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Cuistot Restaurant 72595 El Paseo

8,075 SF 100% Leased Retail Building Palm Desert, CA 92260 $5,600,000 ($693/SF)

Investment Highlights

  • Seller Financing Available!

Executive Summary

Introducing a premier property located at 72595 El Paseo, Palm Desert, CA, 92260. This exquisite 8,075 SF building, built in 2003, presents an unparalleled opportunity for a high end restaurant operator to own their building in the prestigious El Paseo Corridor. With a flawless blend of luxury and functionality, this space is designed as a French farmhouse and features a stunning fireplace that captivates the space. A generous patio with a fireplace offers picturesque views of art gardens, complemented by a stylish bar and a display kitchen with extensive glass walls. Additionally, the property comes complete with real estate, liquor license, furniture, fixtures, equipment, and business assets at an all-inclusive price of $5,600,000. This is a rare opportunity with creative financing options available.

Attachments

Brochure

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,075 SF
Building Class
C
Year Built
2003
Price
$5,600,000
Price Per SF
$693
Percent Leased
100%
Building Height
1 Story
Building FAR
0.48
Lot Size
0.39 AC
Parking
40 Spaces (4.95 Spaces per 1,000 SF Leased)
Frontage
300 FT on El Paseo

Amenities

  • Conferencing Facility
  • Fireplace
  • Restaurant
  • Air Conditioning

Nearby Major Retailers

Starbucks
ALDI
Whole Foods
Yoga Six
Surf City Squeeze
Hot Dog On A Stick
The Coffee Bean and Tea Leaf
Citi
PNC Bank
Stuft Pizza Bar & Grill

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
640-370-003
Land Assessment
$1,045,427
Improvements Assessment
$2,408,536
Total Assessment
$3,453,963
  • Listing ID: 32911175

  • Date on Market: 1/29/2023

  • Last Updated:

  • Address: 72595 El Paseo, Palm Desert, CA 92260

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