Palm Springs Retail
590 S INDIAN CYN DR Palm Springs, CA 92264
For Sale
Contact for pricing
5,924 SF retail space in Palm Springs, California.
Property Size5,924 SF
Price / SF$422.01
Days on Market72
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 Agency:
GSA Realty Advisors
Listed By:
Michael L. Johns, MBA · License #AZ 3607894
Source:
Crexi
Added: May 19
Changed: Jul 10
Last Checked: Jul 28 at 4:14PM
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.
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
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
NOI $124,231 @ 7.0% cap · market cap 4.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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.
