Canyon Plaza Shopping Center | 67555 E Palm Canyon Dr
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Canyon Plaza Shopping Center 67555 E Palm Canyon Dr
37,895 SF 95% Leased Retail Building Cathedral City, CA 92234 $8,525,000 ($225/SF) 7% Cap Rate
Executive Summary
Shops at Canyon Plaza, a 37,895 square foot retail center situated on approximately 4.05 acres.
The shops are located on Palm Canyon Drive (Highway 111) the desert’s primary traffic artery with traffic counts of over 52,500 cars a day. The project was built in 1981 and has been remodeled by the current ownership. The Tenant mix is comprised of multiple steady retail and service uses.
The shops are located on Palm Canyon Drive (Highway 111) the desert’s primary traffic artery with traffic counts of over 52,500 cars a day. The project was built in 1981 and has been remodeled by the current ownership. The Tenant mix is comprised of multiple steady retail and service uses.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
37,895 SF
Building Class
B
Year Built
1981
Price
$8,525,000
Price Per SF
$225
Cap Rate
7%
NOI
$596,750
Percent Leased
95%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.21
Lot Size
4.05 AC
Zoning
CC
Parking
400 Spaces (10.56 Spaces per 1,000 SF Leased)
Frontage
419 FT on E Palm Canyon Dr
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Suite 103 has been newly remodeled with a new bathroom as well as floor to ceiling glass entry doors and windows that create a bright work environment
| Space | Size | Space Use | Position | Available |
| F 103 | 831 SF | Office/Retail | - | Now |
| F113 | 1,200 SF | Office/Retail | - | Now |
F 103
| Size |
| 831 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
F113
| Size |
| 1,200 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
F 103
| Size | 831 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
Suite 103 has been newly remodeled with a new bathroom as well as floor to ceiling glass entry doors and windows that create a bright work environment
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
F113
| Size | 1,200 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,591,049 | |
| Land Assessment | $789,798 | Total Assessment | $2,380,847 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$789,798
Improvements Assessment
$1,591,049
Total Assessment
$2,380,847
1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Canyon Plaza Shopping Center | 67555 E Palm Canyon Dr
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