Corner Storefront Property with USPS
For Sale
Contact for pricing
Pending
45300 Portola Ave, Palm Desert, CA 92260
The freestanding building has housed a United States Postal Service location for more than five decades.
Property Size14,790 SF
Lot Size1.32 Acres
Days on Market421
Property Features for 45300 Portola Ave
General Information
Standard status
Pending
Size
14,790 SF
Total Parking Spaces
53
Lot size
1.32 Acres
Property subtype
Special Purpose
Zoning
CPS
Occupancy
100%
Lease Type
NNN
Additional Details
Corner Location
Yes
Building Details
Year Built
1970
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Pegasus Investments
(310) 969-1135
Listed By:
Daylin Ackerman · License #CA 02011508
Source:
Crexi
Added: Jul 7, 2025
Changed: Aug 30
Last Checked: Aug 30 at 8:31PM
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 Pegasus Investments
Investment Insights
Based on property information with market context.
The fee-simple property comprises a 14,790-square-foot storefront building on a 1.32-acre corner parcel. Constructed in 1970, the site is occupied by a United States Postal Service location that has operated there for more than 55 years. The property is zoned CPS and provides parking at a ratio exceeding 21 spaces per 1,000 square feet.
The parcel fronts Portola Avenue and El Paseo in Palm Desert, with Portola carrying 18,000 VPD and El Paseo carrying 5,500 VPD. Highway 111 is approximately one-half block away and carries 45,000 VPD. The surrounding corridor includes national retailers, luxury brands, and restaurants, while Palm Desert is served by approximately 530,000 permanent residents and more than 500,000 seasonal visitors annually.
The current modified-gross lease includes a recently executed 5-year extension and two additional 5-year renewal options, each providing 10% rent increases. The tenant is directly responsible for real estate taxes.
The parcel fronts Portola Avenue and El Paseo in Palm Desert, with Portola carrying 18,000 VPD and El Paseo carrying 5,500 VPD. Highway 111 is approximately one-half block away and carries 45,000 VPD. The surrounding corridor includes national retailers, luxury brands, and restaurants, while Palm Desert is served by approximately 530,000 permanent residents and more than 500,000 seasonal visitors annually.
The current modified-gross lease includes a recently executed 5-year extension and two additional 5-year renewal options, each providing 10% rent increases. The tenant is directly responsible for real estate taxes.
Key Highlights
- 1.32‑acre corner parcel at Portola Avenue and El Paseo
- 14,790‑square‑foot storefront building constructed in 1970
- United States Postal Service occupancy at the site for more than 55 years
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,251
Businesses Nearby
92k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 79%
Home Improvements & Furnishings 10%
Dining 6%
Apparel 5%
Tower Mart
Shops & Services
19,304 visits/mo
0.3 miles
Sinclair
Shops & Services
11,099 visits/mo
0.5 miles
AMPM
Shops & Services
10,339 visits/mo
0.3 miles
Palm Desert Ace Hardware
Home Improvements & Furnishings
8,422 visits/mo
0.2 miles
Wells Fargo
Shops & Services
8,108 visits/mo
0.1 miles
Demographics for 92260, CA
31,641
Population
21,659
Households
1.5
Avg Household Size
57
Median Age
38%
College-Educated
92%
High-School Grad
31.3 sq mi
ZIP Area
1,011
Density / Sq Mi
$72,252
Median Household Income
$41,810
Median Earnings
$1,654
Median Rent
$463,500
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Milan's Flowers and Gifts — 73540 CA-111 #1, Palm Desert, CA 92260
- Floris — 73647 CA-111, Palm Desert, CA 92260
- Dr. Orchid Floral Design — 74065 CA-111, Palm Desert, CA 92260
- Silverio's Flowers — 74065 CA-111, Palm Desert, CA 92260
- The Flower Company — 74210 CA-111 B, Palm Desert, CA 92260
Frequently Asked Questions
What type of property is this?
Storefront property - The freestanding building has housed a United States Postal Service location for more than five decades.
Where is this storefront property located?
The property is located at 45300 Portola Ave Palm Desert, CA.
What are key features of this property?
This property features: 1.32‑acre corner parcel at Portola Avenue and El Paseo; 14,790‑square‑foot storefront building constructed in 1970; United States Postal Service occupancy at the site for more than 55 years
