Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Rancho Mirage Professional Office Space Title is generated by Realmo AI

    35900 Bob Hope Dr Rancho Mirage, Rancho Mirage, CA 92270

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1.40 SF/Yr

    Professional office space in Rancho Mirage Professional Plaza for lease.

    Type:Office
    Added:
    Sep 25, 2025
    Days on Market:
    236
    Last Refresh:
    Apr 5 at 9:19 pm

    Property Features for 35900 Bob Hope Dr Rancho Mirage

    General Information

    Standard status
    Active
    Property subtype
    Office

    Spaces For Lease

    at 35900 Bob Hope Dr Rancho Mirage Contact us

    We can help!

    Listing Contact
    Dave Rapp
    Dave Rapp

    Listing agent Dave Rapp License #CalDRE #01715126

    Listing office

    Listing date Sep 25, 2025

    Source Lee-associates

    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 Dave Rapp

    HighLights

    • Ideal for professional services such as Accountants, Attorneys, Financial Management, and Insurance providers.
    • Conveniently located within Rancho Mirage Professional Plaza with easy I‑10 access.
    • Features 6 private offices, a conference room, reception area, and private restroom.
    • Dedicated IT server room with AC.
    • Kitchen/break area.
    • Covered reserved parking.

    Overview

    This professional office space is suitable for various uses, including accountants, attorneys, wealth/financial management firms, and insurance companies. The layout includes 6 offices, a conference room, a reception area, a private restroom, a kitchen/break area, and an IT server room with dedicated AC. Tile flooring is present throughout the space. The property is located within the Rancho Mirage Professional Plaza, which offers professional management and covered parking with reserved spaces. It is centrally located with easy access to I-10 and is minutes from the Disney Cotino Residential Project.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nina Maw Maw Pediatrician Hyung Jin Lee Dental Office Dr. David Sanchez Dental Office Regina Epp Physician Lilia Lopez Pediatrician

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rancho Mirage
    County
    Riverside
    State
    California
    Longitude
    -116.405
    Latitude
    33.7899

    Nearby Similar for Lease

    • $2 SF/Yr
      7,000 SF

      Rancho Mirage Former Bank Building

      Highly visible corner location with multi-suite configuration and ample parking.
      71950 Highway 111, Rancho Mirage, CA 92270
      View Details
    • $1.50 SF/Yr
      10,880 SF

      Rancho Mirage Retail Space Available

      Retail space in Rancho Mirage with distinctive architecture and parking.
      72-116 Highway 111, Rancho Mirage, CA 92270
      View Details
    • $1.95 SF/Yr
      5,858 SF

      Move-in Ready Office Space

      Well-maintained office space with covered parking and central valley location.
      41750 Rancho Las Palmas Dr, Building F, Rancho Mirage, CA 92270
      View Details
    • $1,100/Mo
      12,967 SF

      Rancho Mirage Retail/Office Space

      Available retail or office space in Rancho Mirage, California.
      69550 Highway 111, Rancho Mirage, CA 92270
      View Details
    • $1.50 SF/Yr
      12,125 SF

      Rancho Mirage Office Space Available

      Improved office suites for rent in a prime location.
      69-730 Highway 111, Rancho Mirage, CA 92270
      View Details
    • $22 SF/Yr
      2,315 SF

      Turnkey Office Suite in Rancho

      Turnkey office suite in Rancho Mirage's prestigious Magnesia Falls Plaza.
      72140 Magnesia Falls Dr, Rancho Mirage, CA 92270
      View Details
    • $1.40 SF/Yr
      49,000 SF

      Rancho Mirage Office Space Available

      Office space available for lease in Rancho Mirage, California.
      35-800 Bob Hope Dr., Rancho Mirage, CA 92270
      View Details
    • Contact for pricing
      63,909 SF

      Rancho Mirage Regal Theater Opportunity

      Purpose-built theater for lease, potential for alternative uses.
      72777 Dinah Shore Drive, Rancho Mirage, California
      View Details
    • $2 SF/Yr

      Highway 111 Retail Space

      Retail space on Highway 111 near The River.
      71680 Highway 111, Rancho Mirage, CA 92270
      View Details
    • $3 SF/Yr
      112,953 SF

      Rancho Mirage Neighborhood Retail Space

      Neighborhood center retail space with established tenants, great access.
      40-101 Monterey Ave. | Rancho Mirage, CA 92270, CA 92270
      View Details
    • Contact for pricing
      25,082 SF

      Rancho Mirage Retail Space Available

      25,082 SF retail space in The River Shopping Center.
      71800 CA-111, Rancho Mirage, CA, 92270
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail property available for lease in Rancho Mirage, CA.
      NEC Bob Hope & Ramon, Rancho Mirage, CA, 92270
      View Details

    FAQs

    What type of property is this?
    Office units - Professional office space in Rancho Mirage Professional Plaza for lease.
    Where is this office units located?
    The property is located at 35900 Bob Hope Dr Rancho Mirage Rancho Mirage, CA.
    What is the lease rate?
    The lease rate is $1.40 SF/Yr.
    What are key features of this property?
    This property features: Ideal for professional services such as Accountants, Attorneys, Financial Management, and Insurance providers.; Conveniently located within Rancho Mirage Professional Plaza with easy I‑10 access.; Features 6 private offices, a conference room, reception area, and private restroom.
    (760) 346-2570
    We can help!
    Listing Contact
    Dave Rapp
    Dave Rapp
    Real Estate License ID: CalDRE #01715126
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    35900 Bob Hope Dr | Rancho Mirage, CA 92270, CA 92270
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!