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78365 Varner Rd

3,829 SF Retail Building Palm Desert, CA 92211 $2,444,000 ($638/SF) 3.56% Cap Rate

Investment Highlights

  • World’s Largest QSR Chain
  • Seasoned Location with Freeway Visibility
  • Lane Drive-Thru
  • Building Built in 2014 | Large Parcel | Double Lane Drive-Thru
  • Affluent Demographics | Growing Area

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,829 SF
Building Class
B
Year Built
2015
Price
$2,444,000
Price Per SF
$638
Cap Rate
3.56%
NOI
$86,900
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.82 AC
Parking
14 Spaces (3.66 Spaces per 1,000 SF Leased)

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

Nearby Major Retailers

Starbucks
Coco's Bakery
CrossFit
EoS Fitness
Chase
Stater Bros Markets
1st Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
748-380-003
Land Assessment
$1,262,518
Improvements Assessment
$1,452,127
Total Assessment
$2,714,645
  • Listing ID: 33462820

  • Date on Market: 10/9/2024

  • Last Updated:

  • Address: 78365 Varner Rd, Palm Desert, CA 92211

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