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Lord Fletchers 70385 Highway 111 Cir
4,047 SF of Retail Space Available in Rancho Mirage, CA 92270
Highlights
- Lord Fletchers successfully occupied this 4,047 SF iconic restaurant building for over 40 years. It was always known as a first class restaurant/bar!
- Quality restaurant, furnishings, fixtures and equipment included in $2,250,000 purchase price.
- Abundant parking of 66 spaces, which equals 10.6 spaces per 1000 SF.
- Highly visible corner location at major intersection of Highway 111 and Country Club Dr., Rancho Mirage.
- Eye-catching, extraordinary signage, facing all directions towards traffic at this busy signalized intersection.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 4,047 SF | Negotiable | $35.40 /SF/YR $2.95 /SF/MO $381.04 /m²/YR $31.75 /m²/MO $11,939 /MO $143,264 /YR | Triple Net (NNN) |
1st Floor
Introducing a prime lease opportunity at 70385 Highway 111, Rancho Mirage, CA, 92270. This distinguished 4,047 SF restaurant building, steeped in a rich history of hospitality, awaits its next visionary proprietor. This iconic establishment has been synonymous with excellence and has a legacy spanning over 40 years as the esteemed Lord Fletchers Restaurant. Boasting a strategic corner location at the bustling intersection of Highway 111 and Country Club Dr., its prominence is unrivaled. The lease includes top-tier furnishings, fixtures, and equipment, ensuring a seamless transition for aspiring restaurateurs. Embrace the allure of extraordinary signage, capturing attention from all angles amidst this vibrant, signalized thoroughfare. The property is complemented by ample parking, ensuring unmatched accessibility for patrons. Seize this unparalleled opportunity to shape the future of dining and commerce in Rancho Mirage.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- High End Trophy Space
- Central Air and Heating
- Kitchen
- Security System
- Secure Storage
- Ventilation - Venting
- Smoke Detector
- 4,047 SF iconic restaurant building over 40 years!
- Corner location at major signalized intersection.
- Quality FF&E included.
- Eye-catching, extraordinary signage!
- 66 parking spaces, 10.6/1,000 SF parking ratio.
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.
PROPERTY FACTS FOR 70385 Highway 111 Cir , Rancho Mirage, CA 92270
Property Type | Retail | Year Built | 1966 |
Property Subtype | Restaurant | Parking Ratio | 10/1,000 SF |
Gross Leasable Area | 4,047 SF | Cross Streets | Camino Del Cerro |
Property Type | Retail |
Property Subtype | Restaurant |
Gross Leasable Area | 4,047 SF |
Year Built | 1966 |
Parking Ratio | 10/1,000 SF |
Cross Streets | Camino Del Cerro |
About the Property
Introducing a prime lease opportunity at 70385 Highway 111, Rancho Mirage, CA, 92270. This distinguished 4,047 SF restaurant building, steeped in a rich history of hospitality, awaits its next visionary proprietor. This iconic establishment has been synonymous with excellence and has a legacy spanning over 40 years as the esteemed Lord Fletchers Restaurant. Boasting a strategic corner location at the bustling intersection of Highway 111 and Country Club Dr., its prominence is unrivaled. The lease includes top-tier furnishings, fixtures, and equipment, ensuring a seamless transition for aspiring restaurateurs. Embrace the allure of extraordinary signage, capturing attention from all angles amidst this vibrant, signalized thoroughfare. The property is complemented by ample parking, ensuring unmatched accessibility for patrons. Seize this unparalleled opportunity to shape the future of dining and commerce in Rancho Mirage.
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
Nearby Major Retailers
Presented by
Lord Fletchers | 70385 Highway 111 Cir
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