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Corner Restaurant Space
New
For Lease
$15,275/Mo

707 N Palm Canyon Drive, Palm Springs, CA 92262

Outdoor dining areas, existing FF&E, and shared parking support restaurant operations.

Space SizeContact for details
Property Size4,700 SF
Days on Market4

Property Features for 707 N Palm Canyon Drive

General Information

Standard status Active
Size 4,700 SF

Amenities

Unassigned, Parking Lot, On Site
Other, Lighting

Building Details

Building Size 4,700 SF
Year Built 1962
Listing Agency: Realty Trust
Listed By: Luca Volpe · License #02037333
Source: Evrealestate
Added: Oct 30 Changed: Nov 1 Last Checked: Nov 1 at 4:21AM

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 Realty Trust

Rey
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Investment Insights

Based on property information with market context.

This restaurant space spans approximately 4,700 square feet in the Turonnet Building, completed in 1962 and designed by John Porter Clark and Albert Frey. Outdoor dining areas include heaters and a misting system. Existing furniture, fixtures, and equipment are included, and the lease structure is modified net.

The property occupies a corner in Palm Springs’ Uptown Design District, among restaurants, galleries, shops, and hospitality destinations. The site has 38 shared parking spaces and is located along an established dining corridor with foot traffic.

Key Highlights

  • Approximately 4,700 square feet of restaurant space
  • Turonnet Building, designed by John Porter Clark and Albert Frey; built in 1962
  • Corner location in Palm Springs’ Uptown Design District

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

TRIO Catering Take-out & Catering Trio Restaurant Restaurant Liquid Catering Take-out & Catering

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Storage Facility HVAC Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$5.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,036
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Outdoor dining areas, existing FF&E, and shared parking support restaurant operations.
Where is this conventional restaurant located?
The property is located at 707 N Palm Canyon Drive Palm Springs, CA.
What is the lease rate?
The lease rate is $15,275/Mo.
What are key features of this property?
This property features: Approximately 4,700 square feet of restaurant space; Turonnet Building, designed by John Porter Clark and Albert Frey; built in 1962; Corner location in Palm Springs’ Uptown Design District
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