property size:
3,000 SFPrice / SF:
$233/SF- Added:
- Jun 18, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 24 at 2:23 am
Property Features for 12070 Palm Drive
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1957
Listing office Equity Union Commercial (760) 592-1571
Listing date Jun 18, 2026
Source Crexi
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 Equity Union Commercial
HighLights
- Restaurant‑ready commercial property with front dining area and back‑of‑house commercial kitchen infrastructure
- Installed hood system, cooking line, fryer/cooking equipment, range, and stainless prep surfaces
- Includes refrigeration/freezer areas, dry storage, shelving, and utility areas
- Front‑of‑house features service/cashier counter, beverage display cooler, customer entry, and takeout/host area
- Multiple restrooms, including a restroom with grab bars, plus decorative interior details and seating arrangements
- Exterior has prominent signage, large front windows, security gates, stone façade details, and sidewalk frontage
Overview
Restaurant-ready commercial property currently operating as Thai Palms Restaurant, with a built-out front-of-house dining area and back-of-house commercial kitchen infrastructure. The interior includes multiple seating arrangements, decorative finishes such as wood-look flooring and blue ceilings, and front-of-house service features including a service/cashier counter, beverage display cooler, customer entry, and takeout or host area. The kitchen includes a hood system, cooking line with fryer/cooking equipment, range, stainless prep surfaces, commercial sinks, dishwashing area, refrigeration/freezer areas, dry storage, and shelving, along with utility areas.
The exterior offers prominent signage, large front windows, security gates, stone façade details, and sidewalk frontage with nearby street parking. The property is positioned along a highly visible commercial corridor within the downtown Desert Hot Springs commercial area.
This space is well suited for a restaurateur or hospitality operator seeking an existing food-service layout with key kitchen and utility components already in place. It may also be of interest to investors purchasing a turn-key restaurant buildout, with the understanding that the buyer must verify zoning, permitted use, square footage, occupancy and seating capacity, ADA compliance, health department requirements, licenses, what equipment is included, and the condition of all building systems.
The exterior offers prominent signage, large front windows, security gates, stone façade details, and sidewalk frontage with nearby street parking. The property is positioned along a highly visible commercial corridor within the downtown Desert Hot Springs commercial area.
This space is well suited for a restaurateur or hospitality operator seeking an existing food-service layout with key kitchen and utility components already in place. It may also be of interest to investors purchasing a turn-key restaurant buildout, with the understanding that the buyer must verify zoning, permitted use, square footage, occupancy and seating capacity, ADA compliance, health department requirements, licenses, what equipment is included, and the condition of all building systems.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.0k | $18.00 |
| − Vacancy | −$3.6k | −$1.19 |
| EGI | $50.4k | $16.81 |
| − OpEx | −$12.6k | −$4.20 |
| NOI | $37.8k | $12.61 |
3,000 SF · lease $18.00/SF/yr · vacancy 6.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$540.4K
$472.8K – $630.5K
NOI $37,827 @ 7.0% cap · market cap 5.41%
Second Best
Industrial
$351.9K
$308.0K – $410.6K
NOI $24,636 @ 7.0% cap · market cap 3.52%
Theoretical Best
Office A
$898.7K
$786.4K – $1.05M
NOI $62,912 @ 7.0% cap · market cap 9.00%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Thai Palms Restaurant
Restaurant
Location Insight
- Map
- Local Demand
- City
- Desert Hot Springs
- County
- Riverside
- State
- California
- Longitude
- -116.5010776
- Latitude
- 33.9609616
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Restaurant-ready buildout with an installed kitchen system and dedicated dining, suited for owner-users or hospitality concepts.
Where is this conventional restaurant located?
The property is located at 12070 Palm Drive Desert Hot Springs, CA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Restaurant‑ready commercial property with front dining area and back‑of‑house commercial kitchen infrastructure; Installed hood system, cooking line, fryer/cooking equipment, range, and stainless prep surfaces; Includes refrigeration/freezer areas, dry storage, shelving, and utility areas
