Rancho Mirage Retail/Education
For Sale
$9,000,000
34275 Monterey Ave, Rancho Mirage, CA 92270
Single-tenant building approved for education use in Rancho Mirage.
Property Size3 SF
Price / SF$3,000,000
Days on Market201
Property Features for 34275 Monterey Ave
General Information
Standard status
Active
Size
3 SF
Zoning
C-C
Listing Agency:
eXp Commercial | Kentucky
Listed By:
Sam Griffin, CCIM, CBI, NACREP · License #207824
(502) 640-3622
Source:
Expcommercial
Added: Mar 10
Changed: Sep 24
Last Checked: Sep 26 at 3:27AM
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 | Kentucky
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
402
Businesses Nearby
371k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 65%
Shops & Services 12%
Apparel 11%
Dining 10%
Walmart
Superstores
138,823 visits/mo
0.4 miles
Sam's Club
Superstores
102,976 visits/mo
0.5 miles
Kohl's
Apparel
39,055 visits/mo
0.5 miles
Del Taco
Dining
15,222 visits/mo
0.3 miles
PetSmart
Shops & Services
12,967 visits/mo
0.4 miles
Demographics for 92270, CA
16,999
Population
14,936
Households
1.1
Avg Household Size
66
Median Age
47%
College-Educated
95%
High-School Grad
25.6 sq mi
ZIP Area
664
Density / Sq Mi
$109,943
Median Household Income
$60,084
Median Earnings
$1,575
Median Rent
$747,800
Median Home Value
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
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 $9,000,000.
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.
