42502 Melanie Place is a rare opportunity to purchase a single-tenant, absolute NNN industrial building in the sought after Cook Street area of Palm Desert, California - the center of the greater Coachella Valley/Palm Springs submarket. This highly functional property is a favorite for long term tenancies. The property has been leased since 2010 by Imperial Sprinkler Supply, Inc., whose affiliated company and guarantor of the lease, SRS Distribution, Inc., is a subsidiary of The Home Depot after being purchased in June, 2024 for $18 billion. Please see the attached offering memorandum or call for more details.