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Property profile & analytics
OFF-MARKET Estimated value $1,640,000
Strip malls

44419 Town Ctr Way Palm Desert, CA 92260-7100

17,065 SF 1.42 ac lot Built 1988
Individually Owned 13-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-2789231
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Divine Alchemy Aesthetics Hair Salon Nail Salon
  • Permanent Makeup & Skincare by Tanya Medical Clinic Skin Care Clinic
  • Palm Desert Sugar Wax Spa Spa & Massage Center Skin Care Clinic
  • Luxe By V Tanning Salon
  • Tra'Mix Barber & Style Salon Hair Salon
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
Goochs Natural Food Marke · 13 yrs held
Goochs Natural Food Marke
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
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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