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Festival Plaza 707 E Tahquitz Canyon Way

7,167 SF of Retail Space Available in Palm Springs, CA 92262

Highlights

  • Location: Palm Springs, offering a prime 7,167 square feet restaurant opportunity in a hotel/convention center zone.
  • Kitchen Excellence: A fully built-out and equipped kitchen is in place.
  • Investment: Over $500,000 in significant and costly upgrades have already been implemented throughout the space.
  • Unique Features: The existing layout boasts an impressive large circular bar with an entertainment area and a dedicated stage.
  • Upscale Concept: Construction initially began for a high-end restaurant/bar/entertainment concept, showcasing the potential for a sophisticated and up
  • Inviting Patio Experience: The space includes a large wrap-around patio with a freshly painted railing, a structure for shade cover, and a misting sys

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 4-101
  • 7,167 SF
  • Negotiable
  • $21.00 /SF/YR $1.75 /SF/MO $150,507 /YR $12,542 /MO
  • Triple Net (NNN)
777 E Tahquitz Canyon Way - 1st Floor - Ste 4-101
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

LOCATION DESCRIPTION: Discover this restaurant lease opportunity within The Courtyard, a dynamic mixed-use project that stands as a focal point in Palm Springs' vibrant landscape. This prime location is strategically positioned across the street from the Palm Springs Convention Center, the city's largest hotels, and a stone's throw away from the bustling Downtown Palm Springs. Key Features: • Strategic Location: Nestled within The Courtyard, a large mixed-use project that includes the Regal Movie Theater, this restaurant space enjoys a strategic position, attracting both locals and visitors. • Proximity to Key Attractions: Directly across the street from the Palm Springs Convention Center and the city's largest hotels, ensuring a constant flow of foot traffic and visibility. • City Block Presence: Encompassing an entire city block, The Courtyard stands as a prominent landmark, making your restaurant a central part of this dynamic urban space. • Entertainment Hub: Being in close proximity to the Regal Movie Theater, your restaurant becomes an integral part of the entertainment hub within The Courtyard. • Downtown Accessibility: Just blocks away from Downtown Palm Springs, providing easy access to the city's vibrant shopping, arts, and cultural scene. LEASE DESCRIPTION: Exceptional Restaurant Lease Opportunity at The Courtyard, Palm Springs Embark on a culinary venture with a unique opportunity to lease a prime restaurant space at the prestigious Courtyard in Palm Springs. Key Highlights: • Central Palm Springs Location: Nestled in the heart of Palm Springs, this restaurant space at the Courtyard enjoys a central and easily accessible location. • Culinary Hub: Join the thriving culinary scene in Palm Springs and become a part of a dynamic community of restaurants and eateries. • Flexible Space: Customize the restaurant space to match your culinary vision. • Collaborative Atmosphere: Be a part of a collaborative and vibrant tenant mix where The Courtyard provides an environment conducive to success. SPACE DESCRIPTION: Unleash Your Culinary Vision in a Fully-Built Culinary Oasis - $500,000 in Recent Improvements! This restaurant space, boasting over $500,000 in recent improvements, offers an unparalleled canvas for your vision. Situated in the heart of Palm Springs, this establishment is almost fully built out, presenting an exciting opportunity for restaurateurs ready to make their mark. Key Features: • State-of-the-Art Kitchen: Step into a completely remodeled and equipped kitchen. • Circular Bar: The main dining area features a large circular bar, already built out with plumbing and structural elements. The only thing missing is your creative touch to finalize, allowing you to infuse your unique style into this centerpiece. • Versatile Interior Ready for Your Signature Touch: While major infrastructure is complete, there's room for your personal touch. Put the finishing touches on this space with paint, flooring, and other improvements. • Entertainment Ready: This space comes complete with a built-out stage, backstage area, and green rooms for performers to prepare. • Inviting Patio: Enjoy a large wrap-around patio with freshly painted railing, a structure for shade cover, and a misting system that creates an inviting atmosphere. Opportunity Awaits: • Turnkey Infrastructure: The hard work is done. Benefit from the extensive investment in infrastructure and make this space your own with the finishing touches that reflect your brand. • Remaining FF&E: Some Furniture, Fixtures, and Equipment (FF&E) are still available, providing additional value and flexibility for your customization. This is more than a restaurant space; it's an opportunity to create a culinary destination. Schedule a viewing today to explore the endless possibilities and elevate your culinary venture to new heights.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as a Restaurant or Café Space
  • Highly Desirable End Cap Space
  • Space In Need of Renovation
  • Anchor Space
  • Central Air and Heating
  • Kitchen
  • Private Restrooms
  • Freezer Space
  • Security System
  • Corner Space
  • Ventilation - Venting
Space Size Term Rental Rate Rent Type
1st Floor, Ste 4-101 7,167 SF Negotiable $21.00 /SF/YR $1.75 /SF/MO $150,507 /YR $12,542 /MO Triple Net (NNN)

