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    Palm Desert, CA
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    Palm Desert, CA Retail Properties & Spaces for Sale

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    Palm Desert Retail on Highway
    Updated: Nov 6, 2025
    Palm Desert Retail on Highway

    72261 Highway 111, Palm Desert, CA 92260

    $5,967,000
    19,123 sqft 2.57 AC lot
    Prime street front retail location on CA Hwy 111, a major thoroughfare in Coachella Valley.
    Located in a daily needs center within a retail epicenter.
    Hub location for shopping, dining, and entertainment in Palm Desert.
    Proximity to major retailers such as Target, Saks Off Fifth, and Nordstrom Rack.
    Affluent/Country Club location near the San Jacinto Mountains and numerous golf courses.
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    This listing looks promising.

    Here's a quick look at some key insights for

    72261 Highway 111, Palm Desert, CA 92260

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    • Est. Cap Rate

      4.6%
      NOI ÷ price

    • Est. NOI

      $274K
      Annual

    • Mortgage

      $2.42M
      Mar 2017

    • Last Sold

      Nov 2023
      $5.25M

    • Property Type

      Neighborhood: Shopping Center, Strip Center, Enterprise Zone
      Built 1980
    View Property Analytics
    Street-Front Shopping Center
    Updated: Nov 6, 2025
    Street-Front Shopping Center

    72261 Highway 111, Palm Desert, CA 92260

    $5,967,000
    Street‑front retail along California Highway 111
    Central air conditioning
    Built in 1986
    Located at 72261 Highway 111, Palm Desert, CA 92260
    Near Target, Saks Off Fifth, TJ Maxx, Nordstrom Rack, Walmart, Sam's Club, and Lowe's
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    Inline Retail Suite with Corner Visibility
    Inline Retail Suite with Corner Visibility

    72990 El Paseo, Palm Desert, CA 92260

    Contact for pricing
    1,508 sqft

    Rare inline retail suite in a shopping center with 360-degree visibility and extensive storefront parking.

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    Anchored Shopping Center Opportunity
    Anchored Shopping Center Opportunity

    73625 Highway 111, Palm Desert, CA 92260

    Contact for pricing
    21,783 sqft

    Shopping center anchored by Keedy's Diner, with multiple smaller tenants in place along Highway 111.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Retail Space Available
    Retail Space Available

    72191 Highway 111, Palm Desert, CA 92260

    Contact for pricing
    10,330 sqft

    Retail space for sale, 10,330 SF.

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    Flex Suite with Showroom
    Flex Suite with Showroom

    77780 Country Club Drive, Palm Desert, CA 92211

    Contact for pricing
    3,678 sqft

    Two-part commercial suite combines customer-facing display space with rear storage and service access.

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    El Paseo Retail Building
    El Paseo Retail Building

    73940 El Paseo, Palm Desert, CA 92260

    $1,900,000

    Free-standing building in El Paseo's shopping and dining district.

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    Landmark El Paseo Corner Property
    Landmark El Paseo Corner Property

    73640 El Paseo, Palm Desert, CA 92260

    $6,999,000

    Iconic multi-use property in the heart of El Paseo.

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    Freestanding Retail Showroom
    Freestanding Retail Showroom

    74-200 Highway 111, Palm Desert, CA 92260

    Contact for pricing
    2,500 sqft

    Freestanding retail building with an open front showroom, three offices, kitchenette, and two restrooms, plus rear parking.

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    High-Street Shopping Center
    High-Street Shopping Center

    73255 El Paseo, Palm Desert, CA 92260

    Contact for pricing
    25,590 sqft

    Covered on-site parking serves a retail property on Palm Desert’s El Paseo corridor.

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    Highway 111 Stand-Alone Building
    Highway 111 Stand-Alone Building

    73120 California 111, Palm Desert, CA 92260

    $850,000
    2,782 sqft

    Stand-alone building fronting Highway 111 with ample parking.

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    Fully Leased Retail Investment Opportunity
    Fully Leased Retail Investment Opportunity

    73750 El Paseo, Palm Desert, CA 92260

    Contact for pricing
    5,604 sqft 0.24 AC lot

    Multi-tenant retail property in Palm Desert's affluent shopping district.

