Building Details

Year built 1986

Listing Agency: Synergy Real Estate · Realty ONE Group a***@angelandpatty.com Show Phone

Listed By: Richard Park · License #01303893 Show Phone

Added: Nov 6, 2025 Changed: Aug 26 Last Checked: Sep 20 at 3:06PM

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MLS# PW25255265

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This shopping center is positioned at 72261 Highway 111 in Palm Desert, with street-front retail exposure along California Highway 111. The property was built in 1986 and includes central air conditioning.

The surrounding commercial setting includes boutiques, thrift stores, dining, entertainment, and major retailers. Nearby national and regional shopping destinations named in the property information include Target, Saks Off Fifth, Bed Bath & Beyond, Marshall's, TJ Maxx, Nordstrom Rack, Walmart, Sam's Club, and Lowe's. Monterey Avenue, another established retail corridor, is also identified in the surrounding area.

The property is located in Palm Desert within the Coachella Valley and Riverside County, California.

Key Highlights

• Street‑front retail along California Highway 111
• Central air conditioning
• Built in 1986

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Auto Parts Store HVAC Service Big Box & Wholesale Store Auto Repair Shop Storage Facility Building Supply

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

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

1,617

Businesses Nearby

625k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Apparel 31% Groceries 22% Superstores 16% Dining 12%

Target Superstores

101,741 visits/mo 0.3 miles

Macy's Apparel

88,628 visits/mo 0.4 miles

Whole Foods Market Groceries

41,499 visits/mo 0.2 miles

Walmart Neighborhood Market Groceries

37,106 visits/mo 0.1 miles

Nordstrom Rack Apparel

33,418 visits/mo 0.2 miles

Demographics for 92260, CA

31,641

Population

21,659

Households

1.5

Avg Household Size

57

Median Age

38%

College-Educated

92%

High-School Grad

31.3 sq mi

ZIP Area

1,011

Density / Sq Mi

$72,252

Median Household Income

$41,810

Median Earnings

$1,654

Median Rent

$463,500

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

Questions? Ask Rey

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What type of property is this? Where is this shopping centers located? What is the asking price? Find similar properties What are key features of this property?

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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?

Shopping center - Central air conditioning serves this retail property along a prominent commercial corridor.

Where is this shopping center 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: Street‑front retail along California Highway 111; Central air conditioning; Built in 1986