Property summary
Canyon Plaza East Shopping Center presents a unique investment opportunity in the heart of Cathedral City's thriving business district. This two-building retail center, totaling 81,315 square feet, sits on 12.79 acres of land and boasts a strong tenant mix including Anytime Fitness, McDonald's, Upper Crust Pizza, and Golden Springs Surgical Center. Built in 1982 and extensively renovated in 2013, the property features two stories and provides 400 parking spaces for ample customer convenience. Currently, there are two available retail spaces ranging from 1,200 to 3,469 square feet, each featuring recently remodeled floor-to-ceiling storefronts. The center enjoys a highly visible location on East Palm Canyon Drive/Highway 111, directly across from Super Target and Trader Joe's, benefiting from exceptional daily traffic of approximately 52,000 vehicles. Further enhancing its appeal are excellent exterior signage opportunities, including a new high-definition electronic monument sign perfectly positioned on Highway 111 for maximum brand visibility. Additional amenities include convenient bus line access and a pylon sign. This property offers a compelling combination of established tenancy, high visibility, and modern amenities, making it an ideal investment for discerning buyers seeking a strong return in a prime retail location.
Property profile
VerifiedCap rate & NOI
Current use
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Pediatrician Physician
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(Bike/Boat/Book/etc) Store
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Electronics & Wireless Store Computer & Electronic Repair
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Restaurant Take-out & Catering
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Pet Grooming Service
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2015Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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