Home > Commercial > California > Palm Springs > 92262 > 440 El Cielo Rd

440 El Cielo Rd, Palm Springs, CA 92262

Commercial property for sale

  • Description
  • The subject project is a neighborhood retail shopping center located on 3.22 acres and consists of approximately 21,688 square foot. Anchored by Warner Cable, this multi-tenant retail center is 93.7% leased. Property is constructed as wood frame and is located on the signalized NEC of E. Ramon Road and S. El Cielo Road. Property also has two outparcels, one on the hard corner of E. Ramon and El Cielo and the other fronting on El Cielo. Both parcels may accommodate additional buildable area to the subject project and will allow investors additional potential upside in the investment. CAP Rate 9.3% on existing income. Gross Square Footage: 21,688 sq. ft.Large Parcel, 3.22 acres with two additional developable pads. Below market rental rates allowing for future upside. Parked at 8.38/1,000, 123 free surface stalls. Fully Improved multi-tenant commercial project, with only one vacancy. Vacancy factor of only 6.2%.Good traffic counts of +/-39K cars per day.Built April, 1990Zoning: C-1Hard corner of E. Ramon Road and El Cielo drive in Palm Springs, California.Contact Michael Meade or Lynn Coker in regards to any questions or to schedule a tour. Building price details: $2,800,000.
  • Property Details
  • Property Type: Retail
    Use Types: Neighborhood Center
    Status: Available
    Year Built: 1990
    MSA: Riverside-San Bernardino-Ontario
    Zoning: COMMERCIAL
    Buildings: 1
    Terms: Cash to Seller
    Added: 06/21/2013
    Last Update: 07/10/2013
  • Exterior Features
  • Parking: Yes
    Parking Spaces: 123
  • Contact info
  • Michael C Meade: 760-837-1880 [Office]
    Wilson Johnson Commercial Real Estate

  • Note

  • Details Info about this row that located on 440 El Cielo Rd, Palm Springs, CA 92262 was got from trusty sources, but All Foreclosures Homes can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

    If you see any error or mismatches on this page – click here.