72990 El Paseo Palm Desert, CA 92260
- Strip malls
- 9,728 SF
- 1.12 lot acres
Current Use by Public Records
- Wildest Restaurant & Bar / Steak House / Vegan Restaurant
Property Details for 72990 El Paseo
- Year built
- 1980
- Construction
- WOOD
- Lot size
- 1.12 lot acres
- Property size
- 9,728 SF
- Zone code
- PC3SP
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 640-170-013
- APU
- 640170013
Description
This exceptional retail space, located at the hard corner of Highway 111 and El Paseo in Riverside County's Coachella Valley submarket, offers ±1,508 square feet of inline space within the Pointe El Paseo center. The property boasts unparalleled visibility, benefiting from its strategic location at the intersection of four major roadways (Monterey, Highway 111, Highway 74, and El Paseo), resulting in exposure to a significant daily traffic count of 90,313 vehicles. This high-traffic location is further enhanced by strong co-tenancy with established businesses including Starbucks, Juice, First Republic Bank, Wildest Restaurant, and a new Shoe City. The property shares access and parking with the adjacent Palms to Pines shopping center, home to national tenants such as Rite Aid and Staples, providing additional customer draw. The suite itself features ample storefront parking and benefits from recently upgraded landscaping and parking lot improvements, including impressive architectural outdoor lighting for enhanced nighttime visibility. While the total building encompasses 9,600 square feet with one suite, the available space is ±1,508 square feet. This presents a unique opportunity for businesses seeking high visibility and strong co-tenancy in a thriving commercial hub. The maximum contiguous space available is 3,000 square feet.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palm Desert
- County
- Riverside
- State
- California
- Longitude
- -116.392
- Latitude
- 33.7203
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA