Retail Space for
707-745 N Palm Canyon Drive Palm Springs, CA 92262
707-745 N Palm Canyon Drive, Palm Springs, CA, 92262
$4,400,000
For Sale
$4,400,000
Retail property offered for sale at 707-745 N Palm Canyon Drive in Palm Springs.
Property Size8,830 SF
Price / SF$498.30
Days on Market189
Property Features for 707-745 N Palm Canyon Drive
General Information
- Standard status
- Active
- Size
- 8,830 SF
Building Details
- Year Built
- 1962
Listing agency
(760) 808-3756
Listed by
Luca Volpe · License #02037333
(760) 808-3756
Source
Evrealestate
Added: Jan 14 Updated: Jul 20 at 8:18PM Checked: Jul 22 at 7:08AM
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 Luca Volpe
Investment Insights
Based on property information with market context.
This offering presents a retail space for sale located at 707-745 N Palm Canyon Drive in Palm Springs, CA 92262, within Riverside County. The property totals 8,830 square feet and is positioned as a dedicated retail asset for prospective buyers and tenants evaluating acquisition or occupancy opportunities.
The address provides a straightforward, street-level retail format on N Palm Canyon Drive, supporting access for day-to-day customer traffic. With a single listed retail configuration and a defined building size, the property can be reviewed as-is for fit and operating needs.
Please note that additional details such as current tenant status, suite configuration, or specific property improvements were not provided with this listing, so due diligence on the interior layout and condition will be important.
The address provides a straightforward, street-level retail format on N Palm Canyon Drive, supporting access for day-to-day customer traffic. With a single listed retail configuration and a defined building size, the property can be reviewed as-is for fit and operating needs.
Please note that additional details such as current tenant status, suite configuration, or specific property improvements were not provided with this listing, so due diligence on the interior layout and condition will be important.
Key Highlights
- Retail property for sale at 707‑745 N Palm Canyon Drive, Palm Springs
- Built in 1962
- Central heating and forced‑air heating
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 | $190.7k | $21.60 |
| − Vacancy | −$9.9k | −$1.12 |
| EGI | $180.8k | $20.48 |
| − OpEx | −$54.2k | −$6.14 |
| NOI | $126.6k | $14.33 |
8,830 SF · lease $21.60/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.81M
$1.58M – $2.11M
NOI $126,567 @ 7.0% cap · market cap 2.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.65M
$2.31M – $3.09M
NOI $185,172 @ 7.0% cap · market cap 4.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail property offered for sale at 707-745 N Palm Canyon Drive in Palm Springs.
Where is this retail space located?
The property is located at 707-745 N Palm Canyon Drive Palm Springs, CA.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: Retail property for sale at 707‑745 N Palm Canyon Drive, Palm Springs; Built in 1962; Central heating and forced‑air heating
