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73951 El Paseo, Palm Desert, CA 92260

Commercial property for sale

  • Description
  • Prime commercial corner on famed El Paseo. 15,600 SF Retail Plaza (Bldg One) and 7,391 SF Restaurant (Bldg Two) with 300 front feet on El Paseo. Excess land for future development, plus additional non-contiguous parcel for overflow and valet parking. This is a 100% leased investment (partial, NNN owner-lease-back) providing steady income while the new owner implements a redevelopment plan for additional retail or hotel development. Mitch's restaurant is on a 5 year lease beginning 2013 with two 5-year options w/escalators. To review OFFERING MEMORANDUM goto: www.lee-desert.com Building price details: $9,250,000.
  • Property Details
  • Building Name: Roberge Plaza
    Property Type: Retail
    Use Types: Free-Standing Building, Restaurant, Street Retail
    Status: Available
    Number of Stories: 2
    Year Built: 1998
    Year Renovated: 1998
    MSA: Riverside-San Bernardino-Ontario
    Zoning: C1
    Buildings: 2
    Tenancy: Multiple Tenants
    Broadband Internet: Cable
    Construction: Wood Frame
    Terms: Cash to Seller
    Added: 05/16/2013
    Last Update: 05/16/2013
  • Exterior Features
  • Parking: Yes
    Parking Spaces: 25
    Parking Type: Surface
  • Contact info
  • Maggie Montez: 760-346-2520 [Office]
    Lee & Associates Commercial Real Estate Services

  • Note

  • Details Info about this row that located on 73951 El Paseo, Palm Desert, CA 92260 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.

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