72608-72624 El Paseo Dr Palm Desert, CA 92260
This exceptional ±3,085 square foot retail space is ideally situated at the highly visible signalized intersection of El Paseo and Highway 111 in Riverside County. Boasting an El Paseo address, this property offers unparalleled prestige and brand recognition within the heart of the Valley's retail district. Benefit from exposure to approximately 35,523 cars daily, with monument signage opportunities available at the corner. Access is convenient, with easy ingress and egress from both Highway 111 and El Paseo, ensuring optimal customer flow. Ample parking caters to a diverse range of uses, including retail, medical, and office. The center is home to established, long-term co-tenants focused on health, beauty, and wellness, creating a synergistic environment. This location enjoys strong demographics, with approximately 55,000 residents within a 10-minute drive, exhibiting an average household income exceeding $117,000. A robust daytime population of approximately 46,000 within a 10-minute radius further enhances the property's appeal. This is a rare opportunity to secure a prominent retail space in a thriving and affluent area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.