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Fully Leased Retail Investment Opportunity
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Pending

73750 El Paseo, Palm Desert, CA 92260

Multi-tenant retail property in Palm Desert's affluent shopping district.

Property Size5,604 SF
Lot Size0.24 Acres
Days on Market395

Property Features for 73750 El Paseo

General Information

Standard status Pending
Size 5,604 SF
Class A
Lot size 0.24 Acres
Property subtype Retail
Occupancy 100%
Lease Type Modified Gross
Investment Type Value Add
Net Operating Income $179,268

Building Details

Year Built 2010
Buildings 1
Stories 1
Units 4
Tenancy Multi
Listing Agency: CBRE - Ontario
Listed By: Pablo Rodriguez · License #CA 01870757
Source: Crexi
Added: Jul 15, 2025 Changed: Aug 8 Last Checked: Aug 12 at 8:23AM

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 CBRE - Ontario

Investment Insights

Based on property information with market context.

This fully leased multi-tenant retail property is located at 73750 El Paseo, Palm Desert, California. Constructed in 2010, the 5,604-square-foot building sits on a 0.24-acre parcel in the Coachella Valley’s shopping district. The property features four retail tenants: The Libation Room, Earth Spirits Boutique, Robann’s Jewelers, and Dishwater Blonde Salon. The tenants have occupied the property for over 10 years. The property is located within one block of the Gardens Shopping Center and is surrounded by restaurants and jewelry stores, including Thai Smile, Ristoranti, Mamma Gina, Pizza Vino, Cafe Des Beaux-Arts, Sweet Basil, Leeds & Sons, and Brandon Boswell Diamonds. The facade incorporates architectural elements that blend modern design with the classic charm of the El Paseo district. The city has remodeled the rear parking lot in the last two years, providing parking for tenants and customers. The parking lot supports business activity from Pete Carlson’s, Keedy’s, Casuelas Café, and Koutouki Greek Estiatorio.

Key Highlights

  • Located in the Coachella Valley’s most walkable and affluent shopping district on El Paseo.
  • Fully leased multi‑tenant retail property with significant rental upside potential.
  • All tenants have occupied the property for over 10 years, indicating stability.

Property Analytics

Current Use

Robann's Jewelers (Bike/Boat/Book/etc) Store Libation Room Bar & Pub Dishwater Blonde Salon Hair Salon Earth Spirits Clothing Store

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Storage Facility Grocery & Convenience Store Veterinary Clinic 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.

Location Intelligence

Trade Area within ½ mile

2,351
Businesses Nearby
106k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 69% Dining 18% Home Improvements & Furnishings 9% Apparel 4%
Tower Mart Shops & Services
19,304 visits/mo 0.3 miles
Panda Express Dining
11,168 visits/mo 0.5 miles
Sinclair Shops & Services
11,099 visits/mo 0.4 miles
AMPM Shops & Services
10,339 visits/mo 0.1 miles
Palm Desert Ace Hardware Home Improvements & Furnishings
8,422 visits/mo 0.1 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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Multi-tenant retail property in Palm Desert's affluent shopping district.
Where is this retail space located?
The property is located at 73750 El Paseo Palm Desert, CA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Located in the Coachella Valley’s most walkable and affluent shopping district on El Paseo.; Fully leased multi‑tenant retail property with significant rental upside potential.; All tenants have occupied the property for over 10 years, indicating stability.
(760) 610-3147 Call to check price and availability
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