66205 Paul RdDesert Hot Springs, CA 92240

This exceptional retail property, located at 66205 Paul Road in Desert Hot Springs, California, presents a compelling investment opportunity. The 4,800 square foot building, constructed in 2019, sits on a 1.42-acre lot and boasts a desirable C-H (Highway Commercial) zoning designation. Currently operating at 100% occupancy with a single tenant under a 5-year net lease with 5 years remaining, this property offers immediate cash flow and long-term stability. The asking price is $2,600,000, translating to a compelling price per square foot of $542 and a strong 6.90% capitalization rate, exceeding market averages. Ample parking is provided with 24 spaces available for customers and employees. The property's prime location in Riverside County, CA, zip code 92240, ensures high visibility and accessibility. The property's Assessed Parcel Number (APN) is #660-160-035, and ownership is offered as Fee Simple. This turnkey investment is ideal for those seeking a stable, high-yielding retail asset in a growing market. The property's strong performance and favorable lease terms make it an attractive addition to any portfolio. Don't miss this chance to acquire a well-positioned retail center with significant upside potential.