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    Retail Storefront Suite
    Retail Storefront Suite

    78395 Varner Road, Ste B, Palm Desert, CA 92211

    Contact for pricing

    Standalone storefront suite within a busy shopping center with multiple established co-tenants.

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    Corner Storefront Property with USPS Lease
    Corner Storefront Property with USPS Lease

    45300 Portola Ave, Palm Desert, CA 92260

    Contact for pricing
    14,790 sqft 1.32 AC lot

    The freestanding building has housed a United States Postal Service location for more than five decades.

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    Iconic Car Wash For Sale
    Iconic Car Wash For Sale

    75015 Sheryl Ave, Palm Desert, CA 92211

    Contact for pricing
    17,100 sqft

    Established car wash with long-term NNN lease in place.

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    Palm Desert Retail Space
    Palm Desert Retail Space

    73061 Fred Waring, Palm Desert, CA 93061

    Contact for pricing

    Retail space available for sale in Palm Desert, CA.

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    Salon with Private Treatment Room
    Salon with Private Treatment Room

    73920 El Paseo, Palm Desert, CA 92260

    Contact for pricing
    1,250 sqft

    Established salon configuration with professional service areas, a private treatment room, and full kitchen.

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    Palm Desert Development Opportunity
    Palm Desert Development Opportunity

    Gerald Ford Dr, Palm Desert, CA 92211

    Contact for pricing
    8,000 sqft

    Prime commercial land suitable for various development projects.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Palm Desert, CA, we suggest to view alternatives - similar 54 Off-Market properties to explore as potential leads.

    Off-Market Properties in Palm Desert, CA

    Consider similar Off-Market properties in Palm Desert, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    73301 Hwy 111
    FINANCIAL BUILDING

    73301 Hwy 111, Palm Desert, CA 92260-3943

    $1,630,000
    Estimated value
    8,620 sqft 0.74 AC lot
    View details
    73690 El Paseo
    RETAIL STORES (PERSONAL SERVICES)

    73690 El Paseo, Palm Desert, CA 92260-4310

    $1,530,000
    Estimated value
    7,044 sqft 0.25 AC lot
    View details
    77682 Country Clb Dr Ste G
    RETAIL STORES (PERSONAL SERVICES)

    77682 Country Clb Dr Ste G, Palm Desert, CA 92211-0453

    $280,000
    Estimated value
    967 sqft 0.02 AC lot
    View details
    72630 Dinah Shr Dr
    RETAIL STORES (PERSONAL SERVICES)

    72630 Dinah Shr Dr, Palm Desert, CA 92211-0801

    $3,675,000
    Estimated value
    24,446 sqft 2.30 AC lot
    View details
    72310 Hwy 111
    RETAIL STORES (PERSONAL SERVICES)

    72310 Hwy 111, Palm Desert, CA 92260-2775

    Value Estimation by Request
    3,341 sqft 0.24 AC lot
    View details
    72875 Hwy 111
    DEPARTMENT STORE

    72875 Hwy 111, Palm Desert, CA 92260-3312

    $3,400,000
    Estimated value
    21,440 sqft 1.85 AC lot
    View details

    Palm Desert, CA Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Palm Desert, CA, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 134,038 square feet of properties for sale, with an estimated market value of $21,683,000.

    Sale prices for stores in Palm Desert, CA start at $850,000, averaging $4,336,600, and reaching up to $6,999,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 17
    Storefront properties 5
    Showrooms 3
    Automotive properties 1
    Car washes 1

    Demographics Overview

    Population 63K
    Population Growth (5Y) -2.2%
    Median Household Income $84,567
    College Educated 40.6%

    High-Yield Neighborhoods for Investment

    Identify Palm Desert submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    92260 $4.8M

    Taxes & Financing

    Tax Rate (average for all types) 1.30%
    Property Tax per SF $9.41 per SF
    Tax Rate vs County Average 0.14 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Riverside County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Palm Desert, CA

    • 92260
    • 92211
    • 93061

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