Contact info

• 760-346-1566 [Office] 

Description

DescriptionTHE SUBJECT PROJECT IS A NEIGHORHOOD RETAIL SHOPPING CENTER LOCATED ON 3.22 ACRES AND CONSISTS OF APPROXIMATELY 21,688 SF. ANCHORED BY TIME WARNER CABLE, THIS MULTI-TENANT RETAIL CENTER IS 93.7% LEASED. THE SUBJECT IS CONSTRUCTED AS WOOD FRAME AND IS LOCATED ON THE SIGNALIZED NEC OF E. RAMON ROAD AND S. EL CIELO ROAD, PALM SPRINGS, CA. THE SUBJECT PROPERTY HAS TWO OUTPARCELS, ONE ON THE HARD CORNER OF E. RAMON AND EL CIELO AND THE OTHER FRONTING ALONG EL CIELO. BOTH PARCELS MAY ACCOMMODATE ADDITIONAL BUILDABLE AREA TO THE PROPERTY AND WILL ALLOW INVESTORS ADDITIONAL POTENTAL UPSIDE FOR THEIR INVESTMENT.RENTS ARE BELOW MARKET ALLOWING FOR FUTURE UPSIDE.PARKED AT 8.38/1,000, 123 FREE SURFACE STALLSGOOD TRAFFIC COUNT- 39,000 DAILYBUILT APRIL,1990ZONING: C-1THIS SITE IS LOCATED IN THE HEART OF THE PALM SPRINGS' BUSINESS DISTRICT NEAR THE PS INTERNATIONAL AIRPORT AND SURROUNDED 360-DEGREES BY COMMERCIAL AND RESIDENTIAL DEVELOPMENT Building price details: $2,800,000.

Property Details

• Type: Retail
• Use Types:Community Center, Net Leased
• Status: Available
• Year Built: 1990
• MSA: Riverside-San Bernardino-Ontario
• Zoning: C-1
• Buildings: 1

Exterior Features

• Parking: Yes
• Parking Spaces: 123

Terms

• Cash to Seller 

Agent

Map Locations