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12155 Palm Dr

11,055 SF 8% Leased Retail Building Desert Hot Springs, CA 92240 $1,225,000 ($111/SF)

Executive Summary

Previous Tennant was a World GYM and Sun Glass company. 1 door is rented out and bringing in income. Lowest price/SQFT and below replacement cost for such highly visible, well-located There are currently 4 Doors A , B, C are available, and unit D is leased out. Building has many possibilities. Property Has 37 parking spaces, updated building, 27,878 SQFT of land and approximately 11,055 sqft under the roof. There are 2 APN's for this property.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Health Club
Building Size
11,055 SF
Building Class
C
Year Built
1992
Price
$1,225,000
Price Per SF
$111
Percent Leased
8%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.64 AC
Opportunity Zone
Yes
Zoning
CG - Strip Mall / Multi Use Commercial
Parking
37 Spaces (3.35 Spaces per 1,000 SF Leased)
Frontage
157 FT on Acoma Ave

Amenities

  • Pylon Sign
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1
  • 8,925 SF
  • Medical
  • -
  • Now

Currently 2 separate spaces with their own entry doors. Come restore this space to what it was. First space is the largest and use to be the World Gym in Desert Hot Springs. (All gym equipment can be included in your lease). Second Space - this used to be a yoga studio or pilates. This has a door going to the gym, and one exterior door for your own entrance. Third Space - this is a long term tenant who is a Dog Groomer. 2 Spaces (Suite 1 & 2) are Vacant and Ready For Your Design Skills. Space Photos are current condition and Exterior Photos are from previous listing.

  • 2
  • 1,230 SF
  • Office/Retail
  • -
  • Now
Space Size Space Use Position Available
1 8,925 SF Medical - Now
2 1,230 SF Office/Retail - Now

1

Size
8,925 SF
Space Use
Medical
Position
-
Available
Now

2

Size
1,230 SF
Space Use
Office/Retail
Position
-
Available
Now

1

Size 8,925 SF
Space Use Medical
Position -
Available Now

Currently 2 separate spaces with their own entry doors. Come restore this space to what it was. First space is the largest and use to be the World Gym in Desert Hot Springs. (All gym equipment can be included in your lease). Second Space - this used to be a yoga studio or pilates. This has a door going to the gym, and one exterior door for your own entrance. Third Space - this is a long term tenant who is a Dog Groomer. 2 Spaces (Suite 1 & 2) are Vacant and Ready For Your Design Skills. Space Photos are current condition and Exterior Photos are from previous listing.

Walk Score®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

PNC Bank
Stater Bros. Markets
Bank of America
Chase Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 641-042-047
  • 641-042-048
Land Assessment
$144,615
Improvements Assessment
$843,764
Total Assessment
$988,379
  • Listing ID: 32959758

  • Date on Market: 8/26/2024

  • Last Updated:

  • Address: 12155 Palm Dr, Desert Hot Springs, CA 92240

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