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72630 Dinah Shore DrPalm Desert, CA 92211

Medical Retail, Costco-Anchored Plaza

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 24,800 square foot Class A medical retail building, situated on a 2.3-acre lot in Palm Desert, CA (92211), presents a unique investment opportunity. Built in 1992 and renovated in 2011, the single-story property boasts 21-foot ceilings and features two suites, with 12,800 square feet currently available. The minimum divisible space is 12,800 square feet, while the maximum contiguous space is the entire 24,800 square feet. The property includes two loading docks and ample parking (4.5 spaces per 1,000 square feet). Located at the dominant retail intersection of Dinah Shore Drive, this highly visible location benefits from freeway access (Interstate 10) and proximity to a high-volume Costco. The property is zoned C-1 and enjoys a low tax rate of $1.61 per square foot. This prime location serves a thriving community of 425,000 year-round residents, 150,000 seasonal residents, and 3 million annual tourists, further enhanced by the recent opening of the Coachella Valley Arena and numerous ongoing residential developments. This presents a remarkable chance to establish a presence in a rapidly expanding area with significant growth potential. The property offers great exposure for essential retailers and service providers.

Highlights

  • 24,800 SF Class A medical retail building on a 2.3-acre lot in Palm Desert, CA (92211).
  • I-10 freeway access, anchored by a high-volume Costco, with visibility to over 110,000 cars per day (CPD).
  • Prime retail location serving the entire Coachella Valley, at a dominant intersection with numerous national retailers including Walmart, Sam's Club, and Home Depot.
  • 12,800 SF currently available, divisible to a minimum of 12,800 SF and a maximum of 24,800 SF contiguous space. Features include 21-foot ceilings, two loading docks, and ample parking (4.5 spaces per 1,000 SF).

Property Details for 72630 Dinah Shore Dr

Property type
Retail properties
RSF (Rentable sq. ft)
24,800 SF
Class
A
Year Built/Renovated
1992/2011
Stories
1

Unit(s) available at that property

Space
Available Space 1
Size
12,800 SF

Location Insight

City
Palm Desert
County
Riverside
State
California
Latitude
33.802906
Longitude
-116.39187
72630 Dinah Shore Dr, Palm Desert, California

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72630 Dinah Shore Dr
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