34660 Monterey Ave, Palm Desert, CA
Retail building in Palm Desert, former 99 Cents Only store.
- Added:
- Jun 4, 2025
- Days on Market:
- 373
- Last Refresh:
- May 20 at 9:11 pm
Property Features for 34660 Monterey Ave
General Information
- Standard status
- Active
- Size
- 21,323 SF
- Lot size
- 2.51 Acres
- Property subtype
- RETAIL
Listing agent Wally Courtney (714) 772-0602
Listing office Kott & Company (714) 772-0602
Listing date Jun 4, 2025
Source Moodyscre
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 Kott & Company
HighLights
- Retail building available
- Former 99cents Only store
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $460.6k | $21.60 |
| − Vacancy | −$23.9k | −$1.12 |
| EGI | $436.6k | $20.48 |
| − OpEx | −$131.0k | −$6.14 |
| NOI | $305.6k | $14.33 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Madison Workshop West — 73812 Dinah Shore Dr #0820, Palm Desert, CA 92211
- Sam's Club Floral — 34220 Monterey Ave, Palm Desert, CA 92211
Location Insight
- Map
- Local Demand
- City
- Palm Desert
- County
- Riverside
- State
- California
- Longitude
- -116.388
- Latitude
- 33.7962
