For Sale
$1,600,000

19486 Newhall StPalm Springs, CA 92262

7,925 SF Multi-Tenant Industrial Building

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 7,925 square foot multi-tenant industrial warehouse, built in 2007, presents a compelling investment or owner-user opportunity in Palm Springs, CA. Located at 19486 Newhall St, 92262, this property boasts six separate units, each ranging from approximately 1,450 to 1,500 square feet, and features six grade-level loading docks. The building currently enjoys 82% occupancy with four different tenants, including one month-to-month tenant, offering a mix of lease terms and potential upside for a new owner. A detailed rent roll is available upon request. The property includes a 20% office build-out spread across the building, adding to its versatility. With a 14-foot clear ceiling height, a sprinkler system, and 100 amps of power, this warehouse is well-equipped for a variety of uses. Situated on a 0.55-acre lot, the property benefits from M-2 zoning, a fenced perimeter, and excellent freeway visibility and access via the nearby 1-10 freeway at Indian Canyon Drive. The property's APN is 666-423-004. The asking price is $1,600,000, translating to $201.89 per square foot. This prime location in the North Palm Springs Business Center offers significant potential for growth and return on investment.

Highlights

  • $1,600,000 asking price for a 7,925 SF multi-tenant industrial warehouse in Palm Springs, CA.
  • Owner-user or investment opportunity with 82% occupancy.
  • Six units ranging from 1,450 to 1,500 SF each, featuring six grade-level loading doors.
  • Built in 2007, with 14' clear ceiling height and a sprinkler system.
  • Located in the North Palm Springs Business Center, offering excellent freeway visibility and access to the I-10.

Property Details for 19486 Newhall St

Property type
Warehouses, Industrial properties
Square Feet
7,925 SF
Year Built
2007
Lot Size (sq. ft)
23,958 SF

Location Insight

City
Palm Springs
County
Riverside
State
California
Latitude
33.906688
Longitude
-116.5493925
19486 Newhall St, Palm Springs, California

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19486 Newhall St
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