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73200 El Paseo Palm Desert, CA 92260

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For Sale
$6,452,100

Fully leased retail property on El Paseo Drive.

Type:Retail
Added:
Apr 1, 2026
Days on Market:
22
Last Refresh:
Apr 1 at 11:47 am

Property Features for 73200 El Paseo

General Information

Standard status
Active
Property subtype
Retail

Building Details

Year Built
1970

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Listing Contact
Michael Lyle
Michael Lyle

Listing agent Michael Lyle License #CalDRE #02002995

Listing office Coldwell Banker Commercial Lyle & Associates

Listing date Apr 1, 2026

Source Cbclyle

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 Coldwell Banker Commercial Lyle & Associates


Overview

El Paseo Retail Investment Opportunity

This fully leased multi-tenant retail property is located on El Paseo Drive, Palm Desert's luxury retail corridor in the Coachella Valley. The property is 100% leased to a mix of boutique retail, dining, and professional tenants, providing stable in-place income. The property generates approximately $370,862 in net operating income, representing a 5.75% cap rate. Tenants reimburse operating expenses through a triple net lease structure. The property features attractive Spanish-style architecture with a pedestrian-oriented courtyard design. El Paseo properties rarely trade, providing investors with the opportunity to acquire a long-term generational retail asset.
Location Intelligence

Current Use by Public Records

Ferguson Law Firm Law Firm Law Offices of Peter ... Law Firm Golden Interior Design, ... Interior Design Fig + Nash Interior Design

Suggested Use

Restaurant Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Building Supply Auto Repair Shop Nail Salon Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

  • Palms to Pines West Shopping Center 72740 El Paseo, Palm Desert, CA 92260
  • El Paseo Square CA-1, Palm Desert, CA 92260
  • The Gardens on El Paseo 73375 El Paseo Ste J, Palm Desert, CA 92260
  • The Shops on El Paseo 73-061 El Paseo, Palm Desert, CA 92260
  • Parking Ramp Palm Desert, CA 92260

Location Insight

  • Map
  • Local Demand
City
Palm Desert
County
Riverside
State
California
Longitude
-116.3871864
Latitude
33.7200368

FAQs

What type of property is this?
Shopping center - Fully leased retail property on El Paseo Drive.
Where is this shopping center located?
The property is located at 73200 El Paseo Palm Desert, CA.
What is the asking price?
The asking price for this property is $6,452,100.
What are key features of this property?
This property features: Premier El Paseo Drive Location: Situated on Palm Desert's prestigious El Paseo Drive.; 100% Leased Stabilized Asset: Fully occupied by a mix of retail, dining, and professional tenants.; Strong In‑Place Cash Flow: Generates approximately $370,862 in NOI, representing a 5.75% cap rate.
More about this property
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