74090 El Paseo Palm Desert, CA 92260
- Office buildings
- 12,822 SF
- 0.36 lot acres
Current Use by Public Records
- Phillips Podiatry / Medical Clinic / Podiatrist
- NK Mediation / Attorney / Mediation Service
- Robert N Dunn Law Offices / Attorney
- Robert H Lesnik MD / Dermatologist
- Desert Foot and Ankle Surgeons: Ryan W. Wood, DPM / Podiatrist
Property Details for 74090 El Paseo
- Year built
- 1978
- Construction
- WOOD
- Lot size
- 0.36 lot acres
- Property size
- 12,822 SF
- Zone code
- C1
- Property type
- Office buildings
- APN
- 625-111-028
- APU
- 625111028
Description
This exceptional two-story, 12,870 square foot multi-tenant office building is ideally situated in Palm Desert, California, at the intersection of Highway 111 and El Paseo Drive, the heart of the renowned El Paseo Shopping District. Boasting a prime location with high traffic volume (approximately 30,000 cars daily), this Class C property offers abundant parking and frontage on both major thoroughfares. Built in 1978, the building features an elevator and sits on a nearly one-acre lot (0.87 acres, 37,897 square feet), with the APN numbers 625-111-017, 025, 028. Currently 80% occupied, the building is zoned for Downtown District use, permitting mixed-use and multi-story projects. The asking price is $4,153,000 ($325 per square foot) with a NNN lease type. Its versatile design suits various professional uses, including executive, medical, and creative offices, making it an attractive investment opportunity. The property's proximity to upscale shopping, dining, and entertainment venues (including Saks Fifth Avenue, Mastro's, Apple, Gucci, Louis Vuitton, and Il Corso) further enhances its appeal.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palm Desert
- County
- Riverside
- State
- California
- Longitude
- -116.372
- Latitude
- 33.7203
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
