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Multi-Tenant Office Building with NNN Leases
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71847 Highway 111, Rancho Mirage, CA 92270

A 7,250+/- SF multi-tenant office building is fully leased to three tenants under NNN terms.

Property Size7,250 SF
Days on Market134

Property Features for 71847 Highway 111

General Information

Standard status Active
Size 7,250 SF
Property subtype Office, Retail
Occupancy 100%

Building Details

Tenancy Multi
Listing Agency: CBRE LA
Listed By: Sam Alison · License #CA 01167124
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 5:58AM

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 CBRE LA

Investment Insights

Based on property information with market context.

The CBRE offering includes fee simple ownership of a multi-tenant office building totaling approximately 7,250+/- square feet. The property is 100% leased to three tenants: Mission Hospice Services, Mission Home Health of Rancho Mirage, and Walter Clark Legal Group. All leases are structured as NNN.

The building is located at 71847 Highway 111 in Rancho Mirage, California, and is being offered to qualified investors. Year 1 NOI is reported as $139,387.

This is an income-producing, multi-tenant office asset with NNN lease obligations in place across three separate tenants.

Key Highlights

  • 7,250+/- SF multi‑tenant office building offered as fee simple interest
  • Property is 100% leased to three tenants: Mission Hospice Services, Mission Home Health of Rancho Mirage, and Walter Clark Legal Group
  • All leases are NNN

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Parts Store Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Barber Shop Locksmith

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,045
Businesses Nearby

Demographics for 92270, CA

16,999
Population
14,936
Households
1.1
Avg Household Size
66
Median Age
47%
College-Educated
95%
High-School Grad
25.6 sq mi
ZIP Area
664
Density / Sq Mi
$109,943
Median Household Income
$60,084
Median Earnings
$1,575
Median Rent
$747,800
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - A 7,250+/- SF multi-tenant office building is fully leased to three tenants under NNN terms.
Where is this office building located?
The property is located at 71847 Highway 111 Rancho Mirage, CA.
What are key features of this property?
This property features: 7,250+/- SF multi‑tenant office building offered as fee simple interest; Property is 100% leased to three tenants: Mission Hospice Services, Mission Home Health of Rancho Mirage, and Walter Clark Legal Group; All leases are NNN
(818) 907-4690 Call to check price and availability
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