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Palm Springs Retail Space

590 S INDIAN CYN DR Palm Springs, CA 92264

590 S INDIAN CYN DR, Palm Springs, CA, 92264
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5,924 SF retail space in Palm Springs, California.

Property Size5,924 SF
Price / SF$422.01
AddedMay 19
Days on Market59
Last RefreshJul 15 at 1:04 pm

Property Features for 590 S INDIAN CYN DR

General Information

Standard status
Active
Size
5,924 SF
Property subtype
Retail

Building Details

Year Built
1995

Listing office GSA Realty Advisors

Listing date May 19, 2026

Source Crexi

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 GSA Realty Advisors


Investment Insights

Based on property information with market context.

This is a 5,924 square foot retail space located in Palm Springs, California. The property is zoned C1.

Key Highlights

  • 5,924 SF of retail space provides ample room for business operations.
  • Zoned C1, suitable for a variety of commercial uses.
  • Built in 1995, indicating relatively modern construction.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $128.0k $21.60
− Vacancy −$6.7k −$1.12
EGI $121.3k $20.48
− OpEx −$36.4k −$6.14
NOI $84.9k $14.33
5,924 SF · lease $21.60/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.21M
$1.06M – $1.42M (±1% cap)
NOI $84,913 @ 7.0% cap · market cap 3.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.77M
$1.55M – $2.07M (±1% cap)
NOI $124,231 @ 7.0% cap · market cap 4.97%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Leslie's (Bike/Boat/Book/etc) Store Leslie's Pro Commercial (Bike/Boat/Book/etc) Store

Suggested Use

Auto Parts Store Daycare Center Storage Facility Veterinary Clinic Grocery & Convenience Store Pet Grooming Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - 5,924 SF retail space in Palm Springs, California.
Where is this retail space located?
The property is located at 590 S INDIAN CYN DR 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: 5,924 SF of retail space provides ample room for business operations.; Zoned C1, suitable for a variety of commercial uses.; Built in 1995, indicating relatively modern construction.
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