72-705 Highway 111 Palm Desert, CA 92260

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Listing date Nov 22, 2025

Source Cbre

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Investment Insights

Based on property information with market context.

This retail property is situated in a highly visible location on Highway 111, which sees 33,218 cars per day. The property is located in the heart of Palm Desert's retail corridor and benefits from good local demographics, including excellent incomes and strong tourism numbers. The Coachella Valley attracts 14.1 million total annual visitors, with 2.6 million airport travelers annually, generating $5.9 billion in visitor spending and $7.5 billion in annual economic impact from tourism. Notable events include the Coachella Music Festival (750,000 attendees), the Palm Springs International Film Festival (135,000 attendees), the Stagecoach Music Festival (255,000 attendees), the BNP Paribas Open (475,372 attendees), and Palm Springs Modernism Week (150,000 attendees). Ross and Grocery Outlet are coming to the location mid 2023.

Key Highlights

• Highly visible location on Highway 111 with 33,218 CPD
• Premier location in the heart of Palm Desert's retail corridor
• Ross and Grocery Outlet Coming Mid 2023

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FAQs

What type of property is this?

Shopping center - Highly visible retail location in Palm Desert's retail corridor.

Where is this shopping center located?

The property is located at 72-705 Highway 111 Palm Desert, CA.

What are key features of this property?

This property features: Highly visible location on Highway 111 with 33,218 CPD; Premier location in the heart of Palm Desert's retail corridor; Ross and Grocery Outlet Coming Mid 2023