Fee Simple Mattress Firm
For Sale
Contact for pricing
67525 E Palm Canyon Dr, Cathedral City, CA 92234
100% fee simple single-tenant Mattress Firm with multiple renewal options and remaining lease term.
Property SizeContact for details
Days on Market124
Property Features for 67525 E Palm Canyon Dr
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Cap Rate
7%
Building Details
Tenancy
Single
Listing Agency:
STNL
(689) 666-9555
Listed By:
Mark Thompson · License #BK3217284
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 10:35PM
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 STNL
Investment Insights
Based on property information with market context.
This offering is a 100% fee simple interest in a single-tenant Mattress Firm location in Cathedral City, California. The lease has over four years remaining and includes two additional five-year options.
The property is described as sitting within 500 feet of major national tenants, including Target, Trader Joe’s, McDonald’s, and Starbucks. The immediate area also includes new development, with construction expected less than half a mile to the east for the College of the Desert’s Roadrunner Motors automotive school and transportation facility. Palm Springs International Airport (PSP) is approximately 3 miles from the property.
Please refer to the attached five-minute video for a complete deal explanation.
The property is described as sitting within 500 feet of major national tenants, including Target, Trader Joe’s, McDonald’s, and Starbucks. The immediate area also includes new development, with construction expected less than half a mile to the east for the College of the Desert’s Roadrunner Motors automotive school and transportation facility. Palm Springs International Airport (PSP) is approximately 3 miles from the property.
Please refer to the attached five-minute video for a complete deal explanation.
Key Highlights
- 100% fee simple, single‑tenant Mattress Firm in Cathedral City, CA (Palm Springs MSA)
- Lease structure includes over four years remaining plus two additional five‑year renewal options
- Listed at a 7.00% CAP with an asking price of $1,962,000
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
386
Businesses Nearby
198k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 38%
Dining 27%
Groceries 16%
Shops & Services 16%
Target
Superstores
74,605 visits/mo
0.2 miles
Trader Joe's
Groceries
31,966 visits/mo
0.1 miles
El Pollo Loco
Dining
15,242 visits/mo
0.1 miles
McDonald's
Dining
14,061 visits/mo
0.1 miles
Starbucks
Dining
13,098 visits/mo
0.1 miles
Demographics for 92234, CA
51,509
Population
23,114
Households
2.2
Avg Household Size
42
Median Age
26%
College-Educated
81%
High-School Grad
14.8 sq mi
ZIP Area
3,480
Density / Sq Mi
$67,031
Median Household Income
$34,895
Median Earnings
$1,554
Median Rent
$420,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - 100% fee simple single-tenant Mattress Firm with multiple renewal options and remaining lease term.
Where is this retail space located?
The property is located at 67525 E Palm Canyon Dr Cathedral City, CA.
What are key features of this property?
This property features: 100% fee simple, single‑tenant Mattress Firm in Cathedral City, CA (Palm Springs MSA); Lease structure includes over four years remaining plus two additional five‑year renewal options; Listed at a 7.00% CAP with an asking price of $1,962,000
