Leased Retail Building For
72248 Varner Rd Thousand Palms, CA
For Sale
Contact for pricing
Freestanding, fully leased retail building available for purchase.
Property Size5,000 SF
Lot Size0.82 Acres
Price / SF$479.80
Days on Market317
Property Features for 72248 Varner Rd
General Information
Standard status
Active
Size
5,000 SF
Lot size
0.82 Acres
Property subtype
RETAIL
Properties For Sale
at 72248 Varner Rd Contact us
Listing Agency:
Lee & Associates
(714) 307-1250
Listed By:
John Martin · License #01346629
(714) 307-1250
Source:
Moodyscre
Added: Sep 17, 2025
Changed: Jul 6
Last Checked: Jul 21 at 8:50AM
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 Lee & Associates
Investment Insights
Based on property information with market context.
This is a freestanding retail building with a total area of 5,000 square feet. The property is currently fully leased.
Key Highlights
- Fully leased building, providing immediate income.
- Free standing building.
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 | $108.0k | $21.60 |
| − Vacancy | −$5.6k | −$1.12 |
| EGI | $102.4k | $20.48 |
| − OpEx | −$30.7k | −$6.14 |
| NOI | $71.7k | $14.33 |
5,000 SF · lease $21.60/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.02M
$895.9K – $1.19M
NOI $71,669 @ 7.0% cap · market cap 2.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $104,854 @ 7.0% cap · market cap 4.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Freestanding, fully leased retail building available for purchase.
Where is this retail space located?
The property is located at 72248 Varner Rd Thousand Palms, CA.
What is the asking price?
The asking price for this property is $2,399,000.
What are key features of this property?
This property features: Fully leased building, providing immediate income.; Free standing building.
