14290 Palm Dr - Freestanding FOR SALE
Desert Hot Springs, CA 92240 |
$2,100,000 USD
818-259-0476
14290 Palm Dr
Desert Hot Springs, CA 92240
HIGHLIGHTS
- NNN Corporate Lease: This property features a triple net (NNN) lease backed by Del Taco corporate.
- Recent Store Remodel: Del Taco has recently remodeled the premises, upgrading to Del Taco latest store prototype.
- Outparcel to Desert Hot Springs Town Center: Positioned as an outparcel to the Desert Hot Springs Town Center.
- Strong Retail Co-Tenancy: The property is ideally located next to major retailers such as McDonald’s, Vons, Starbucks, and Walgreens.
- Prime Location on Palm Dr.: Situated on Palm Dr., the main thoroughfare in and out of Desert Hot Springs.
- Ideal 1031 Exchange: This investment is perfect for a 1031 exchange, offering a triple net lease.
FOR SALE DETAILS
PRICE
$2,100,000 USD
PRICE/SF
$1,000 USD /SF
CAP RATE
5.39%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Del Taco
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1982
SPRINKLERS
-
PARKING SPACES
15
LAND DETAILS
LAND ACRES
0.43 AC
LAND SF
18,731 SF
ZONING
C2, Desert HotSpring
APN/PARCEL ID
656-040-012
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818-259-0476
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818-259-0476
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