
32475 Date Palm Dr
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32475 Date Palm Dr
6,560 SF 100% Leased Retail Building Cathedral City, CA 92234 $1,780,000 ($271.34/SF)



INVESTMENT HIGHLIGHTS
- 6,560 SF multi-tenant retail building on bustling Date Palm Drive in Cathedral City
- Approximately 94 ft of frontage on Date Palm Drive
- Impressive traffic counts
- Fully leased - tenants are responsible for their own repairs and maintenance
- Suite B was renovated in 2020 with over $500,000 in upgrades
- Less than 4 miles to Palm Springs International Airport
EXECUTIVE SUMMARY
- 6,560 SF multi-tenant retail building on bustling Date Palm Drive in Cathedral City
- Fully leased - tenants are responsible for their own repairs and maintenance
- Approximately 94 ft of frontage on Date Palm Drive
- Suite B was renovated in 2020 with over $500,000 in upgrades
- Impressive traffic counts
- Less than 4 miles to Palm Springs International Airport
- In the Opportunity Zone, with potential for tax incentives
- Fully leased - tenants are responsible for their own repairs and maintenance
- Approximately 94 ft of frontage on Date Palm Drive
- Suite B was renovated in 2020 with over $500,000 in upgrades
- Impressive traffic counts
- Less than 4 miles to Palm Springs International Airport
- In the Opportunity Zone, with potential for tax incentives
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,560 SF
Building Class
B
Year Built
1990
Price
$1,780,000
Price Per SF
$271.34
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.35
Lot Size
0.43 AC
Opportunity Zone
Yes
Zoning
Commercial - Planned Community Commercial (PCC). A variety of retail and office uses.
Parking
20 Spaces (3.2 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Signage
- Monument Signage
- Air Conditioning
Walk Score®
Very Walkable (73)
NEARBY MAJOR RETAILERS









PROPERTY TAXES
Parcel Number | 680-292-027 | Improvements Assessment | $777,994 |
Land Assessment | $246,064 | Total Assessment | $1,024,058 |
PROPERTY TAXES
Parcel Number
680-292-027
Land Assessment
$246,064
Improvements Assessment
$777,994
Total Assessment
$1,024,058
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32475 Date Palm Dr
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