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Shopping Center Retail Space
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42420 Bob Hope Dr, Rancho Mirage, CA 92270

Retail space near Hobby Lobby, CVS, Wells Fargo, Starbucks, and In-N-Out Burger.

Space SizeContact for details
Property Size40,000 SF
Days on Market166

Property Features for 42420 Bob Hope Dr

General Information

Standard status Active
Size 40,000 SF
Property subtype Retail

Site & Location

Corner Location Yes
Anchor Co-Tenants Hobby Lobby, CVS, In-N-Out Burger, Wells Fargo, Starbucks
Highway Access Yes

Additional Details

Sublease Yes

Building Details

Building Size 40,000 SF
Tenancy Single
Listing Agency: The Clover Company
Listed By: Patrick Gilhooly · License #CA 01210372
Source: Crexi
Added: Mar 19 Changed: Aug 30 Last Checked: Aug 31 at 6:48PM

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 The Clover Company

Investment Insights

Based on property information with market context.

Retail space is available within the shopping center at 42420 Bob Hope Dr in Rancho Mirage, California. The center sits at the junction of Highway 111 and Bob Hope Drive, placing the property among an established mix of national and regional commercial operators.

Existing co-tenants include Hobby Lobby, CVS, Wells Fargo, Starbucks, and In-N-Out Burger, with drive-through operations at Starbucks and In-N-Out Burger. The center records more than 2.5 million customer visits annually, providing a substantial established customer base for businesses operating within the property.

Key Highlights

  • More than 2.5 million annual customer visits, according to Placer AI
  • Located at Highway 111 and Bob Hope Drive in Rancho Mirage, CA
  • Co‑tenancy includes Hobby Lobby, CVS, Wells Fargo, Starbucks, and In‑N‑Out Burger

Property Analytics

Current Use

Amazon Hub Locker ... Postal Service

Suggested Use

Top Pick Auto Parts Store HVAC Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Parking Lot & Garage Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,113
Businesses Nearby
115k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 53% Shops & Services 44% Apparel 2% Beauty & Spa 1%
Yard House Dining
38,601 visits/mo 0.2 miles
Hobby Lobby Shops & Services
26,257 visits/mo 0.1 miles
Dollar Tree Shops & Services
15,469 visits/mo 0.4 miles
Outback Steakhouse Dining
13,743 visits/mo 0.5 miles
Wells Fargo Shops & Services
8,698 visits/mo 0.2 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

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Town Center Plaza 44150 Town Center Way, Palm Desert, CA 92260
  • Palm Desert Las Sombras Village 72225 CA-111, Palm Desert, CA 92260
  • Waring Plaza 72210 CA-111, Palm Desert, CA 92260
  • The River at Rancho Mirage 71800 CA-111, Rancho Mirage, CA 92270

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space near Hobby Lobby, CVS, Wells Fargo, Starbucks, and In-N-Out Burger.
Where is this shopping center located?
The property is located at 42420 Bob Hope Dr Rancho Mirage, CA.
What are key features of this property?
This property features: More than 2.5 million annual customer visits, according to Placer AI; Located at Highway 111 and Bob Hope Drive in Rancho Mirage, CA; Co‑tenancy includes Hobby Lobby, CVS, Wells Fargo, Starbucks, and In‑N‑Out Burger
More about this property
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