Cannabis Retail Building with
For Sale
Contact for pricing
296 S Palm Canyon Dr, Palm Springs, CA 92262
Rehabilitated two-story property with expansive customer areas, offices, employee amenities, and a distinctive repurposed bank vault.
Property SizeContact for details
Days on Market140
Property Features for 296 S Palm Canyon Dr
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Lucrum Real Estate Group
(818) 581-5829
Listed By:
Matt Freedman · License #CA 01487954
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 3:35PM
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 Lucrum Real Estate Group
Investment Insights
Based on property information with market context.
Located at 296 S. Palm Canyon Drive, this two-story cannabis retail property contains 16,200± square feet on a 20,038±-square-foot parcel. The building was constructed in 1973 and has undergone extensive rehabilitation, including replacement of major systems, fire protection, interior and exterior sprinklers, and a complete interior remodel. The main level features an open customer area, two executive offices, restrooms, storage, cathedral ceilings, exposed rafters, and skylights. The original bank vault remains and is currently used as a gaming room.
The upper level is accessible by stairs or elevator and includes a full kitchen, breakroom, podcasting area, lounges, gaming rooms, executive offices, and outdoor patio access. The property is currently occupied by Four Twenty The Bank under an NNN lease with annual increases and three three-year extension options. It can also be delivered vacant. Reserved parking includes 44 spaces in the adjoining city parking structure, with additional spaces available under an agreement with the city and owner.
The upper level is accessible by stairs or elevator and includes a full kitchen, breakroom, podcasting area, lounges, gaming rooms, executive offices, and outdoor patio access. The property is currently occupied by Four Twenty The Bank under an NNN lease with annual increases and three three-year extension options. It can also be delivered vacant. Reserved parking includes 44 spaces in the adjoining city parking structure, with additional spaces available under an agreement with the city and owner.
Key Highlights
- 16,200± square feet in a two‑story building on a 20,038±-square‑foot parcel
- Current cannabis retail occupant: Four Twenty The Bank
- 1973 construction with extensive recent rehabilitation and complete interior remodeling
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,215
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?
Cannabis property - Rehabilitated two-story property with expansive customer areas, offices, employee amenities, and a distinctive repurposed bank vault.
Where is this cannabis property located?
The property is located at 296 S Palm Canyon Dr Palm Springs, CA.
What are key features of this property?
This property features: 16,200± square feet in a two‑story building on a 20,038±-square‑foot parcel; Current cannabis retail occupant: Four Twenty The Bank; 1973 construction with extensive recent rehabilitation and complete interior remodeling
