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72996 El Paseo
3,084 SF of Retail Space Available in Palm Desert, CA 92260
Highlights
- Situated on the hard corner where Monterey, Highway 111, Highway 74, and El Paseo intersect at the busiest intersection in the Valley, 60k vpd.
- Surrounded by thousands of homes, the property anchors an established, busy shopping center.
- 3,084 square foot end cap space that is divisible and has excellent street frontage and visibility.
- High visibility signage opportunity on roof parapet of the space.
- Sits at the gateway to one of the country’s finest high end shopping districts, El Paseo, the heart of the Valley’s big box anchors.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,084 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
- Situated on the hard corner where Monterey, Highway 111, Highway 74, and El Paseo intersect at the busiest intersection in the Valley, with over 60,150 vehicles passing by daily. - High visibility signage opportunity on roof parapet of the space. - Surrounded by thousands of homes, the property anchors an established, busy shopping center that shares reciprocal access to a major power center. - This location sits at the gateway to one of the country’s finest high end shopping districts, El Paseo, the heart of the Valley’s big box anchors, and national retailers. - Owners have remodeled the entire building and created 3,000 square foot end cap space that is divisible and has excellent street frontage and visibility at the sgnalized, hard corner intersection. - Newly installed landscaping and parking lot with unmatched night visibility with impressive architectural outdoor lighting.
- 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
- Central Air Conditioning
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 72996 El Paseo , Palm Desert, CA 92260
| Total Space Available | 3,084 SF | Total Land Area | 4.00 AC |
| Property Type | Retail | Year Built | 1981 |
| Property Subtype | Freestanding | Parking Ratio | 4.17/1,000 SF |
| Gross Leasable Area | 9,600 SF |
| Total Space Available | 3,084 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 9,600 SF |
| Total Land Area | 4.00 AC |
| Year Built | 1981 |
| Parking Ratio | 4.17/1,000 SF |
About the Property
1,000-3,084 SF restaurant or retail space available plus a 880 SF outdoor patio, directly on the hard corner with maximum exposure to 60k+ cars per day at the traffic signal. This is the gateway intersection before the El Paseo shopping district. Also across the street from the The Shops at Palm Desert mall. The space includes 7.5 Tons of HVAC, 200 Amp Electrical, & Gas line.
- Corner Lot
- Signalized Intersection
Nearby Major Retailers
Presented by
Triton Real Estate
72996 El Paseo
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