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72261 Highway 111 Palm Desert, CA 92260

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For Sale
$5,967,000

Retail space on major Coachella Valley thoroughfare, CA Hwy 111.

Property size:
19,123 SF
Lot size:
2.57 Acres

Property Features for 72261 Highway 111

General Information

Standard status
Active
Size
19,123 SF
Lot size
2.57 Acres

Building Details

Year built
1986

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Listing Contact
Richard Park
Source: Corcoran

Listing Agency: SYNERGY REAL ESTATE Listing Agent: Richard Park

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Palm Desert Retail on Highway

This retail space is located on a major thoroughfare, California Highway 111, throughout the Coachella Valley. It is situated within a daily needs center in the retail epicenter of the Coachella Valley, surrounded by a variety of boutiques, thrift stores, and major retailers. The property is located in the heart of Palm Desert, a hub for shopping, dining, and entertainment. Highway 111 is home to many of Palm Desert’s major retailers, including Target, Saks Off Fifth, Bed Bath and Beyond, Marshall’s, TJ Maxx, and Nordstrom Rack. Monterey Avenue, another popular thoroughfare, features shopping plazas and major retailers like Walmart, Sam’s Club, and Lowe’s. The location is considered affluent and is near country clubs, set against the backdrop of the San Jacinto Mountains. The Coachella Valley features over 150 golf courses, and home prices in the area range from $1 million to $40 million. The property size is 19123 square feet.
Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Spa & Massage Center Auto Repair Shop Dental Office Hair Salon Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Palm Desert
County
Riverside
State
California
Longitude
-116.402466
Latitude
33.727656

FAQs

What type of property is this?
Retail space - Retail space on major Coachella Valley thoroughfare, CA Hwy 111.
Where is this retail space located?
The property is located at 72261 Highway 111 Palm Desert, CA.
What is the asking price?
The asking price for this property is $5,967,000.
What are key features of this property?
This property features: - Prime street front retail location on CA Hwy 111, a major thoroughfare in Coachella Valley.; - Located in a daily needs center within a retail epicenter.; - Hub location for shopping, dining, and entertainment in Palm Desert.
More about this property
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