Technical
Financial
Distress signals
Property profile

44419 Town Ctr Way Palm Desert, CA 92260

OFF-MARKET
Strip malls
Property ID
US09-2789231
17,065 SF 1.42 ac lot Built 1988
Individually Owned 13-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail opportunity is located in the heart of Palm Desert's premier shopping district at One Eleven Town Center, addressing 44419-44491 Town Center Way, zip code 92260, Riverside County, California. The property boasts a coveted end-cap location with high visibility from major thoroughfares: Highway 111, Fred Waring Drive, and Town Center Drive. It's situated directly across from the Coachella Valley's only regional mall, ensuring significant foot traffic and brand exposure. This one-story building offers four available spaces ranging from 1,159 to 6,010 square feet, ideal for a variety of retail uses. The center features a remarkable tenant lineup including Whole Foods (ranked #3 out of 143 stores in the chain), Nordstrom Rack, HomeGoods, True Value, Crumbl Cookies, Handel's Ice Cream, and Breakfast Republic. The property benefits from a dense population with a median household income exceeding $130,000, providing a strong consumer base. A ±6,010 square foot space will be available in January 2025. This is a truly exceptional opportunity to establish a presence in one of the Coachella Valley's most successful retail destinations.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1988
Construction WOOD
Total area 17,065 SF
Lot 1.42 ac (61,855 SF)
Zoning code CPS
APN 640-340-008
UPID US09-2789231

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
  • Hair Salon Nail Salon
  • Medical Clinic Skin Care Clinic
  • Spa & Massage Center Skin Care Clinic
  • Tanning Salon
  • Hair Salon

Location

44419 Town Ctr Way Palm Desert, CA 92260-7100
Palm Desert metro Census 45118 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.64M

Owner & transaction history

since 2012
7 recorded transactions
2020
Price N/A
2017
Price N/A
2014
Price N/A
2012
$1.5M
2004
Price N/A
2002
Price N/A
1996
$7.3M

Zoning & alternative use

CPS · Palm Desert, CA

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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