Indian Wells Health & Wealth Center 74785 Highway 111

40,750 SF 93% Leased Office Building Indian Wells, CA 92210 $11,670,000 ($286/SF) 7% Cap Rate

EXECUTIVE SUMMARY

Progressive Real Estate Partners is proud to present the Indian Wells Health & Wealth Center, a landmark medical office asset located in the prestigious and affluent community of Indian Wells, CA. Boasting striking and unique architecture, the property has long attracted a diverse and stable tenant mix of medical and financial service professionals, including nationally and regionally recognized brands such as Charles Schwab, Halo Diagnostics, Mercer Financial, and SBEMP Law, making it a cornerstone of the community’s limited commercial landscape. This property’s landmark status, prime Highway 111 location, diverse income stream, upside potential, and iconic design make it an exceptional investment in one of Southern California’s most affluent and exclusive cities.

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PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
40,750 SF
Building Class
B
Year Built
1996
Price
$11,670,000
Price Per SF
$286
Cap Rate
7%
NOI
$816,900
Percent Leased
93%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
20,375 SF
Slab To Slab
12’
Building FAR
0.33
Lot Size
2.79 AC
Zoning
OP - Professional Office that allows for both office and medical uses.
Parking
150 Spaces (3.68 Spaces per 1,000 SF Leased)

AMENITIES

  • Courtyard
  • Signage
  • Monument Signage
  • Outdoor Seating
  • Balcony

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 105
  • 2,723 SF
  • Office
  • Full Build-Out
  • Now
Space Size Space Use Condition Available
1st Fl-Ste 105 2,723 SF Office Full Build-Out Now

1st Fl-Ste 105

Size
2,723 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

PROPERTY TAXES

  • Listing ID: 34285530

  • Date on Market: 12/24/2024

  • Last Updated:

  • Address: 74785 Highway 111, Indian Wells, CA 92210