Street-Front Retail
For Sale
$5,967,000
72261 Highway 111, Palm Desert, CA 92260
SINGLE_FAMILY - Palm Desert, CA
Property SizeContact for details
Days on Market283
Property Features for 72261 Highway 111
General Information
Property type
Residential
Property subtype
Retail
Directions
Google map
Subdivision
699 - Not Defined
Standard status
Active
APN
640020055
Taxes and HOA fees
Tax Year
2025
Utilities
Cooling system
Central Air
Building Details
Year built
1986
Listing Agency:
Synergy Real Estate · Realty ONE Group
(562) 696-6515
Listed By:
Richard Park · License #01303893
(949) 892-0822
Added: Nov 6, 2025
Changed: Jul 6
Last Checked: Aug 16 at 10:06PM
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 street-front retail center is positioned for daily convenience shopping along a major thoroughfare throughout the Coachella Valley. Public remarks describe it as a Daily Needs Center located in a retail epicenter, with an existing mix of boutiques and thrift-focused offerings alongside major retail tenants.
The property is located on Highway 111 in Palm Desert. The remarks also note Highway 111 as home to multiple major retailers, including Target, Saks Off Fifth, Bed Bath and Beyond, Marshall’s, TJ Maxx, and Nordstrom Rack. In the same discussion, Monterey Avenue is described as another shopping corridor with retailers including Walmart, Sam’s Club, and Lowe’s.
The surrounding area is characterized in the remarks as an affluent country club location with the San Jacinto Mountains as a backdrop, and the Coachella Valley is described as having over 150 golf courses. The remarks also state that home prices in the area span from $1M to $40M.
The property is located on Highway 111 in Palm Desert. The remarks also note Highway 111 as home to multiple major retailers, including Target, Saks Off Fifth, Bed Bath and Beyond, Marshall’s, TJ Maxx, and Nordstrom Rack. In the same discussion, Monterey Avenue is described as another shopping corridor with retailers including Walmart, Sam’s Club, and Lowe’s.
The surrounding area is characterized in the remarks as an affluent country club location with the San Jacinto Mountains as a backdrop, and the Coachella Valley is described as having over 150 golf courses. The remarks also state that home prices in the area span from $1M to $40M.
Key Highlights
- Street‑front retail on a major thoroughfare in the Coachella Valley along CA Hwy 111
- Central air and cooling provided; year built 1986
- Daily Needs Center located in a retail epicenter in the heart of the Coachella Valley
Property Analytics
Property Profile
Current Use
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
Questions? Ask Rey
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Similar Off Market Nearby
- Palms to Pines West Shopping Center — 72740 El Paseo, Palm Desert, CA 92260
- United Commercial Realty — 72351 Painters Path, Palm Desert, CA 92260
- Sunglass Hut at Macy's — 72-780 CA-111, Palm Desert, CA 92260
- The Shops on El Paseo — 73-061 El Paseo, Palm Desert, CA 92260
- The Shops at Palm Desert — 72-840 CA-111, Palm Desert, CA 92260
Frequently Asked Questions
What type of property is this?
Shopping center - Street-front retail on a major thoroughfare in the Coachella Valley, anchored by a daily needs retail center.
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 on a major thoroughfare in the Coachella Valley along CA Hwy 111; Central air and cooling provided; year built 1986; Daily Needs Center located in a retail epicenter in the heart of the Coachella Valley
