68835 Palm Canyon dr - Retail FOR SALE
Cathedral City, CA 92234 |
$4,330,000 USD
844-585-7684
68835 Palm Canyon dr
Cathedral City, CA 92234
HIGHLIGHTS
- New 20-year absolute NNN ground lease; zero landlord responsibilities
- Investment grade credit (S&P: BBB+)
- Strategically Situated Across from the New Agua Caliente Casino (Top 2% Casino Nationwide, Placer.ai)
- Located in the Newly Constructed Cathedral Cove Center in the Heart of Downtown Cathedral City
- Strong Central Highway 111 Location to Serve the Coachella Valley’s 425,000 Year-Round Residents, and 150,000 Snowbirds
- Major Tourist Attraction: The Coachella Valley attracts over 14 million visitors each year
FOR SALE DETAILS
PRICE
$4,330,000 USD
PRICE/SF
$1,170 USD /SF
CAP RATE
4.85%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Circle K | Cathedral City, CA
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.08 AC
LAND SF
47,045 SF
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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844-585-7684
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844-585-7684
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