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73101 Highway 111 2,300 - 7,300 SF of Space Available in Palm Desert, CA 92260
HIGHLIGHTS
- HEAVY TRAFFIC, TROPHY BUILDING, NEW TENANT INCOMING WILL INCREASE FOOT TRAFFIC EXPONENTIALLY
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste Ground North | 5,000 SF | 10’ - 16’ | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $258.33 /m²/YR $21.53 /m²/MO $10,000 /MO $120,000 /YR | Triple Net (NNN) | |
| 2nd Floor, Ste 2 | 2,300 SF | 8’ - 12’ | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $258.33 /m²/YR $21.53 /m²/MO $4,600 /MO $55,200 /YR | Triple Net (NNN) |
1st Floor, Ste Ground North
Unique and expansive retail space ready for your imagination! Trophy building with intricate design aspects directly adjacent to an exciting new F&B tenant currently building out their space. Lots of possibilities available in this central located highly trafficked building. High ceilings and multi-level flooring provides an exciting canvas for your business to thrive. LL open to being creative about leasing terms so come see it quickly!
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space In Need of Renovation
- Corner Space
- Raised Floor
- High Ceilings
- After Hours HVAC Available
- Finished Ceilings: 10’ - 16’
- trophy building with exciting new tenant
2nd Floor, Ste 2
High-quality office space available in trophy building with multiple layout options available. Kitchen area included and space is demisable if desired. Creative leasing options considered in this premier location with long-term neighboring tenants
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- 6 Private Offices
- 1 Conference Room
- Finished Ceilings: 8’ - 12’
- Space is in Excellent Condition
- Plug & Play
- Fully Carpeted
- After Hours HVAC Available
- Demised WC facilities
- central valley location
- central valley location
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 7,300 SF | Gross Leasable Area | 20,335 SF |
| Property Type | Retail | Year Built | 1995 |
| Property Subtype | Restaurant | Parking Ratio | 1.97/1,000 SF |
| Total Space Available | 7,300 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 20,335 SF |
| Year Built | 1995 |
| Parking Ratio | 1.97/1,000 SF |
ABOUT THE PROPERTY
Beautiful, long-standing trophy building located centrally in the Valley and surrounded by thriving businesses and heavy traffic. With recent updates, abundant parking and an exciting new restaurant tenant incoming, this adjacent space will be in high demand and is perfectly situated for your business. LL will consider all options and is willing to discuss TIs for buildout so reach out today!
- Restaurant
- Signage
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| el Paseo | Ocotillo Dr, E | 14,318 | 2022 | 0.05 mi |
| Pines To Palms Hwy | el Paseo, S | 22,168 | 2022 | 0.07 mi |
| Hwy 111 | Palm Desert Dr, W | 36,609 | 2022 | 0.10 mi |
| Pines To Palms Hwy | el Paseo, N | 21,873 | 2022 | 0.11 mi |
| el Paseo | Pines To Palms Hwy, E | 9,665 | 2022 | 0.16 mi |
| Monterey Ave | Palm Desert Dr N, S | 23,557 | 2022 | 0.16 mi |
| Hwy 111 | Monterey Ave, E | 33,000 | 2022 | 0.19 mi |
| Ocotillo Dr | Tumbleweed Ln, N | 796 | 2022 | 0.19 mi |
| Plaza Way | Hwy 111, N | 5,529 | 2022 | 0.27 mi |
| el Paseo | Plz Way, E | 9,177 | 2022 | 0.29 mi |
NEARBY MAJOR RETAILERS
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