Ocean Properties Development Corp. is pleased to present prime office/ retail space for lease in the Canyon Plaza East Shopping Center. Ideally located in Cathedral City’s downtown business corridor, the community retail center features a strong tenant mix, Anytime Fitness, McDonalds, Upper Crust Pizza, Golden Springs Surgical Center, and more. The center has abundant parking, excellent exterior signage opportunities, and digital advertising on the high-definition electronic monument sign perfectly positioned right on Highway 111, which has approximately 52,000 cars as the average traffic count per day. Existing tenants enjoy the new floor-to-ceiling storefronts with energy-efficient glazing throughout the project.
Canyon Plaza Shopping Center is situated in a popular location on East Palm Canyon Drive/Highway 111, directly across from Super Target and Trader Joe’s. It has multiple ingress/ egress points and abundant parking on-site. Cathedral City, situated in the Coachella Valley neighboring Palm Springs, is a small-town suburban with a strong sense of community. The well-established area offers plentiful shopping opportunities, with many national retailers and local boutiques. Quick access to Highway 111, Interstate 10, and Palm Springs International Airport makes getting around from Cathedral City easy.
Canyon Plaza’s five-mile demographics confirm a local population of 125,620, which is expected to increase by nearly 2% by 2029. Annually, more than $1.9 billion is generated back into the local economy via consumer spending, and the average household income exceeds $100,700. Food and beverage, as well as household expenditures, are two of the top three consumer spending realms, showcasing the shopping center’s high demand and buildouts perfectly catering to the surrounding area.