777 E Tahquitz Canyon Way - 1st Floor - Ste 4-101

Size
7,167 SF
Term
Negotiable
Rental Rate
$21.00 /SF/YR $1.75 /SF/MO $150,507 /YR $12,542 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

LOCATION DESCRIPTION: Discover this restaurant lease opportunity within The Courtyard, a dynamic mixed-use project that stands as a focal point in Palm Springs' vibrant landscape. This prime location is strategically positioned across the street from the Palm Springs Convention Center, the city's largest hotels, and a stone's throw away from the bustling Downtown Palm Springs. Key Features: • Strategic Location: Nestled within The Courtyard, a large mixed-use project that includes the Regal Movie Theater, this restaurant space enjoys a strategic position, attracting both locals and visitors. • Proximity to Key Attractions: Directly across the street from the Palm Springs Convention Center and the city's largest hotels, ensuring a constant flow of foot traffic and visibility. • City Block Presence: Encompassing an entire city block, The Courtyard stands as a prominent landmark, making your restaurant a central part of this dynamic urban space. • Entertainment Hub: Being in close proximity to the Regal Movie Theater, your restaurant becomes an integral part of the entertainment hub within The Courtyard. • Downtown Accessibility: Just blocks away from Downtown Palm Springs, providing easy access to the city's vibrant shopping, arts, and cultural scene. LEASE DESCRIPTION: Exceptional Restaurant Lease Opportunity at The Courtyard, Palm Springs Embark on a culinary venture with a unique opportunity to lease a prime restaurant space at the prestigious Courtyard in Palm Springs. Key Highlights: • Central Palm Springs Location: Nestled in the heart of Palm Springs, this restaurant space at the Courtyard enjoys a central and easily accessible location. • Culinary Hub: Join the thriving culinary scene in Palm Springs and become a part of a dynamic community of restaurants and eateries. • Flexible Space: Customize the restaurant space to match your culinary vision. • Collaborative Atmosphere: Be a part of a collaborative and vibrant tenant mix where The Courtyard provides an environment conducive to success. SPACE DESCRIPTION: Unleash Your Culinary Vision in a Fully-Built Culinary Oasis - $500,000 in Recent Improvements! This restaurant space, boasting over $500,000 in recent improvements, offers an unparalleled canvas for your vision. Situated in the heart of Palm Springs, this establishment is almost fully built out, presenting an exciting opportunity for restaurateurs ready to make their mark. Key Features: • State-of-the-Art Kitchen: Step into a completely remodeled and equipped kitchen. • Circular Bar: The main dining area features a large circular bar, already built out with plumbing and structural elements. The only thing missing is your creative touch to finalize, allowing you to infuse your unique style into this centerpiece. • Versatile Interior Ready for Your Signature Touch: While major infrastructure is complete, there's room for your personal touch. Put the finishing touches on this space with paint, flooring, and other improvements. • Entertainment Ready: This space comes complete with a built-out stage, backstage area, and green rooms for performers to prepare. • Inviting Patio: Enjoy a large wrap-around patio with freshly painted railing, a structure for shade cover, and a misting system that creates an inviting atmosphere. Opportunity Awaits: • Turnkey Infrastructure: The hard work is done. Benefit from the extensive investment in infrastructure and make this space your own with the finishing touches that reflect your brand. • Remaining FF&E: Some Furniture, Fixtures, and Equipment (FF&E) are still available, providing additional value and flexibility for your customization. This is more than a restaurant space; it's an opportunity to create a culinary destination. Schedule a viewing today to explore the endless possibilities and elevate your culinary venture to new heights.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as a Restaurant or Café Space
  • Highly Desirable End Cap Space
  • Space In Need of Renovation
  • Anchor Space
  • Central Air and Heating
  • Kitchen
  • Private Restrooms
  • Freezer Space
  • Security System
  • Corner Space
  • Ventilation - Venting

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.

SITE PLAN

PROPERTY FACTS FOR 707 E Tahquitz Canyon Way , Palm Springs, CA 92262

Center Type Community Center
Parking 1,768 Spaces
Stores 3
Center Properties 4
Frontage
490’ on S Calle El Segundo
  • 635’ on E Tahquitz Canyon Way
Gross Leasable Area 105,979 SF
Total Land Area 6.16 AC
Year Built 1985

About the Property

Mixed-use retail, entertainment, and office.

  • Banking
  • Courtyard
  • Property Manager on Site
  • Restaurant
  • Signalized Intersection
Walk Score ®
Very Walkable (80)
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

Banc of California
Starbucks
The Coffee Bean & Tea Leaf
Orangetheory Fitness
CrossFit
Grocery Outlet
Bank of America
Wells Fargo Bank
U.S. Bank
IHOP
  • Listing ID: 30878870

  • Date on Market: 1/31/2024

  • Last Updated:

  • Address: 707 E Tahquitz Canyon Way, Palm Springs, CA 92262

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