75181 Mediterranean AvePalm Desert, CA 92211

Property Details for 75181 Mediterranean Ave

Year built

1987

Property size (Sq ft)

14,370 SF

Property type

Industrial properties

Property subtype

Other warehouses

Description

This exceptional 14,370-square-foot industrial building in Palm Desert, CA, presents a compelling investment opportunity. Located at 75181 Mediterranean Ave, 92211, this single-story, 1987-built structure underwent a complete renovation in 2009. Currently vacant, the property boasts a flexible layout suitable for single or multi-tenant occupancy. Features include a reception area, conference room, eight private offices, a large break room, four restrooms, and ample storage. The warehouse area offers four 12-foot roll-up doors, evaporative coolers, and a 14-foot clear ceiling height. A significant advantage is the inclusion of a solar panel system, reducing operational costs. The property also benefits from Sola-tubes for natural light and a secured yard with motorized gates. The building is zoned SI and allows for rent bumps. The asking price is $2,690,000, translating to $187.20 per square foot. This credit-rated property offers a strong return on investment potential. The property is situated in Riverside County, California.

Location Insight

City

Palm Desert

County

Riverside

State

California

Latitude

33.7438

Longitude

-116.353

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