Freestanding Office
72096 Adelaid St, Thousand Palms, CA 92276
For Sale
New
$1,125,000
Built in 2003, the property is offered through a corporate sale-leaseback, with the tenant willing to enter a long-term lease.
Property Size3,897 SF
Days on Market3
Property Features for 72096 Adelaid St
General Information
Standard status
Size
Property subtype
Building Details
Building Size
Year Built
Tenancy
Listed By:
Polo Doria, SIOR, GRI · License CA #00880756
(760) 834-6906
Source:
Lee-associates
Added: Nov 8
Last Checked: Nov 10 at 7:20AM
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 Polo Doria, SIOR, GRI
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding office building was constructed in 2003 and is offered as a corporate sale-leaseback. The existing tenant is willing to sign a long-term lease.
The property is located on Adelaid Street in Thousand Palms, California.
The property is located on Adelaid Street in Thousand Palms, California.
Key Highlights
- Freestanding office building
- Constructed in 2003
- Corporate sale‑leaseback; existing tenant willing to sign a long‑term lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,228
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,224,560
$1.2M
Cap Rate 7%
$874,686
$874.7K
Cap Rate 9%
$680,311
$680.3K
Market Conditions
NOI Build-Up for 3,897 SF
Gross rent
$89.3K $22.92/SF
− Vacancy
−$7.7K −$1.97/SF
EGI
$81.6K $20.95/SF
− OpEx
−$20.4K −$5.24/SF
NOI
$61.2K $15.71/SF
Area
Riverside County, CA
Vacancy
8.60%
Lease Rate
$22.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,224,560
Cap Rate 7%
$874,686
Cap Rate 9%
$680,311
Alternative Uses
Best Use
Office B
$874.7K
$765.4K – $1.02M
NOI $61,228 @ 7.0% cap · market cap 5.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,723 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
377
Businesses Nearby
Explore this area
Business Placement
Demographics for 92276, CA
7,953
Population
3,757
Households
2.1
Avg Household Size
44
Median Age
22%
College-Educated
86%
High-School Grad
37.0 sq mi
ZIP Area
215
Density / Sq Mi
$80,280
Median Household Income
$35,124
Median Earnings
$1,432
Median Rent
$260,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office buildings in Riverside County, CA
Properties on Market for Office buildings in Riverside County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Built in 2003, the property is offered through a corporate sale-leaseback, with the tenant willing to enter a long-term lease.
Where is this office building located?
The property is located at 72096 Adelaid St Thousand Palms, CA.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Freestanding office building; Constructed in 2003; Corporate sale‑leaseback; existing tenant willing to sign a long‑term lease
