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El Paseo Collection Elegante 73151 El Paseo
2,095 SF of Retail Space Available in Palm Desert, CA 92260
Highlights
- A Landmark Property located in the "Heart" of El Paseo's desirable Shopping, Dining and Entertainment District
- Prime Frontage and Visibility
- Surrounded by Noteworthy High-End Retailers
- Maximum Signage Opportunity on El Paseo!
- High-End Quality Design and Construction
- Well Maintained Property
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor, Ste A | 2,095 SF | Negotiable | $48.00 /SF/YR $4.00 /SF/MO $516.67 /m²/YR $43.06 /m²/MO $8,380 /MO $100,560 /YR | Triple Net (NNN) |
1st Floor, Ste A
This first floor retail space offers 2,095 SF of open layout, perfect for showcasing your business. The space features impressive ceiling heights and expansive floor-to-ceiling glass windows facing the infamous El Paseo Dr., ensuring excellent visibility and natural light. Additional Features: *A versatile back room that can be used for storage or as an office. *Option to lease the second floor at no additional charge, providing an extra 1,812 square feet. *The second floor includes outdoor patio space, floor to ceiling window enclosure, large open storage areas, and a full bathroom.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Private Restrooms
- High Ceilings
- In the "Heart" of El Paseo
- Maximum Signage
- Lots of Natural Light
- Prime Frontage and Visibility
- High-End Quality Design
- Surrounded by Noteworthy High-End Retailers
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 73151 El Paseo , Palm Desert, CA 92260
Property Type | Retail | Year Built | 1987 |
Property Subtype | Storefront Retail/Office | Parking Ratio | 3.98/1,000 SF |
Gross Leasable Area | 19,349 SF |
Property Type | Retail |
Property Subtype | Storefront Retail/Office |
Gross Leasable Area | 19,349 SF |
Year Built | 1987 |
Parking Ratio | 3.98/1,000 SF |
About the Property
El Paseo Collection Elegante is a multi-tenant strip center on El Paseo with prime frontage and visibility. A Landmark Property located in the "Heart" of El Paseo's desirable Shopping, Dining and Entertainment District. The center offers high-end quality design and construction with floor to ceiling glass on El Paseo for visibility for store and products. The property has opportunity for maximum signage on El Paseo. Abundant parking is located behind the building, in addition to street parking on El Paseo. This PREMIER property is meticulously maintained and is strategically located adjacent to a number of noteworthy destinations, including Saks, Tiffany & Co., The Daily Grill, California Pizza Kitchen, Gucci, St. John and Ralph Lauren just to name a few. El Paseo Collection Elegante is located in the city of Palm Desert which is central to the Coachella Valley. Located in the heart of the El Paseo Shopping, Dining and Entertainment district, El Paseo Collection Elegante is perfect for high-end retailers and service related industries such as real estate that require a high-end location. There are numerous high-end and noteworthy retailers and restaurants proximate to the site which include Gucci, Louis Vuitton, Sak's Fifth Ave., Tommy Bahama's, Mastro's and many more.
- Storage Space
- Air Conditioning
Nearby Major Retailers
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El Paseo Collection Elegante | 73151 El Paseo
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