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Grocery-Anchored Shopping Center

73583-73547 Hwy 111, Palm Desert, CA 92260

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Jensen's Finest Foods anchors the center alongside national and regional retailers.

Space Size1,397 SF - 3,003 SF
Days on Market41

Property Features for 73583-73547 Hwy 111

General Information

Standard status Active
Size 1,397 SF - 3,003 SF
Property subtype Retail, Restaurant

Spaces For Lease

at 73583-73547 Hwy 111 Contact us

73-609 Hwy 111 Active

Size 1,397 SF
Contact us

73-613 Hwy 111 Active

Size 3,003 SF
Contact us
Listing Agency: Newmark Pacific Downtown LA
Listed By: Steve Bernier · License CA #02241836
Source: Crexi
Added: Oct 5 Changed: Nov 8 Last Checked: Nov 12 at 7:42AM

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 Newmark Pacific Downtown LA

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Investment Insights

Based on property information with market context.

Jensen's Shopping Center is a retail property with Jensen's Finest Foods as its grocery anchor, complemented by national and regional retailers. The property is at 73583-73547 Hwy 111 in Palm Desert, California.

Across from The Gardens on El Paseo and Hotel Paseo, the center is near El Paseo Drive's concentration of more than 300 shops, boutiques, jewelers, and restaurants. The Coachella Valley draws over 5 million tourists, whose spending exceeds $4 billion, and its population rises by approximately 40% with seasonal arrivals.

Key Highlights

  • Anchored by Jensen's Finest Foods, with national and regional retailers
  • Across from The Gardens on El Paseo and Hotel Paseo
  • Near El Paseo Drive, home to more than 300 shops, boutiques, jewelers, and restaurants

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Storage Facility Parking Lot & Garage Electrical Service

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,298
Businesses Nearby
145k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 40% Groceries 39% Hotels & Casinos 11% Shops & Services 10%
Albertsons Groceries
39,483 visits/mo 0.3 miles
Sprouts Farmers Market Groceries
16,465 visits/mo 0.0 miles
Starbucks Dining
12,132 visits/mo 0.2 miles
Del Taco Dining
12,126 visits/mo 0.2 miles
Panda Express Dining
11,168 visits/mo 0.3 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

Properties on Market for Shopping centers in Palm Desert

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Similar Off Market Nearby

  • Tuncay — 45330, 45200 Sunset Ln, Palm Desert, CA 92260
  • The Village at Indian Wells — 74895 CA-111, Indian Wells, CA 92210
  • Recycling Machines — 74590 ca-111, palm desert, ca 92260
  • Coinstar Kiosk - Bitcoin ATM — Albertsons, 74590 CA-111, Palm Desert, CA 92260
  • Town Square Planning, Inc. — 44595 san onofre ave, palm desert, ca 92260

Frequently Asked Questions

What type of property is this?
Shopping center - Jensen's Finest Foods anchors the center alongside national and regional retailers.
Where is this shopping center located?
The property is located at 73583-73547 Hwy 111 Palm Desert, CA.
What are key features of this property?
This property features: Anchored by Jensen's Finest Foods, with national and regional retailers; Across from The Gardens on El Paseo and Hotel Paseo; Near El Paseo Drive, home to more than 300 shops, boutiques, jewelers, and restaurants
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