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Rancho Mirage Former Bank Building
For Lease
Contact for pricing

71950 Highway 111, Rancho Mirage, CA 92270

Highly visible corner location with multi-suite configuration and ample parking.

Space Size1,700 SF - 2,300 SF
Property Size7,000 SF
Days on Market166

Property Features for 71950 Highway 111

General Information

Standard status Active
Size 1,700 SF - 2,300 SF
Property subtype Retail
Lease Term NNN $1.34/PSF

Building Details

Building Size 7,000 SF
Year Built 1994

Spaces For Lease

at 71950 Highway 111 Contact us

Suite 102 $2.15/SF/Mo

Size
1,700 SF
Type
Free Standing Building
Term
Negotiable
Contact us

Suite 103 $2.15/SF/Mo

Size
2,300 SF
Type
Free Standing Building
Term
Negotiable
Contact us
Listing Agency: Coldwell Banker Commercial Lyle & Associates
Listed By: Michael Lyle · License #CalDRE #02002995
Source: Cbclyle
Added: Mar 5 Changed: Aug 17 Last Checked: Aug 17 at 5:23AM

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.

The property is a former bank building that has been reconfigured into three separate suites. The north suite is currently occupied by Curo Vet. The building is located on the corner of Highway 111 and Bob Hope Drive in Rancho Mirage, in the center of the Coachella Valley. The location benefits from high visibility and accessibility, with approximately 67,500 cars passing by daily. The building has a prominent position on the corner and features ample parking. It is situated near other commercial and retail establishments. The location is suited for businesses seeking to capitalize on foot and vehicle traffic. The building has architecture that makes it a landmark in the area. The property is a multi-suite configuration with approximately 7,000 square feet. It is located on a signalized hard corner and has excellent visibility and signage. The property is adjacent to The River at Rancho Mirage and serves the Rancho Mirage and Palm Desert areas.

Key Highlights

  • Prime corner location at Highway 111 and Bob Hope Drive with high traffic count (±67,500 CPD).
  • Multi‑suite configuration offering flexibility for various users.
  • Established service tenant (Curo Vet) in the north suite.

Property Analytics

Current Use

Banks

Suggested Use

Top Pick Auto Parts Store HVAC Service Big Box & Wholesale Store Auto Repair Shop Storage Facility Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

1,104
Businesses Nearby
95k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 50% Shops & Services 37% Hotels & Casinos 8% Apparel 2%
Yard House Dining
38,601 visits/mo 0.1 miles
Hobby Lobby Shops & Services
26,257 visits/mo 0.1 miles
Wells Fargo Shops & Services
8,698 visits/mo 0.1 miles
Dickey's Barbecue Pit Dining
4,680 visits/mo 0.1 miles
Hilton Garden Inn Palm Springs/Rancho Mirage Hotels & Casinos
4,416 visits/mo 0.5 miles

Demographics for 92270, CA

16,999
Population
14,936
Households
1.1
Avg Household Size
66
Median Age
47%
College-Educated
95%
High-School Grad
25.6 sq mi
ZIP Area
664
Density / Sq Mi
$109,943
Median Household Income
$60,084
Median Earnings
$1,575
Median Rent
$747,800
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Bank - Highly visible corner location with multi-suite configuration and ample parking.
Where is this bank located?
The property is located at 71950 Highway 111 Rancho Mirage, CA.
What are key features of this property?
This property features: Prime corner location at Highway 111 and Bob Hope Drive with high traffic count (±67,500 CPD).; Multi‑suite configuration offering flexibility for various users.; Established service tenant (Curo Vet) in the north suite.
More about this property
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