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Freestanding Bank / Retail / Medical / Office 72885 Ramon Rd
1,000 - 3,240 SF of Retail Space Available in Thousand Palms, CA 92276
Highlights
- High Visibility Corner Retail Opportunity - Adjacent to the Busy Intersection of Ramon Rd and Monterey Ave
- Large Fenced Lot with Ample Room for Additional Secure Storage & Parking
- Rapidly Growing Retail Corridor Attracting Consumers from All Across the Coachella Valley
- Direct Access to the I-10 Freeway with and Impressive 106,000 VPD
- Strong Demographic Fundamentals – 3-Mile: 17,387 People with Average Household Income of $101,414
- Popular Destinations in the Immediate Area include Agua Caliente Resort, Costco, Sam’s Club, Walmart, Home Depot, In-n-Out, Chick fil a, and Del Taco
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,000-3,240 SF | Negotiable | $29.64 /SF/YR $2.47 /SF/MO $319.04 /m²/YR $26.59 /m²/MO $8,003 /MO $96,034 /YR | Modified Gross |
1st Floor
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as a Bank
- Central Air Conditioning
- Security System
- Corner Space
- Secure Storage
- Yard
- Direct Access to I-10 Freeway
- Strong Demographics - AAHI of $101,414
- Ample Parking & Fenced Lot
- Highly Visible Corner Property
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 72885 Ramon Rd , Thousand Palms, CA 92276
| Min. Divisible | 1,000 SF | Gross Leasable Area | 3,240 SF |
| Property Type | Retail | Year Built/Renovated | 1991/2022 |
| Property Subtype | Bank | Cross Streets | Arbol Real |
| Min. Divisible | 1,000 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 3,240 SF |
| Year Built/Renovated | 1991/2022 |
| Cross Streets | Arbol Real |
About the Property
Graystone Capital Advisors is pleased to exclusively present the opportunity to purchase or lease 72885 Ramon Rd in Thousand Palm, CA. This property consists of a 3,240 SF retail building situated on an approximately 0.69 AC lot. The former Rabobank building is zoned MU (Mixed-use) allowing for a variety of retail uses and potential for future multifamily development. The property enjoys excellent visibility at the corner of Ramon Rd and Arbol Real Ave, just off from the busy intersection of Ramon and Monterey – both of which feed directly into the I-10 Freeway (106,000 VPD). The property further benefits from direct access to a strong and growing population with 17,387 people with an average household income of $101,414 within a 3-mile radius – growing by an impressive 24.33% growth since 2010. Additionally, the property sits within a rapidly growing retail corridor and is surrounded by a variety of popular retailers including Agua Caliente Resort Casino, Costco, Sam’s Club, Walmart, Home Depot, In-n-Out, Chick fil a, Del Taco, Starbucks, Shell, Arco, Chevron, and many more.
- Bus Line
- Corner Lot
- Storage Space
-
Matthew Hardke -
Jim Root -
Graystone Capital Advisors
Presented by
Freestanding Bank / Retail / Medical / Office | 72885 Ramon Rd
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