For Lease
$0-$29.40 /SF/YR

340 Farrell DrPalm Springs, CA 92262

Executive & Medical Suites, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
114
The Abbey Center, located at 340 S Farrell Dr, Palm Springs, CA 92262, offers a unique investment opportunity in the thriving Palm Springs submarket of Riverside County. This Class B office complex comprises three buildings totaling 67,635 square feet, featuring 2-story structures with a minimum divisible space of 431 square feet and currently 1,127 square feet vacant. Built in 1982, the property sits on 4.61 acres of land and boasts ample parking (4.6 spaces per 1,000 square feet) and elevators. The property is zoned P (Professional Zone District) and enjoys excellent visibility at the intersection of Ramon Road and South Farrell Drive, two major Palm Springs thoroughfares. Its strategic location offers easy access to Palm Springs International Airport (within one mile) and the I-10 Freeway (10 minutes away), providing convenient access to the entire Coachella Valley. The Abbey Center is ideally situated near a variety of amenities, including restaurants, shops, golf courses, hiking trails, and hotels. The property is suitable for both executive and medical office uses, offering multiple tenancy options. This presents a compelling opportunity to acquire a well-located, established office complex in a high-demand area.

Highlights

  • Elegant, institutional-quality office and medical complex in Palm Springs with three two-story multi-tenant buildings.
  • High-visibility location at Ramon Road and South Farrell Drive intersection.
  • Newly remodeled suites available for immediate lease.
  • Full-service lease rates include HVAC, electric, and janitorial services (normal building hours), plus base year operating expenses.
  • On-site leasing and property management teams.
  • Beautifully landscaped grounds.

Property Details for 340 Farrell Dr

Property type
Office properties, Medical offices
RSF (Rentable sq. ft)
67,635 SF
Class
B
Year Built
1982
Buildings
3
Stories
2

Unit(s) available at that property

Space
490 S Farrel Dr-Suite C-203
Size
2,045 SF
Space
490 S Farrel Dr-Suite C-200
Size
2,350 SF
Space
340 S. Farrel Dr | A112
Size
876 SF
Space
490 S Farrel Dr-Suite C-207
Size
2,350 SF
Space
340 S. Farrell Dr | A200
Size
918 SF
Rate per SF
$29.40
Space
490 S Farrel Dr-Suite C-107
Size
1,166 SF
Rate per SF
$28.20

Location Insight

City
Palm Springs
County
Riverside
State
California
Latitude
33.8181015
Longitude
-116.5175756
340 Farrell Dr, Palm Springs, California

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340 Farrell Dr
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