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Restaurant Space at Festival Plaza
For Lease
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777 E Tahquitz Canyon Way Suite 4-101, Palm Springs, CA 92262

Prime restaurant space in Palm Springs' vibrant Festival Plaza.

Space Size7,167 SF
Property Size146,110 SF
Days on Market170

Property Features for 777 E Tahquitz Canyon Way Suite 4-101

General Information

Standard status Active
Size 7,167 SF
Property subtype Retail
Lease Term NNN $0.65 PSF/MO

Building Details

Building Size 146,110 SF
Year Built 1981

Spaces For Lease

at 777 E Tahquitz Canyon Way Suite 4-101 Contact us

Suite 4-101 $1.75/SF/Mo

Size
7,167 SF
Type
Restaurant
Term
Negotiable
Contact us
Listing Agency: Coldwell Banker Commercial Lyle & Associates
Listed By: Steve Lyle · License #CalDRE #00762911
Source: Cbclyle
Added: Mar 5 Changed: Aug 19 Last Checked: Aug 21 at 5:50AM

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 Coldwell Banker Commercial Lyle & Associates

Investment Insights

Based on property information with market context.

An exceptional restaurant lease opportunity is available at Festival Plaza, formerly known as The Courtyard, in Palm Springs. This prime 7,167 square feet restaurant space is situated in a hotel and convention center zone. The location is strategically positioned across the street from the Palm Springs Convention Center, the city's largest hotels, and close to Downtown Palm Springs. The existing layout features a large circular bar with an entertainment area and a dedicated stage. A fully built-out and equipped kitchen is already in place. Construction initially began for a high-end restaurant, bar, and entertainment concept, showcasing the potential for a sophisticated dining environment. Over $500,000 has been invested in upgrades throughout the space. The space includes a large wrap-around patio with a freshly painted railing, a structure for shade cover, and a misting system. Some Furniture, Fixtures, and Equipment (FF&E) are still available.

Key Highlights

  • Prime location across from the Palm Springs Convention Center, major hotels, and near Downtown Palm Springs.
  • Fully built‑out and equipped kitchen in place.
  • Existing large circular bar with entertainment area and stage.

Property Analytics

Current Use

Chop Chop Landscaping Landscaping Quality Appliance service Home Appliance Store Best Property Management Property Management Company Ground Zero Software (Bike/Boat/Book/etc) Store John L. Mohr ... Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Computer & Electronic Repair Veterinary Clinic Storage Facility Locksmith Tanning Salon

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

2,366
Businesses Nearby
Under-served
Demand for This Use

Demographics for 92262, CA

26,593
Population
19,940
Households
1.3
Avg Household Size
54
Median Age
42%
College-Educated
93%
High-School Grad
35.1 sq mi
ZIP Area
758
Density / Sq Mi
$70,514
Median Household Income
$42,940
Median Earnings
$1,420
Median Rent
$600,600
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Prime restaurant space in Palm Springs' vibrant Festival Plaza.
Where is this conventional restaurant located?
The property is located at 777 E Tahquitz Canyon Way Suite 4-101 Palm Springs, CA.
What are key features of this property?
This property features: Prime location across from the Palm Springs Convention Center, major hotels, and near Downtown Palm Springs.; Fully built‑out and **equipped kitchen in place**.; Existing **large circular bar with entertainment area and stage**.
More about this property
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