72875 Ca-111, Palm Desert, CA 92260
$3,400,000
Property Type:
Commercial Sale
Square Footage:
21,440
Lot Size (sq. ft.):
80,586
Status:
Closed
Current Price:
$3,400,000
List Date:
2/22/2024
Last Modified:
11/20/2024
Description
Prime Commercial Property the former Rite Aid with Fixtures in the center of Palm Desert. Previously housing a successful Rite Aid, this expansive space is now available for a new venture, complete with all fixtures included.
Ideal Location: Situated in a high-traffic area of Palm Desert, this property enjoys prime visibility and accessibility, making it perfect for a variety of businesses. Located next to Staples with Highway 111 visibility.
Spacious Interior: Featuring a large floor plan, the property offers ample space to accommodate diverse business concepts. The layout is versatile, providing room for customization based on your unique requirements.
Save time and resources with the included fixtures from the former Rite Aid. Shelving, display units, counters, and more are ready for use, providing a seamless transition for your business.
Established Footprint: Benefit from the property's history as a recognized retail location. The former Rite Aid enjoyed a strong presence, offering a built-in customer base and contributing to the property's overall appeal.
Parking and Accessibility: Ample parking ensures convenience for both customers and employees. Easy access from major roads enhances the property's desirability.
Perfect for: Retail Stores, pharmacies, health and wellness centers, convenience stores, specialty Retail, etc.
More Information MLS# 219107312
Listing, Location and Property Info
Entry Date: 2024-02-22
General Property Information
Total SqFt Max: 21440
Total SqFt Min: 21440
Leasable SqFt: 21440
Approx SqFt: 21440
SqFt Source: Other
Lot Size: 80586
Lot Acres: 1.85
Lot Size Source: Assessor
Year Built: 1972
Cross Streets: CA-111 N and Plaza Way
Listing Info
Accounting Type: ProForma
Ownership Type: Corporation
Tax Info
Parcel Master: 640170007
Property Info
Building # of Stories: 1
# Units: 1
Business Name: Rite Aid
# Buildings: 1
Building Status: Existing
Business Type
Retail: 1
Sale Type
Standard: 1
Business Info
Cooling: Yes
Heating: Yes
Current Use: Former Rite Aid
Financing Available: Yes
Laundry Equipment: No
Retail Center Type: Community/Specialty
Sale or Lease: Sale
Financing
Conventional: 1
Disclosures
CC & R: 1
Land Use
Retail: 1
Signage
Sign Freestanding: 1
Sign on Building: 1
Heating
Central: 1
Search Tags
Single Tenant: 1
Laundry
None: 1
Water
Water District Name: Coachella Valley Water District
Electric
Standard: 1
Contingent Upon
Other: 1
Listing Location and Property Info
APN: 640170007
Status: Closed
Listing Date: 2024-02-22
Original List Price: 3800000
Sold Price: $3,400,000
Current Price: $3,400,000
Property Sub-Type: Retail
Street #: 72875
Street Name: Ca-111
County: Riverside
State: CA
Zip Code: 92260
Area: 323 - Palm Desert South
Country: US
Status Change Info
Status Change Date: 2024-09-03
Pending Date: 2024-05-24
Closed Date: 2024-09-03
Closed Price: 3400000
Property Features
Business Type: Retail
Sale Type: Standard
Financing: Conventional
Land Use: Retail
Signage: Sign Freestanding; Sign on Building
Heating: Central
Search Tags: Single Tenant
Laundry: None
Electric: Standard
Contingent Upon: Other
Disclosures: CC & R
Listing Office:
Equity Union
Listing Agent:
Brandy M Nelson
Last Updated: November - 20 - 2024
Information deemed reliable but not guaranteed.