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Property profile

73468 Ca-111 Palm Desert, CA 92260

OFF-MARKET
Retail properties & Spaces
10,700 SF 0.59 ac lot Built 1980
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Property summary

AI-generated overview

The Village Complex, a prime retail anchor space totaling 10,700 square feet, presents a unique investment opportunity in the heart of Palm Desert, California. Situated on a 0.59-acre lot at 73468 CA-111, this single-story building boasts a highly visible corner location at the intersection of Highway 111 and the revitalized San Pablo Avenue corridor. Currently, 10,000 square feet of space is available, divisible into units as small as 700 square feet, with a maximum contiguous space of 10,000 square feet. The property features two total suites and benefits from a Downtown Core zoning designation, offering a multitude of potential uses. Built in 1980, this established property enjoys a prominent position within South Palm Desert's bustling Highway 111 retail corridor, surrounded by numerous other retailers and restaurants. The property's APN is 627-093-015. This exceptional location provides unparalleled access to a dense concentration of consumers and businesses. The opportunity to lease a significant portion of this well-situated retail center is ideal for businesses seeking high visibility and strong foot traffic.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1980
Total area 10,700 SF
Lot 0.59 ac (25,700 SF)

Cap rate & NOI

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

Location

73468 Ca-111 Palm Desert, CA 92260
Palm Desert metro
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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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