Prime Cathedral City Showroom/Retail
For Sale
$6,295,000
67615 East Palm Canyon Drive, Cathedral City, CA 92234
Renovated showroom/retail property with high traffic exposure in Cathedral City.
Property Size17,985 SF
Days on Market216
Property Features for 67615 East Palm Canyon Drive
General Information
Standard status
Active
Size
17,985 SF
Property subtype
Retail
Building Details
Building Size
17,985 SF
Year Built
1985
Listing Agency:
Coldwell Banker Commercial Lyle & Associates
Listed By:
Rob Wenthold · License #CalDRE #01153834
(760) 641-7602
Source:
Cbclyle
Added: Mar 5
Changed: Oct 6
Last Checked: Oct 7 at 9:33AM
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 Coldwell Banker Commercial Lyle & Associates
Investment Insights
Based on property information with market context.
Located at 67615 E. Palm Canyon Drive in Cathedral City, this renovated property is suitable for retail, showroom, or office use. The property features a fully paved private parking lot with approximately 72 spaces and a gated yard with direct access. Situated in a high-traffic area with approximately 49,000 cars per day, the location is near the Cathedral City Auto Center and the redesigned Downtown corridor, within walking distance of Target, Trader Joe's, and various antique, home furnishings, and consignment stores. The Class "A" property offers high visibility with large windows and a mezzanine level with designer-appointed offices. It is located on the south side of E. Palm Canyon Drive, between Golf Club Drive and Perez Road, in the heart of Cathedral City. The property was previously leased to Volvo/Infiniti, with the lease expiring on 11/30/22 and including a 5-year option term at market rate.
Key Highlights
- High‑traffic location (49,000 +/- cars per day) near Cathedral City Auto Center and Downtown corridor.
- Recently renovated Class "A" property with designer‑appointed offices on a mezzanine level.**
- Fully paved private parking lot with 72 +/- spaces and gated yard with direct access.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$257,793
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,155,860
$5.2M
Cap Rate 7%
$3,682,757
$3.7M
Cap Rate 9%
$2,864,367
$2.9M
Market Conditions
NOI Build-Up for 17,985 SF
Gross rent
$388.5K $21.60/SF
− Vacancy
−$20.2K −$1.12/SF
EGI
$368.3K $20.48/SF
− OpEx
−$110.5K −$6.14/SF
NOI
$257.8K $14.33/SF
Area
Riverside County, CA
Vacancy
5.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,155,860
Cap Rate 7%
$3,682,757
Cap Rate 9%
$2,864,367
Alternative Uses
Best Use
Retail
$3.68M
$3.22M – $4.30M
NOI $257,793 @ 7.0% cap · market cap 4.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.39M
$4.71M – $6.29M
NOI $377,160 @ 7.0% cap · market cap 5.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
406
Businesses Nearby
209k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 36%
Dining 25%
Shops & Services 20%
Groceries 15%
Target
Superstores
74,605 visits/mo
0.0 miles
Trader Joe's
Groceries
31,966 visits/mo
0.2 miles
El Pollo Loco
Dining
15,242 visits/mo
0.1 miles
McDonald's
Dining
14,061 visits/mo
0.1 miles
Starbucks
Dining
13,098 visits/mo
0.1 miles
Demographics for 92234, CA
51,509
Population
23,114
Households
2.2
Avg Household Size
42
Median Age
26%
College-Educated
81%
High-School Grad
14.8 sq mi
ZIP Area
3,480
Density / Sq Mi
$67,031
Median Household Income
$34,895
Median Earnings
$1,554
Median Rent
$420,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Carpet Empire Plus — 68307 E Palm Canyon Dr, Cathedral City, CA 92234
- Foothill Tile Inc — 36660 Cathedral Canyon Dr, Cathedral City, CA 92234
- Ocean View Interiors — 36660 bankside dr ste g, cathedral city, ca 92234
- Michael S Balian Inc — 67555 e palm canyon dr ste c113, cathedral city, ca 92234
- STONESHINE RESTORATION - Marble, Granite & Concrete Polishing, Sealing & Repair — 67782 E Palm Canyon Dr Ste B104, Cathedral City, CA 92234
Frequently Asked Questions
What type of property is this?
Showroom - Renovated showroom/retail property with high traffic exposure in Cathedral City.
Where is this showroom located?
The property is located at 67615 East Palm Canyon Drive Cathedral City, CA.
What is the asking price?
The asking price for this property is $6,295,000.
What are key features of this property?
This property features: High‑traffic location (49,000 +/- cars per day) near Cathedral City Auto Center and Downtown corridor.; Recently renovated Class "A" property with designer‑appointed offices on a mezzanine level.**; Fully paved private parking lot with 72 +/- spaces and gated yard with direct access.
