72595 El Paseo Palm Desert, CA 92260-3344
This exceptional 8,075 square foot Class A restaurant, built in 2003, is situated on a 16,988 square foot lot at 72595 El Paseo in the prestigious Palm Desert, CA, 92260 El Paseo Corridor. The single-story building boasts a charming French farmhouse design, featuring a captivating fireplace and a spacious patio with an additional fireplace and picturesque art garden views. The interior includes a stylish bar and a display kitchen with extensive glass walls. This turnkey operation includes all real estate, a liquor license, furniture, fixtures, and equipment, offering a seamless transition for a new owner. The asking price is $5,600,000, or $693.50 per square foot. Creative financing options are available. This represents a rare opportunity to acquire a thriving, established restaurant in a highly desirable location. The property features a single tenancy and is offered as a fee simple ownership. The APN is 640-370-003.
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Cuistot Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
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