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Jensen's Shopping Center 73563-73575 Hwy 111
1,397 - 4,400 SF of Space Available in Palm Desert, CA 92260
Highlights
- Anchored by Jensen's Finest Foods, AutoZone, California Fish Grill, and Mechanics Bank
- Co-tenants include California Fish Grill, Nektar, Restore Wellness, Stretch Zone, AutoZone & Mechanics Bank
- Shopping Center remodeled in 2020
- Centrally located on Highway 111 between Larkspur and San Pablo and backs up to The Gardens on El Paseo
- Heavy day time traffic
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 73609 | 1,397 SF | 5-10 Years | $39.00 /SF/YR $3.25 /SF/MO $419.79 /m²/YR $34.98 /m²/MO $4,540 /MO $54,483 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 73613 | 3,003 SF | 5-10 Years | $39.00 /SF/YR $3.25 /SF/MO $419.79 /m²/YR $34.98 /m²/MO $9,760 /MO $117,117 /YR | Triple Net (NNN) |
73583-73613 Hwy 111 - 1st Floor - Ste 73609
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 4,400 SF of adjacent space
- Highly Desirable End Cap Space
- Visibility from El Paseo. Excellent signage.
73583-73613 Hwy 111 - 1st Floor - Ste 73613
Adjacent to luxury retailers and dining at The Gardens on El Paseo. Property has ingress points on Highway 111, Larkspur and El Paseo. Jensen's Shopping Center is anchored by Jensen's Finest Foods artisanal grocer that specializes in meats, seafoods, pastries, beer and wine and fine liquors. Co-tenants include Mechanics Bank, California Fish Grill, Restore Wellness, Stretchzone, Nektar, Tommy Bahama Home, Jeffrey Alen Salon, and many more.
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 4,400 SF of adjacent space
- Corner Space
- High Ceilings
- Exposed Ceiling
- Excellent visibility and building signage
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.
SELECT TENANTS AT Jensen's Shopping Center
- Tenant
- Description
- US Locations
- Reach
- AutoZone
- Automotive
- 7,350
- International
- California Fish Grill
- -
- -
- -
- Jensen's Finest Foods
- -
- -
- -
- Nekter Juice Bar
- Accommodation and Food Services
- -
- -
- Stretch Zone
- Services
- -
- -
| Tenant | Description | US Locations | Reach |
| AutoZone | Automotive | 7,350 | International |
| California Fish Grill | - | - | - |
| Jensen's Finest Foods | - | - | - |
| Nekter Juice Bar | Accommodation and Food Services | - | - |
| Stretch Zone | Services | - | - |
PROPERTY FACTS FOR 73563-73575 Hwy 111 , Palm Desert, CA 92260
| Center Type | Neighborhood Center | Frontage | |
| Parking | 332 Spaces | Gross Leasable Area | 66,750 SF |
| Stores | 27 | Total Land Area | 5.15 AC |
| Center Properties | 5 | Year Built | 1965 |
| Center Type | Neighborhood Center |
| Parking | 332 Spaces |
| Stores | 27 |
| Center Properties | 5 |
| Frontage | |
| Gross Leasable Area | 66,750 SF |
| Total Land Area | 5.15 AC |
| Year Built | 1965 |
About the Property
Jensen's Shopping Center is anchored by its famous namesake, Jensen' s Finest Foods, an artisanal grocer that specializes in meats, seafood, pastries, gift baskets, and beer, wine and liquor. This establishment has been family owned and operated since 1940 and has developed a very loyal fan base throughout the desert community. Jensen' s offers many opportunities for neighbors and tourists alike to come together during its weekly wine and beer tastings, among other community events. The center currently has leasing opportunities available for restaurant and retail use at 73-609 & 73-613 Highway 111. For leasing information and availability, please contact Todd Leger, at 310-373-2797 , ext. 2. Jensen's Shopping Center is strategically located along Highway 111 between San Pablo and Larkspur and backs up to The Gardens on El Paseo. Contact Agent for details.
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
Presented by
Jensen's Shopping Center | 73563-73575 Hwy 111
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