Rancho Mirage Retail/Education
34275 Monterey Ave, Rancho Mirage, CA 92270
Single-tenant building approved for education use in Rancho Mirage.
Type:Retail
Property size:
45,586 SFPrice / SF:
$208/SF- Added:
- Mar 10, 2026
- Days on Market:
- 64
- Last Refresh:
- Mar 19 at 10:25 pm
Property Features for 34275 Monterey Ave
General Information
- Standard status
- Active
- Size
- 45,586 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2003
Listing agent Sam Griffin, CCIM, CBI, NACREP License #RES#02235597
Listing office eXp Commercial LLC
Listing date Mar 10, 2026
Source Crexi
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 eXp Commercial LLC
HighLights
- NNN+CAM lease structure with a strong regional tenant (San Joaquin Valley College) provides stable income.
- Lease extends through January 2029 with 3% annual rent increases and a 3‑year extension option.
- Prime location in Monterey Marketplace, sharing traffic with major retailers like Home Depot and Regal Movie Theaters, and near Costco, Walmart, and the new Disney Cotino development.
- Building is uniquely approved for education use, occupied by an accredited trade school.
- Significant recent improvements including roof reconditioning (Dec 2025 with 10‑year warranty) and a new $595,000 HVAC system (2022).
- Zoned C‑C “Community Commercial,” allowing for a variety of uses including retail, restaurants, hotels, and entertainment.
Overview
Located in the Monterey Marketplace of Rancho Mirage, this single-tenant building is approved for education use and currently occupied by San Joaquin Valley College, an accredited trade school with 15 campuses in California. The lease structure is NNN+CAM, with the landlord responsible for roof and structure. The current lease runs through January 2029, featuring 3% annual rent increases, and includes one additional 3-year extension option at 95% of FMV. The property shares center traffic with retailers such as Home Depot, Regal Movie Theaters, and Pacific Sales, and is directly across the street from Costco and Walmart. It is also located less than 1 mile from the new Disney development, Cotino. Significant recent improvements to the property include roof reconditioning completed in December 2025 with a 10-year warranty, and a new $595,000 HVAC system installed in 2022. The property is zoned C-C, “Community Commercial,” intended for large, community-scale shopping centers and malls that can include large retail outlets, restaurants, hotels, and entertainment uses. The property size is 45586 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
SJVC Rancho Mirage
Technical School
Desert Saver CPR
Training Center
Location Insight
- Map
- Local Demand
- City
- Rancho Mirage
- County
- Riverside
- State
- California
- Longitude
- -116.3907519
- Latitude
- 33.7987993
Nearby Similar for Sale
FAQs
What type of property is this?
NNN property - Single-tenant building approved for education use in Rancho Mirage.
Where is this nnn property located?
The property is located at 34275 Monterey Ave Rancho Mirage, CA.
What is the asking price?
The asking price for this property is $9,499,000.
What are key features of this property?
This property features: NNN+CAM lease structure with a strong regional tenant (San Joaquin Valley College) provides stable income.; Lease extends through January 2029 with 3% annual rent increases and a 3‑year extension option.; **Prime location in Monterey Marketplace**, sharing traffic with major retailers like Home Depot and Regal Movie Theaters, and near Costco, Walmart, and the new Disney Cotino development.
