78365 Varner Rd
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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
PROPERTY TAXES
Parcel Number | 748-380-003 | Improvements Assessment | $1,452,127 |
Land Assessment | $1,262,518 | Total Assessment | $2,714,645 |
PROPERTY TAXES
Parcel Number
748-380-003
Land Assessment
$1,262,518
Improvements Assessment
$1,452,127
Total Assessment
$2,714,645
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78365 Varner Rd
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