19486 Newhall StPalm Springs, CA 92262

Property Details for 19486 Newhall St

Year built

2007

Lot size

0.55 AC

Property size (Sq ft)

7,925 SF

Property type

Industrial properties

Property subtype

Other warehouses

Description

This exceptional 7,925 square foot multi-tenant industrial warehouse, built in 2007, presents a compelling investment or owner-user opportunity in Palm Springs, CA. Located at 19486 Newhall St, 92262, this property boasts six separate units, each ranging from approximately 1,450 to 1,500 square feet, and features six grade-level loading docks. The building currently enjoys 82% occupancy with four different tenants, including one month-to-month tenant, offering a mix of lease terms and potential upside for a new owner. A detailed rent roll is available upon request. The property includes a 20% office build-out spread across the building, adding to its versatility. With a 14-foot clear ceiling height, a sprinkler system, and 100 amps of power, this warehouse is well-equipped for a variety of uses. Situated on a 0.55-acre lot, the property benefits from M-2 zoning, a fenced perimeter, and excellent freeway visibility and access via the nearby 1-10 freeway at Indian Canyon Drive. The property's APN is 666-423-004. The asking price is $1,600,000, translating to $201.89 per square foot. This prime location in the North Palm Springs Business Center offers significant potential for growth and return on investment.

Location Insight

City

Palm Springs

County

Riverside

State

California

Latitude

33.9067

Longitude

-116.549

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