Palm Springs Retail Building For
For Sale
$2,500,000
Pending
401 E Tahquitz Canyon Way, Palm Springs, CA 92262
Fully occupied retail building near Palm Springs City Center.
Property SizeContact for details
Days on Market365
Property Features for 401 E Tahquitz Canyon Way
General Information
Standard status
Pending
Property subtype
Commercial/Industrial
Building Details
Year Built
1985
Listing Agency:
Larry Strong Commercial Real E
(949) 735-7143
Listed By:
Larry Strong · License #00188261
(949) 735-7143
Source:
Exitrealty
Added: Aug 31, 2025
Changed: Aug 25
Last Checked: Aug 29 at 8:04AM
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
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
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,366
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92262, CA
26,593
Population
19,940
Households
1.3
Avg Household Size
54
Median Age
42%
College-Educated
93%
High-School Grad
35.1 sq mi
ZIP Area
758
Density / Sq Mi
$70,514
Median Household Income
$42,940
Median Earnings
$1,420
Median Rent
$600,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
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
