401 E Tahquitz Canyon Way Palm Springs, CA 92262

Building Details

Year Built

1985

Listing office LARRY STRONG COMMERCIAL REAL E l***@yahoo.com Show Phone

Listing date Nov 28, 2025

Source Elliman

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 LARRY STRONG COMMERCIAL REAL E

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Investment Insights

Based on property information with market context.

The NOIA Building, anchored by Sherman's Deli & Bakery, features a variety of retail, service, and real estate businesses. The property has been completely remodeled and redecorated, with a recent exterior repaint. Tenants benefit from high-speed internet and paid utilities, excluding phone service. Management and security are included. The property is currently 100% occupied. Located in the heart of Palm Springs, the NOIA building is one block from the new downtown City Center, the Spa Hotel & Casino, the Hard Rock Hotel, and the Palm Springs Convention Center. Ample on-site parking is available. Owner financing is available, and trades are accepted. The property is on leased land, with 35 years remaining on the lease.

Key Highlights

• High Cap Rate of 8.9%
• Seller Financing Available and Trades Accepted
• 100% Occupancy

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FAQs

What type of property is this?

Shopping center - Fully occupied retail building near Palm Springs City Center.

Where is this shopping center located?

The property is located at 401 E Tahquitz Canyon Way Palm Springs, CA.

What is the asking price?

The asking price for this property is $2,500,000.

What are key features of this property?

This property features: High Cap Rate of 8.9%; Seller Financing Available and Trades Accepted; 100% Occupancy