Property profile

73400 El Paseo Palm Desert, CA 92260

OFF-MARKET
Retail properties & Spaces
70,646 SF
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Property summary

AI-generated overview

This exceptional 1,418 square foot storefront retail space is located within the prestigious El Paseo Square in Palm Desert, California. Situated at 73400 El Paseo, at the intersection of Highway 111 and San Pablo, this property benefits from unparalleled visibility and accessibility. The single-story building, renovated in 2014, offers a total of 70,646 square feet, with ample parking for customers and employees (283 spaces). This particular unit is immediately available and boasts a 200-amp power supply. The property is zoned for retail use and is part of the thriving El Paseo Palm Desert submarket, experiencing high daily traffic exceeding 50,000 vehicles. Tenancy is multiple, allowing for a diverse range of businesses to thrive in this vibrant location. The space is easily accessible from the main entry street to the El Paseo Shopping District. A prominent sign panel on a large Highway 111 monument sign is available for tenant use, providing excellent branding opportunities. This is a rare opportunity to secure a prime retail space in one of Southern California's most sought-after shopping destinations. The minimum divisible space is 1,418 square feet, and the maximum contiguous space available is also 1,418 square feet. The property's zip code is 92260.

Property profile

Verified
Property type Retail properties & Spaces
Total area 70,646 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Art Gallery
  • Clothing & Fashion Store
  • (Bike/Boat/Book/etc) Store

Location

73400 El Paseo Palm Desert, CA 92260
Palm Desert metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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