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Two-Story Office Complex
For Sale
Contact for pricing
Pending

74-245 Highway 111, Palm Desert, CA 92260

Completed in 2001, the property includes covered parking and a separate restaurant pavilion.

Property SizeContact for details
Lot Size5.02 Acres
Days on Market143

Property Features for 74-245 Highway 111

General Information

Standard status Pending
Class Class A
Lot size 5.02 Acres
Property subtype Retail, Office

Site & Location

Highway Access Yes
Road Access Yes

Amenities

elegant lobbies
granite finishes
custom design flooring
landscaping
fountains

Building Details

Year Built 2001
Buildings 3
Tenancy Multi
Listing Agency: Newmark - San Diego
Listed By: Brad Tecca · License #01204598
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 12:50AM

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 - San Diego

Investment Insights

Based on property information with market context.

One El Paseo is an office complex completed in 2001 with two two-story buildings and a separate 16,032-square-foot restaurant pavilion configured for two restaurant users. The office buildings include finished lobby areas with granite and custom flooring, while the grounds feature landscaping, fountains, and architectural details throughout the common areas.

The property occupies approximately 5.02 acres at the intersection of El Paseo Drive and Highway 111 in Palm Desert. Covered parking is provided on site. Morgan Stanley and Wells Fargo are identified as the office tenants, and the restaurant pavilion adds a dedicated food-service component to the overall property configuration.

Key Highlights

  • Two two‑story office buildings completed in 2001
  • 16,032‑square‑foot stand‑alone restaurant pavilion configured for two restaurants
  • Approximately 5.02 acres at El Paseo Drive and Highway 111

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Auto Repair Shop HVAC Service 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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,142
Businesses Nearby

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Completed in 2001, the property includes covered parking and a separate restaurant pavilion.
Where is this office building located?
The property is located at 74-245 Highway 111 Palm Desert, CA.
What are key features of this property?
This property features: Two two‑story office buildings completed in 2001; 16,032‑square‑foot stand‑alone restaurant pavilion configured for two restaurants; Approximately 5.02 acres at El Paseo Drive and Highway 111
(760) 415-4208 Call to check price and availability
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