Sherwin-Williams Net-Leased
For Sale
Contact for pricing
1488 North Palm Canyon Drive, Palm Springs, CA 92262
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 Market74
Property Features for 1488 North Palm Canyon Drive
General Information
Standard status
Active
Size
4,012 SF
Total Parking Spaces
14
Lot size
0.38 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$210,000
Building Details
Year Built
2026
Units
14
Tenancy
Single
Listing Agency:
CBRE - Atlanta
(404) 504-7893
Listed By:
Chris Bosworth · License #GA 248342
Source:
Crexi
Added: Jun 2
Changed: Aug 8
Last Checked: Aug 12 at 5:42AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
1,568
Businesses Nearby
Explore this area
Business Placement
Demographics for 92262, CA
26,593
Population
19,940
Households
1.3
Avg Household Size
54
Median Age
42%
College-Educated
93%
High-School Grad
35.1 sq mi
ZIP Area
758
Density / Sq Mi
$70,514
Median Household Income
$42,940
Median Earnings
$1,420
Median Rent
$600,600
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 - 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
