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    42240-42540 Bob Hope Dr Rancho Mirage, CA 92270

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail Space Available in Rancho Mirage

    Lot size:
    162,380 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, Rancho Las Palmas, located at 42240-42540 Bob Hope Dr, Rancho Mirage, CA 92270, offers multiple spaces for lease within a 162,380 square foot building. Situated in Riverside County, this prime location presents a unique opportunity for businesses seeking high visibility and accessibility. Three spaces are currently available, ranging from a minimum of 1,050 square feet to a maximum contiguous space of 4,212 square feet. The total vacant space currently available is 6,662 square feet, providing flexibility for various retail concepts. The property's classification is retail commercial with multiple tenancies, ensuring a vibrant and diverse environment. This is an ideal location for businesses looking to establish or expand their presence in the thriving Rancho Mirage market. The property's address is easily accessible and benefits from high traffic volume, making it an attractive proposition for businesses seeking maximum exposure. The latitude and longitude coordinates are 33.7390429, -116.4080185. This is a rare opportunity to secure retail space in a highly desirable location. Contact us today to learn more about leasing opportunities and explore the potential of this exceptional property.

    Property Features for 42240-42540 Bob Hope Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    162,380 SF

    Unit(s) available at that property

    Space
    2390-3
    Size
    4,212 SF
    Space
    2452-3
    Size
    1,400 SF
    Space
    2390-2
    Size
    1,050 SF

    HighLights

    • High pedestrian traffic.
    • Prime Palm Springs location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rancho Mirage
    County
    Riverside
    State
    California
    Longitude
    -116.4080185
    Latitude
    33.7390429

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space Available in Rancho Mirage
    Where is this retail property located?
    The property is located at 42240-42540 Bob Hope Dr Rancho Mirage, CA.
    What are key features of this property?
    This property features: High pedestrian traffic.; Prime Palm Springs location.;
    Request Owner's contact information
    42240-42540 Bob Hope Dr Rancho Mirage, CA 92270
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    Rancho Mirage, CA 92270
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    42240-42540 Bob Hope Dr Rancho Mirage, CA 92270
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