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176 & 178 San Rafael Drive, Palm Springs, CA 92262

$107+/SF

Commercial property for sale

Added: 11/13/2012
Last Update: 03/05/2013
176 & 178 San Rafael Drive Palm Springs, CA 92262 US
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Contact info

  • 760-325-4500 [Office] 

Description

This is a single tenant leased investment. The tenant is A & A Towing and Recovery, Inc., a vehicle towing and impound company. The tenant is on a modified net lease until Sept. 2015. The listing is structured to yield a 7.3% Cap rate the first year. The lot is approx. 29,621sf. The interior of the property consists of office area and vehicle storage and repair areas. Building price details: $425,000.

Property Details

  • Type: Industrial
  • Use Types:Net Leased
  • Status: Available
  • Year Built: 1900
  • MSA: Riverside-San Bernardino-Ontario
  • Zoning: M-1
  • Buildings: 1
  • Tenancy: Single Tenant

Exterior Features

  • Parking: Yes
  • Parking Spaces: 4

Terms

  • Cash to Seller 
  • Other 

Agent

Lawrence Aabel
760-325-4500 [Office]

Map Locations