72261 Highway 111, Palm Desert, CA 92260

$5,967,000

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List Price
$5,967,000
Status
ACTIVE
MLS#
PW25255265
Year Built
1986
Lot Size
111,949
Acres
2.57
Lot Location
Irregular Lot, Lot Over 40000 Sqft
Days on Market
265
Property Type
Commercial
Property Sub Type
Retail

Property Description

Ideally located street front retail on major thoroughfare throughout the entire Coachella Valley - CA Hwy 111 Daily Needs Center located in retail epicenter in the heart of the Coachella Valley with an outstanding variety of boutiques, thrift stores and major retailers Located in the Hub of shopping, dining, entertainment in the Heart of Palm Desert- Highway 111 is home to many of Palm Desert’s major retailers. Here, you’ll find familiar names like Target, Saks Off Fifth, Bed Bath and Beyond, Marshall’s, TJ Maxx, Nordstrom Rack and more. Another popular thoroughfare for shopaholics, Monterey Avenue, which is sprinkled with both shopping plazas and major retailers like Walmart, Sam’s Club and Lowe’s. Affluent / Country Club Location - located against the backdrop of the San Jacinto Mountains with over 150 golf courses throughout Coachella Valley and where home prices span from $1M to $40M

Additional Information

Heat
See Remarks
Cooling
Yes
Cooling Description
Central Air
Water
Public
Attached Structure
Detached
Gross Scheduled Income
$334,425
Operating Expense
70707

Listing courtesy of Listing Agent: Richard Park (richpark75@gmail.com) from Listing Office: Synergy Real Estate.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.