1801 Tahquitz Cyn Way 1 Palm Springs, CA 92262-7120

This exceptional Class A, single-story medical office building, totaling 8,968 square feet, presents a compelling investment opportunity in the heart of Palm Springs, California. Built in 2008, this fully occupied (100%) property boasts a desirable location on Tahquitz Canyon Way, a highly visible corridor connecting Palm Springs International Airport to the city center. The building features 50 parking spaces, including 20 covered spaces, providing a generous 5:1 parking ratio. The property sits on a 0.82-acre lot and offers a Net Operating Income (NOI) of $190,000, resulting in a 4.60% cap rate. The asking price is $3,895,000, translating to $434.32 per square foot. This fee-simple ownership opportunity is ideal for investors seeking a stable, high-performing asset in a prime Palm Springs location. The property's address is 1801 E Tahquitz Canyon Way, Building 2, Palm Springs, CA 92262 (APN: 502-161-010). The building's single-story design and ample parking cater perfectly to the needs of medical professionals and their patients. This is a rare opportunity to acquire a fully leased, high-quality asset in a thriving market.