74090 El Paseo Unit 101, Palm Desert, CA 92260
Two-story office property plus a vacant buildable parcel with dual frontage on El Paseo and Highway 111.
- Added:
- Jun 11, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 20 at 2:54 am
Property Features for 74090 El Paseo Unit 101
General Information
- Standard status
- Active
- Size
- 12,870 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1978
Listing agent Equity Union
Listing office (760) 621-0395
Listing date Jun 11, 2026
Source Xome
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 Equity Union
HighLights
- 12,870 SF two‑story professional office building plus a vacant buildable parcel
- Dual‑corridor exposure with south‑facing frontage on El Paseo and frontage on Highway 111
- Highway 111 traffic counts exceed approximately 30,000+ vehicles per day (per provided info)
- Conceptual plans show a potential +/-2,500 SF building footprint and +/-4,000 SF two‑story expansion (buyer to verify)
- Dedicated on‑site parking serving both buildings
- Property includes 3 APNs (zones D & D‑O) and was built in 1978
Overview
Located on world-famous El Paseo, the property benefits from south-facing frontage for visibility and access along the corridor. In addition, the northern portion fronts Highway 111, described as a primary commuter and commercial artery, with traffic counts exceeding approximately 30,000-plus vehicles per day.
This configuration supports multiple paths for buyers and tenants seeking an owner-user setup, with an operational office asset in place and a separately developable area for future retail, office, or medical development. The dual-corridor frontage and existing improvements make it suitable for businesses looking for both current space and the option to expand or reconfigure the site, subject to City approvals and verification.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $295.0k | $22.92 |
| − Vacancy | −$25.4k | −$1.97 |
| EGI | $269.6k | $20.95 |
| − OpEx | −$67.4k | −$5.24 |
| NOI | $202.2k | $15.71 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Palm Desert
- County
- Riverside
- State
- California
- Longitude
- -116.3720819
- Latitude
- 33.720773
