For Sale
$2,450,000

78375 Varner RdPalm Desert, CA 92211

Prime location, freeway-visible restaurant, 6,887 sq ft

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional restaurant opportunity, located at 78375 Varner Rd in Palm Desert, CA, presents a unique chance for ownership or lease. Situated on a 1.56-acre lot within the Desert Cities Oasis Shopping Center, this 6,887 square-foot building boasts prime visibility directly off Interstate 10, benefiting from approximately 94,000 daily vehicles. Built in 1999, the property features pylon signage and ample parking. The strong trade area encompasses over 113,000 residents within a 5-mile radius, boasting an average household income of $110,643. Neighboring businesses include McDonald's, Starbucks, Arco, Chevron, Burger King, and Popeyes. The property's proximity to the Sun City Palm Desert retirement community (over 9,000 residents) further enhances its appeal. Palm Desert's status as a cultural and retail hub, coupled with its proximity to Palm Springs (a major tourist destination), ensures a robust customer base. The property is zoned SP-Specific Plan Zone and is offered as a fee simple investment. Fixtures and furniture from the previous tenant are available for purchase. This is an ideal opportunity for a restaurant owner-user seeking a high-traffic, established location.

Highlights

  • High-visibility location directly off Interstate 10, boasting ±94,000 daily traffic count and freeway signage opportunities.
  • Shadow-anchored by McDonald's, Starbucks, Chevron, Arco, Popeye's, and Burger King.
  • Adjacent to Sun City Palm Desert, a retirement community with over 9,000 residents.
  • Strong trade area with over ±113,000 residents and an average household income of ±$110,643 within a 5-mile radius.
  • Proximity to Acrisure Arena and multiple shopping centers.
  • ±6,887 SF building on a ±1.56-acre lot, built in 1999, with ample parking.

Property Details for 78375 Varner Rd

Property type
Retail properties, Restaurants
Square Feet
6,887 SF
Year Built
1999
Buildings
1
Stories
1
Lot Size (sq. ft)
67,954 SF
Units
1

Location Insight

City
Palm Desert
County
Riverside
State
California
Latitude
33.7607127
Longitude
-116.2972212
78375 Varner Rd, Palm Desert, California

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78375 Varner Rd
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