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Multi-Tenant Medical Office Building
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79440 Corporate Centre Dr, La Quinta, CA 92253

Multi-tenant medical and professional office building totaling 42,542 square feet, offered with a one-year income guaranty.

Property Size42,542 SF
Days on Market119

Property Features for 79440 Corporate Centre Dr

General Information

Standard status Active
Size 42,542 SF
Property subtype Office

Additional Details

Cap Rate 9.96%
Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: CBRE - Ontario
Listed By: Matthew Rifkin · License #02044140
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 20 at 11:49PM

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 - Ontario

Investment Insights

Based on property information with market context.

Wilson Meade is pleased to offer for sale the J Paul Building, a 42,542-square-foot, multi-tenant medical and professional office building. The property is being offered for the first time since its construction and features an existing tenant mix and strong historical occupancy, according to the seller. The offering also includes a one-year income guaranty.

The J Paul Building is located just north of Highway 111 in the central La Quinta business district.

As presented in the offering, seller financing is available and is described as providing the buyer with a cash pre-tax return of 9.96%.

Key Highlights

  • Multi‑tenant medical and professional office building totaling 42,542 SF
  • One‑year income guaranty included with the sale
  • Seller financing offered, with a stated cash pre‑tax return of 9.96%

Property Analytics

Current Use

Full Dental: Alberto ... Dental Office Rancho Physical Therapy Physician Dr. Trevor DerDerian Physician Kondovski Medical Group Medical Clinic Children's Services of the Desert Association / Organization

Suggested Use

Top Pick Parking Lot & Garage Daycare Center (Bike/Boat/Book/etc) Store Catering Service HVAC Service Grocery & Convenience Store

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

821
Businesses Nearby

Demographics for 92253, CA

37,422
Population
24,679
Households
1.5
Avg Household Size
52
Median Age
39%
College-Educated
92%
High-School Grad
40.4 sq mi
ZIP Area
926
Density / Sq Mi
$97,397
Median Household Income
$46,416
Median Earnings
$1,741
Median Rent
$612,800
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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Multi-tenant medical and professional office building totaling 42,542 square feet, offered with a one-year income guaranty.
Where is this office building located?
The property is located at 79440 Corporate Centre Dr La Quinta, CA.
What are key features of this property?
This property features: Multi‑tenant medical and professional office building totaling 42,542 SF; One‑year income guaranty included with the sale; Seller financing offered, with a stated cash pre‑tax return of 9.96%
More about this property
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