Freestanding Restaurant
For Sale
Contact for pricing
471 S Indian Canyon Dr, Palm Springs, CA 92262
Existing restaurant facility with prominent signage and on-site parking along a major commercial corridor.
Property Size4,503 SF
Price / SF$544.08
Days on Market279
Property Features for 471 S Indian Canyon Dr
General Information
Standard status
Active
Size
4,503 SF
Total Parking Spaces
20
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$246,000
Building Details
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Arbor Realty Capital Advisors
Listed By:
Josh Levy · License #CA 01068569
Source:
Crexi
Added: Nov 24, 2025
Changed: Aug 29
Last Checked: Aug 29 at 3:27PM
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 Arbor Realty Capital Advisors
Investment Insights
Based on property information with market context.
This freestanding restaurant property contains 4,503 SF and is currently occupied by IHOP under a short-term lease. The building includes prominent signage and ample on-site parking, supporting its current restaurant operation and visibility from the surrounding commercial corridor.
Located at 471 S Indian Canyon Dr in Palm Springs, the property fronts one of the city’s principal commercial routes, where reported daily traffic exceeds 32,000 vehicles. The surrounding trade area records average household income above $100,000 within 3 miles, while Palm Springs attracts millions of visitors annually. The tenant has indicated that an early lease termination may be possible, subject to further details.
Located at 471 S Indian Canyon Dr in Palm Springs, the property fronts one of the city’s principal commercial routes, where reported daily traffic exceeds 32,000 vehicles. The surrounding trade area records average household income above $100,000 within 3 miles, while Palm Springs attracts millions of visitors annually. The tenant has indicated that an early lease termination may be possible, subject to further details.
Key Highlights
- 4,503 SF freestanding restaurant building
- Current IHOP occupancy under a short‑term lease
- Tenant has indicated potential for early lease termination
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,896
Businesses Nearby
Under-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
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing restaurant facility with prominent signage and on-site parking along a major commercial corridor.
Where is this conventional restaurant located?
The property is located at 471 S Indian Canyon Dr Palm Springs, CA.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: 4,503 SF freestanding restaurant building; Current IHOP occupancy under a short‑term lease; Tenant has indicated potential for early lease termination
