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71950 Hwy 111
Rancho Mirage, CA 92270

$4,917 - $10,339 USD/MO

Storefront Retail Office For Lease • 2,287+ SF

Property Details

Property Type Storefront Retail Office
Year Built 1994
Total Building Size 7,096 SF
Tenancy Single
Building Class B
Zoning General Commercial

0 Transit Score

52 Walk Score

2 Spaces Available

Name	Space Use	Size	Rent
1st Floor Ste 1	Retail	4,809 SF	$25.80 USD/SF/YR
Former Union Bank Date available: Now Lease term: Negotiable Service type: Triple Net Built out as: Bank Space Type: Relet In Contiguous block: 7,096 SF
1st Floor Ste 2	Retail	2,287 SF	$25.80 USD/SF/YR
Former bank wealth management side. Office Buildout. Date available: Now Lease term: Negotiable Service type: Triple Net Built out as: Financial Services Space Type: Relet In Contiguous block: 7,096 SF

Description

LOCATION DESCRIPTION:
The former Union Bank building is located on the prime corner of Highway 111 and Bob Hope Drive in Rancho Mirage, right in the center of the Coachella Valley. With 67,500 cars passing by every day, this location is highly visible and easily accessible. The building boasts a prominent position on the corner and features ample parking for customers. Surrounded by other commercial and retail establishments, this location is perfect for businesses looking to capitalize on heavy foot and vehicle traffic. Additionally, the building's unique architecture and prominent location make it an iconic landmark in the area.

LEASE DESCRIPTION:
This 2-unit former bank building is a unique and spacious commercial property. The building boasts two separate units, each with its own entrance, or one tenant can occupy the entire building. The interior of the building features high ceilings, large windows throughout, and plenty of natural light, creating a bright and inviting atmosphere. The exterior of the building has a modern and elegant design that gives it a distinguished look.

                
                    Highlights
                
                                7,096 SF former bank/wealth management space. Will divide with a minimum of 1,500 SF.
                            
                                Extremely visible signage at the major intersection of Highway 111 and Bob Hope Drive with 67,500 CPD
                            
                                Adjacent to The River at Rancho Mirage, a 230,000 SF entertainment, restaurant, and retail center. Prime Central Valley location
                            
                                Serving the affluent communities of Rancho Mirage and Palm Desert with average income levels of $103,046

Property Flyers

Highway 111, 71950 Rancho Mirage For Lease Flyer 9.6.24

Amenities

Banking
Corner Lot
Dedicated Turn Lane
Pylon Sign
Security System
Signage
Signalized Intersection
Monument Signage
Fiber Optic Internet

Public Transportation

Airport	Drive	Walk	Distance
Palm Springs International	18 min	-	9.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	35
Type:	Surface
Included in Rent:	Yes

Michael Lyle 760-774-6533 Coldwell Banker Commercial Lyle & Associates

71950 Hwy 111 Rancho Mirage, CA 92270