Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    72990 El Paseo Palm Desert, CA 92260

    Sponsored
    For Lease
    $24 SF/Yr ($19,200 /Mo)

    Prime Coachella Valley Retail Opportunity

    Lot size:
    9,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail space, located at the hard corner of Highway 111 and El Paseo in Riverside County's Coachella Valley submarket, offers ±1,508 square feet of inline space within the Pointe El Paseo center. The property boasts unparalleled visibility, benefiting from its strategic location at the intersection of four major roadways (Monterey, Highway 111, Highway 74, and El Paseo), resulting in exposure to a significant daily traffic count of 90,313 vehicles. This high-traffic location is further enhanced by strong co-tenancy with established businesses including Starbucks, Juice, First Republic Bank, Wildest Restaurant, and a new Shoe City. The property shares access and parking with the adjacent Palms to Pines shopping center, home to national tenants such as Rite Aid and Staples, providing additional customer draw. The suite itself features ample storefront parking and benefits from recently upgraded landscaping and parking lot improvements, including impressive architectural outdoor lighting for enhanced nighttime visibility. While the total building encompasses 9,600 square feet with one suite, the available space is ±1,508 square feet. This presents a unique opportunity for businesses seeking high visibility and strong co-tenancy in a thriving commercial hub. The maximum contiguous space available is 3,000 square feet.

    Property Features for 72990 El Paseo

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,600 SF
    Total Rate
    19200

    Unit(s) available at that property

    Space
    Inline Retail Space | ±1,508 SF
    Size
    1,508 SF
    Rate per SF
    $24

    HighLights

    • 9,600 SF retail building with multiple suites available.
    • Hard corner location at Highway 111 & El Paseo in the Coachella Valley submarket of Riverside County.
    • 1,508 SF inline retail space available with ample storefront parking.
    • Strong co‑tenancy including Starbucks, Juice, First Republic Bank, Wildest Restaurant, and Shoe City, plus proximity to Rite Aid and Staples.
    • High visibility location with 90,313 cars per day.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wildest Restaurant & Bar Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Spa & Massage Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm Desert
    County
    Riverside
    State
    California
    Longitude
    -116.39196148314
    Latitude
    33.720767712872

    Nearby Similar for Lease

    • Contact for pricing
      12,027 SF

      Medical Building Suites For Lease

      Medical suites available for lease in Palm Desert, CA.
      73950 Alessandro Dr, Palm Desert, CA 92260
      View Details
    • $10,000 /Mo
      2,182 SF

      Indian Ridge Golf Course Home

      South-facing home on the 7th hole of the Grove Course.
      763 Box Canyon Trl, Palm Desert, CA 92211
      View Details
    • $2,500 /Mo

      Updated Condo in Valley Palms

      Two-bedroom condo with resort-style amenities near El Paseo.
      74940 San Simeon Dr, Palm Desert, CA 92260
      View Details
    • $2,500 /Mo

      Oasis Country Club Vacation Rental

      Well-appointed 2BR, 2BA vacation rental in Oasis Country Club.
      42654 Sand Dune Dr, Palm Desert, CA 92211
      View Details
    • $2,400 /Mo

      Remodeled Condo with Chef's Kitchen

      Remodeled 2-bedroom, 2-bath condo available September 10th.
      43376 Cook St, Palm Desert, CA 92211
      View Details
    • Contact for pricing
      70,646 SF

      El Paseo Retail Opportunity

      Retail space in Palm Desert's premier shopping district.
      73470 El Paseo Blvd, Palm Desert, CA 92260
      View Details
    • $15 SF/Yr
      5,933 SF

      Desert Country Plaza Retail Spaces

      Prime Palm Desert retail spaces available.
      77880-77952 Country Club Dr, Palm Desert, CA 92211
      View Details
    • $17 SF/Yr
      11,911 SF

      Palm Desert Office Space for Lease

      Prime Office Suites, Multiple Sizes Available
      74350 Alessandro Dr, Palm Desert, CA 92260
      View Details
    • $48 SF/Yr
      70,646 SF

      El Paseo Prime Retail Space

      1,418 SF Storefront, High Traffic
      73400 El Paseo, Palm Desert, CA 92260
      View Details
    • Contact for pricing
      113,718 SF

      Palm Desert Retail Spaces Available

      Retail spaces for lease in Palm Desert, California.
      74884 Country Club Dr, Palm Desert, CA 92260
      View Details
    • $3,950 /Mo
      2,536 SF

      Golf Course Home with Pool

      Spacious, furnished 3-bedroom home in gated golf community with pool.
      38811 Tandika Trl N, Palm Desert, CA 92211
      View Details
    • $27 SF/Yr
      22,814 SF

      One El Paseo Plaza: Premier Office Space

      Class A Office Complex, Desert Location
      74-245 Ca-111, Palm Desert, CA 92260
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Prime Coachella Valley Retail Opportunity
    Where is this individual retail property located?
    The property is located at 72990 El Paseo Palm Desert, CA.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: 9,600 SF retail building with multiple suites available.; Hard corner location at Highway 111 & El Paseo in the Coachella Valley submarket of Riverside County.; 1,508 SF inline retail space available with ample storefront parking.
    Request Owner's contact information
    72990 El Paseo Palm Desert, CA 92260
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    72990 El Paseo
    Palm Desert, CA 92260
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    72990 El Paseo Palm Desert, CA 92260
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.