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Palm Canyon Shopping Center 450 S Palm Canyon Dr
22,845 SF of Retail Space Available in Palm Springs, CA 92262
Highlights
- Negotiable Rates and Term .... Available for Immediate Occupancy!
- Potential redevelopment of the adjacent buildings and parcels at some point in the future.
- Located on the East side of S. Palm Canyon Drive, at the intersection of Ramon Road in Downtown Palm Springs.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 22,845 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
490 S Palm Canyon Dr - 1st Floor
Mezzanine features approximately 7,500 SF for a total of approximately 22,845 SF. Rooftop space available
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT Palm Canyon Shopping Center
- IHOP
PROPERTY FACTS FOR 450 S Palm Canyon Dr , Palm Springs, CA 92262
| Center Type | Neighborhood Center | Frontage | |
| Parking | 167 Spaces | Gross Leasable Area | 37,630 SF |
| Stores | 2 | Total Land Area | 2.03 AC |
| Center Properties | 3 | Year Built | 1960 |
| Center Type | Neighborhood Center |
| Parking | 167 Spaces |
| Stores | 2 |
| Center Properties | 3 |
| Frontage | |
| Gross Leasable Area | 37,630 SF |
| Total Land Area | 2.03 AC |
| Year Built | 1960 |
About the Property
490 S. PALM CANYON DRIVE .... Prime location on the corner of S. Palm Canyon Drive and Ramon Road, one of the busiest intersections in Downtown Palm Springs. This vintage, classic property is an excellent example of Palm Springs' history (the original home of Saks Fifth Avenue) with unobstructed/unparalleled visibility on both S. Palm Canyon and S. Indian Canyon Drives, abundant on-street and private rear parking. The ground level encompasses approx. 15,345 sq. ft., with over 7,000 sq. ft. available on a mezzanine level. This building was scheduled for demolition, BUT the most recent plan includes refurbishing, demising and retaining the building, with potential redevelopment of the adjacent buildings and parcels at some point in the future. Negotiable Rates and Term .... Available for Immediate Occupancy! Located on the East side of S. Palm Canyon Drive, at the intersection of Ramon Road in Downtown Palm Springs.
- 24 Hour Access
- Mezzanine
- Air Conditioning
Nearby Major Retailers
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Palm Canyon Shopping Center | 450 S Palm Canyon Dr
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