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74-700 Highway 111
Palm Desert, CA 92260

$14,996 USD/MO

Hotel For Lease  •  8,019 SF

Property Details

  • Property Type Hotel
  • Year Built 1984
  • Total Building Size 144,431 SF
  • Tenancy Single
  • Building Class B
  • Zoning PC4NS
0 Transit Score
75 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 8,019 SF $22.44 USD/SF/YR
The space comes with all Furniture, Fixtures, and Equipment (FF&E), ready for immediate operation. A 6,500 sq ft banquet room above the restaurant, perfect for private events and gatherings is available on an as needed basis at 8% percentage rent per event. Outstanding highly visible signage facing Highway 111, directly above main entrance to restaurant. $15,000 per month with significant income potential.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Built out as: Restaurants And Cafes
  • Space Type: Relet

Description

Fully Equipped: The space comes with all Furniture, Fixtures, and Equipment (FF&E), ready for immediate operation.
Hotel Connection: Attached to a 200-room hotel including 21 pickleball courts and large pool/bar, providing a built-in customer base and additional foot traffic. The space is a stand-alone Spanish style building located at the front of the property and allows for a restauranter to create a unique and free standing identity while also benefitting from the
hotel.
Banquet Room: A 6,500 sq ft banquet room above the restaurant, perfect for private events and gatherings is available on an as needed basis at 8% percentage rent per event.
Recreational Amenities: Potential for pool/bar and pickleball courts food & beverage service on the property, greatly enhancing the revenue opportunity.
Signage: Outstanding highly visible signage facing Highway 111, directly above main entrance to restaurant.
Estimated Seat Count: Indoor 237, Front Patio 16, Back Patio 44, Banquet Room Dining 512, Banquet Room Assembly 650
Great Rent: $15,000 per month with significant income potential.

This property is ideal for restaurateurs looking to capitalize on a high traffic location with diverse revenue streams. Don't miss out on this exceptional leasing opportunity!

Highlights

Attached to a 200-room hotel including 21 pickleball courts and large pool/bar, providing a built-in customer base and additional foot traffic.
Potential for pool/bar and pickleball courts food & beverage service on the property, greatly enhancing the revenue opportunity.
This property is ideal for restaurateurs looking to capitalize on a high-traffic location with diverse revenue streams.

Property Flyers

Amenities

  • Fitness Center
  • Pool
  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Tennis
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub
  • Digital key

Public Transportation

AirportDriveWalkDistance
Palm Springs International 23 min - 13.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 283
Type: Surface
Included in Rent: Yes
Joe Funkey 760-772-6400 Coldwell Banker Commercial Lyle & Associates
Joe Funkey 760-772-6400 Coldwell Banker Commercial Lyle & Associates