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Portola Center 74040 Highway 111
3,000 - 20,193 SF of Space Available in Palm Desert, CA 92260
HIGHLIGHTS
- Fully Improved Office Space
- Good tenant mix
- Heavy Daytime Traffic
- Just off major street
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste G | 4,000-6,860 SF | - | 3-10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | |
| 2nd Floor, Ste Upstairs | 3,000-13,333 SF | 8’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste G
Currently a restaurant, this space can also be modified for medical, and or professional office use. Reduced rates and abatement are available, please contact me for details.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Central Air and Heating
- Smoke Detector
- Wheelchair Accessible
- Location, and price. Please see attached brochure
- Plenty of Parking
- High Traffic Corridor
2nd Floor, Ste Upstairs
¨ The entire fully improved 2nd floor is now available for lease ¨ Ample Parking: Includes the vacant lots illustrated on the attached aerial page ¨ Extensive improvements, reception area with multiple private offices ¨ The asking price is negotiable, and rental abatement is available ¨ Motivated owner looking for qualified operators
- Fully Built-Out as Standard Office
- Office intensive layout
- Fits 8 - 107 People
- Conference Rooms
- Finished Ceilings: 8’
- Space is in Excellent Condition
- Central Air and Heating
- Smoke Detector
- Fully improved, Price, Location, Abatement
- Plenty of Parking
- Excellent Visibility
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 74040 HIGHWAY 111 , PALM DESERT, CA 92260
| Total Space Available | 20,193 SF | Gross Leasable Area | 34,038 SF |
| Min. Divisible | 3,000 SF | Year Built | 1990 |
| Property Type | Retail | Parking Ratio | 4.17/1,000 SF |
| Property Subtype |
| Total Space Available | 20,193 SF |
| Min. Divisible | 3,000 SF |
| Property Type | Retail |
| Property Subtype | |
| Gross Leasable Area | 34,038 SF |
| Year Built | 1990 |
| Parking Ratio | 4.17/1,000 SF |
ABOUT THE PROPERTY
PROPERTY HIGHLIGHTS: Qualified tenants to receive reduced rates and free rent. Prime location, Hwy 111 and Portola Ave, Palm Desert Former restaurant space with equipment in place, this first-floor hard corner space is also available for office use. Built out 2nd floor space, 3,000/SF to 13,000/SF Please see the attached brochure.
- Signage
- Signalized Intersection
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
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Portola Center | 74040 Highway 111
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