35900 Date Palm Dr Cathedral City, CA 92234

This exceptional 80,633-square-foot retail storefront, situated on a sprawling 7.51-acre lot in Cathedral City, California, presents a remarkable investment opportunity. Located at 35900 Date Palm Dr, 92234, this vacant property boasts a prime location at a heavily trafficked, signalized intersection, providing unparalleled visibility and accessibility. Its proximity to Interstate 10 and major arterial roads ensures convenient access for customers and employees. The property features excellent building signage, including freestanding pylon signs, maximizing marketing potential. The recent addition of a new Amazon Last-Mile Distribution Center next door represents a significant boost to the area's economic vitality, with Amazon investing over $40 million in capital improvements and generating $7.7 million annually in salaries, benefits, and revenue for the city. The building itself has undergone a substantial $3 million renovation, encompassing polished floors, 13 new HVAC systems, Title 24 compliant LED lighting, 13 newly installed bathrooms, and two broadband halos with 77 access points capable of supporting up to 2,800 simultaneous Wi-Fi users. The property is zoned PCC and offers an additional 28,000-square-foot lot for potential expansion, presenting significant future development possibilities. The asking price is $12,000,000, with a price per square foot of $148.82. The APN is 673-250-026, 673-250-027, 673-250-028, and 673-250-029. This property is ideal for a wide range of retail uses and represents a unique chance to acquire a high-profile asset in a rapidly growing market.