72630 Dinah Shore Dr - Storefront FOR SALE


Palm Desert, CA 92211- Outlying Palm Springs
$5,200,000 USD
858-692-7523
72630 Dinah Shore Dr, Palm Desert, CA for Sale
$5,200,000 USD
Storefront - FOR SALE
1/11
null | Request Cap Rate

72630 Dinah Shore Dr
Palm Desert, CA 92211
Outlying Palm Springs


OVERVIEW

72630 Dinah Shore, located within Monterey Shore Plaza is a prime opportunity to acquire a two-tenant building with strong in-place NOI from Dollar Tree, a nationally recognized and investment-grade tenant (BBB Rating) with a corporate guarantee. Located at a super-regional retail intersection surrounded by prominent national retailers such as Walmart, Sam's Club, Home Depot, Regal Cinemas and Kohl's. This investment property is ideal for an owner-user scenario, allowing the owner-tenant to occupy more than 50% of the space and take advantage of SBA 504 loan benefits. With just 10% down, buyers can secure long-term financing with a 25-year note term. This prime location serves as a key commercial hub for the entire Coachella Valley, making it an attractive destination for retail, medical, and fitness tenants. The region is experiencing significant growth, with multiple residential developments underway that will further expand the local consumer base. Additionally, two full-size loading docks enhance operational efficiency, making it ideal for a variety of uses.

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$210 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

124

LAND DETAILS

LAND ACRES

2.3 AC

LAND SF

100,188 SF

ZONING

PC-3

APN/PARCEL ID

685-020-006

ASK ABOUT THIS PROPERTY

Chad VogtColdwell Banker Commercial-WestMore Info
858-692-7523

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Chad VogtColdwell Banker Commercial-WestMore Info
858-692-7523

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.