Contact info

• 909-456-3400 [Office] 

Description

Contact agent for full offering memorandum – [email protected] Marcus & Millichap is pleased to present for sale a 14,174 square foot two story office building located in Bermuda Dunes, CA. Seller built and manages the property and is looking to retire. The property is situated on a .76 acre parcel and is 68.96% occupied (entire first floor) by the State of California Probation Department. The lease includes significant increases through the remaining 5 years on a recently extended lease. The property was developed with roll up doors as well and was built to suit the State of California's extensive requirements. The upstairs office vacancies offer an investor the opportunity to stabilize and raise the income by a substantial amount. The proximity to the Washington Street corridor and other amenities including the Bermuda Dunes regional airport make this an ideal office location for potential tenants seeking to be near Palm Desert and the freeway. The property is also located in the Imperial Irrigation District which on average equates to a 20% lower utility cost than Edison. The property is strategically located near the 10 Freeway off the Washington Street exit on the Country Club Drive. Building price details: $1,900,000.

Property Details

• Type: Office
• Use Types:Office Building
• Status: Available
• Year Built: 1991
• MSA: Riverside-San Bernardino-Ontario
• Zoning: COMMERCIAL
• Buildings: 1
• Tenancy: Multiple Tenants

Exterior Features

• Parking: Yes
• Parking Spaces: 45

Terms

• Cash to Seller 
• Owner Financing 

Agent

Map Locations