Multi-Tenant Industrial Flex
For Sale
$11,000,000
19345 - 19465 N Indian Canyon Drive, Palm Springs, CA 92262
Three-building industrial flex complex with ample parking and Indian Canyon Drive frontage for flexible bay users.
Property Size93,815 SF
Price / SF$117.25
Days on Market118
Property Features for 19345 - 19465 N Indian Canyon Drive
General Information
Standard status
Active
Size
93,815 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
93815
345431
Assessor
3
345430.8
Building Details
Building Size
93,815 SF
Year Built
1982
Buildings
3
Tenancy
Multi
Listed By:
Sharon Lucas
(760) 668-1148
Source:
Sharonlucas.idxbroker
Added: Jun 23
Changed: Oct 8
Last Checked: Oct 16 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 Sharon Lucas
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property is a three-building, multi-tenant industrial and commercial complex offered for sale or lease. Current tenants include Harley Davidson Motorcycles, EagleRider Motorcycle Rentals & Tours, Desert View Mirror & Glass, and Precision Patios, among others. Spaces range from approximately 726 SF up to 6,508 SF of contiguous space, with a total of 34,840 SF available for lease across the complex. The offering includes abundant onsite parking to support day-to-day customer and employee access.
Located just off I-10 at Indian Canyon Drive in Palm Springs, the complex provides approximately 513 feet of frontage on Indian Canyon Drive. It is described as less than one mile from Amazon’s new 650,000 SF distribution facility and FedEx Ground, and it is also close to Palm Springs International Airport.
This configuration is well suited for tenants seeking functional small- to mid-bay industrial and flex space within a multi-tenant setting. The availability of both smaller suites and larger contiguous areas allows operators to right-size their footprint while maintaining access to shared onsite parking. The property’s Indian Canyon Drive frontage can be an advantage for businesses that benefit from convenient visibility along a primary corridor.
Located just off I-10 at Indian Canyon Drive in Palm Springs, the complex provides approximately 513 feet of frontage on Indian Canyon Drive. It is described as less than one mile from Amazon’s new 650,000 SF distribution facility and FedEx Ground, and it is also close to Palm Springs International Airport.
This configuration is well suited for tenants seeking functional small- to mid-bay industrial and flex space within a multi-tenant setting. The availability of both smaller suites and larger contiguous areas allows operators to right-size their footprint while maintaining access to shared onsite parking. The property’s Indian Canyon Drive frontage can be an advantage for businesses that benefit from convenient visibility along a primary corridor.
Key Highlights
- 1982 three‑building industrial/commercial complex totaling 93,815 SF
- Indian Canyon Drive frontage with approx. 513 ft along the main road
- On‑site parking and available lease space from 726 SF up to 6,508 SF (contiguous space)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$935,478
Cap Rate
8.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$18,709,560
$18.7M
Cap Rate 7%
$13,363,971
$13.4M
Cap Rate 9%
$10,394,200
$10.4M
Market Conditions
NOI Build-Up for 93,815 SF
Gross rent
$1.17M $12.48/SF
− Vacancy
−$70.2K −$0.75/SF
EGI
$1.10M $11.73/SF
− OpEx
−$165.1K −$1.76/SF
NOI
$935.5K $9.97/SF
Area
Riverside County, CA
Vacancy
6.00%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$18,709,560
Cap Rate 7%
$13,363,971
Cap Rate 9%
$10,394,200
Alternative Uses
Best Use
Warehouse
$13.36M
$11.69M – $15.59M
NOI $935,478 @ 7.0% cap · market cap 8.50%
Second Best
Industrial
$11.01M
$9.63M – $12.84M
NOI $770,394 @ 7.0% cap · market cap 7.00%
Theoretical Best
Office A
$28.11M
$24.59M – $32.79M
NOI $1,967,377 @ 7.0% cap · market cap 17.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
227
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Three-building industrial flex complex with ample parking and Indian Canyon Drive frontage for flexible bay users.
Where is this flex space located?
The property is located at 19345 - 19465 N Indian Canyon Drive Palm Springs, CA.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: 1982 three‑building industrial/commercial complex totaling 93,815 SF; Indian Canyon Drive frontage with approx. 513 ft along the main road; On‑site parking and available lease space from 726 SF up to 6,508 SF (contiguous space)
