Sherwin-Williams Net-Leased
1488 North Palm Canyon Drive Palm Springs, CA 92262
1488 North Palm Canyon Drive, Palm Springs, CA, 92262
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For Sale
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Single-tenant Sherwin-Williams retail property on 0.38 acres with a new net lease starting August 2026.
Property Size4,012 SF
Lot Size0.38 Acres
Price / SF$997.01
Days on Market51
Property Features for 1488 North Palm Canyon Drive
General Information
- Standard status
- Active
- Size
- 4,012 SF
- Lot size
- 0.38 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2026
Listing agency
CBRE - Atlanta
Listed by
Chris Bosworth · License #GA 248342
Source
Crexi
Added: Jun 2 Updated: Jul 10 at 1:53PM Checked: Jul 22 at 3:15PM
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 - Atlanta
Investment Insights
Based on property information with market context.
CBRE is exclusively offering for sale a 4,012-square-foot Sherwin-Williams retail property situated on 0.38 acres. The offering is structured as a net lease, providing a single-tenant arrangement for the building.
The property is located at 1488 North Palm Canyon Drive in Palm Springs, California, within the Riverside-San Bernardino-Ontario, CA Metropolitan Statistical Area, which includes a population of 4.72 million or more. The lease is scheduled to commence in August 2026.
Under the terms described, Sherwin-Williams will operate under a 10-year primary term beginning at lease commencement. A 10% rent increase is scheduled for 2031, followed by the same 10% increase in each of the five, 5-year renewal options. This configuration is designed for an operator or investor seeking a straightforward, single-tenant retail lease structure tied to defined term and renewal rent step-ups.
The property is located at 1488 North Palm Canyon Drive in Palm Springs, California, within the Riverside-San Bernardino-Ontario, CA Metropolitan Statistical Area, which includes a population of 4.72 million or more. The lease is scheduled to commence in August 2026.
Under the terms described, Sherwin-Williams will operate under a 10-year primary term beginning at lease commencement. A 10% rent increase is scheduled for 2031, followed by the same 10% increase in each of the five, 5-year renewal options. This configuration is designed for an operator or investor seeking a straightforward, single-tenant retail lease structure tied to defined term and renewal rent step-ups.
Key Highlights
- 4,012 SF single‑tenant Sherwin‑Williams retail property in Palm Springs on 0.38 acres
- New net lease begins August 2026
- 10‑year primary lease term with a 10% rent increase in 2031
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Single-tenant Sherwin-Williams retail property on 0.38 acres with a new net lease starting August 2026.
Where is this retail space located?
The property is located at 1488 North Palm Canyon Drive Palm Springs, CA.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 4,012 SF single‑tenant Sherwin‑Williams retail property in Palm Springs on 0.38 acres; New net lease begins August 2026; 10‑year primary lease term with a 10% rent increase in 2031
