Multi-Tenant Flex
For Sale
$11,000,000
19345 - 19465 N Indian Canyon Drive, Palm Springs, CA 92262
Commercial Sale, Palm Springs, CA
Property Size93,815 SF
Lot Size7.93 Acres
Price / SF$117.25
Days on Market124
Property Features for 19345 - 19465 N Indian Canyon Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
331 - Palm Springs North End
Standard status
Active
APN
666330051
Size
93,815 SF
Lot size
7.93 Acres
Building Details
Year built
1982
Floors in Building
1
Number of units
35
Listing Agency:
Desert Pacific Properties
Listed By:
Susan Harvey
(760) 360-8200
Added: Jun 19
Changed: Oct 3
Last Checked: Oct 20 at 10:06PM
MLS# 219149470
Copyright © 2026 California Desert Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 93,815 SF flex property comprises three buildings constructed in 1982, with a multi-tenant configuration suited to industrial and commercial operations. Existing occupants include Harley Davidson Motorcycles, EagleRider Motorcycle Rentals & Tours, Desert View Mirror & Glass, and Precision Patios. The property is offered for sale or lease, with 33,150 SF available across spaces ranging from 726 SF to 6,508 SF of contiguous area.
The complex fronts Indian Canyon Drive with approximately 513 feet of frontage and provides abundant on-site parking. It sits just off I-10 at Indian Canyon Drive, less than one mile from Amazon’s 650,000 SF distribution facility and FedEx Ground. Palm Springs International Airport is also nearby.
The complex fronts Indian Canyon Drive with approximately 513 feet of frontage and provides abundant on-site parking. It sits just off I-10 at Indian Canyon Drive, less than one mile from Amazon’s 650,000 SF distribution facility and FedEx Ground. Palm Springs International Airport is also nearby.
Key Highlights
- 93,815 SF total building area across three structures
- 33,150 SF available for lease, with suites from 726 SF to 6,508 SF contiguous
- Approximately 513 feet of frontage on Indian Canyon Drive
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.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway 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
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Three-building commercial complex with abundant on-site parking and established multi-tenant occupancy.
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: 93,815 SF total building area across three structures; 33,150 SF available for lease, with suites from 726 SF to 6,508 SF contiguous; Approximately 513 feet of frontage on Indian Canyon Drive
