Property profile

67555 Palm Cyn Dr Ste C108 Cathedral City, CA 92234

OFF-MARKET
Medical Office Space
Property ID
US09-5523681
0.87 ac lot
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

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

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Lot 0.87 ac (37,897 SF)
APN 000-079-377
UPID US09-5523681

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
  • Pediatrician Physician
  • (Bike/Boat/Book/etc) Store
  • Electronics & Wireless Store Computer & Electronic Repair
  • Restaurant Take-out & Catering
  • Pet Grooming Service

Location

67555 Palm Cyn Dr Ste C108 Cathedral City, CA 92234-5404
Cathedral City metro Census 941000 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

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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