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Property profile & analytics
FOR SALE
Office buildings

73993 Us Highway 111 Palm Desert, CA 92260

Built 2000
Property ID
US09-Q031892
Property summary
AI-generated overview

9,506 SF multi-tenant commercial building in the heart of Palm Desert. Ideal medical/professional building. Prime location at the signalized corner of Highway 111 and Portola Ave, with 54,071 average cars per day. Well-maintained property with covered parking onsite. High visibility with excellent s ... ignage. Close proximity to El Paseo, the Coachella Valley's premier luxury shopping and dining destination with businesses such as Gucci, Restoration Hardware, Louis Vuitton, Mastro's Steakhouse, Anthropologie, Apple, and more! Affluent demographics. The 6,000 SF lower level is on a month-to-month master lease which presents an ideal owner/user opportunity with high-quality tenants on the second level. *DO NOT DISTURB TENANTS* Call office for more information at (760) 360-8200 or Susan Harvey at (760) 250-8992.

Property profile
Verified
Property type Office buildings
Year built 2000
UPID US09-Q031892
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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