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72310 Highway 111
Palm Desert, CA 92260

$6,288,000 USD

Storefront For Sale  •  7,400 SF

Property Details

• Property Type Storefront
• Total Building Size 7,400 SF
• Lot Size 0.24 AC
• Building Class B
• Year Built 2024
• Tenancy Multiple
• Zoning Planned Commercial

0 Transit Score

67 Walk Score

Highlights

Corporate Tenants: New long-term leases with T-Mobile and Schools First Federal Credit Union, both highly stable tenants.

Prime Palm Desert Location: : #1 Intersection with 90,000 VPD; surrounded by top retailers and near The Shops at Palm Desert mall

Walmart Neighborhood Market Outparcel: Grocery-anchored, daily needs traffic generator.

Growing Income: 10% rent increases every 5 years, ensuring income growth and inflation protection.

High-Quality New Construction

Strong Residential Growth with over 7,300 units planned//Under Construction. Affluent Demographic with Growing Year round residential population

Amenities

• Corner Lot
• Signage
• Signalized Intersection
• Monument Signage

Public Transportation

Airport	Drive	Walk	Distance
Palm Springs International	20 min	-	10.8 mi