Building for Sale

Net leased investment​, Flex building in Desert Business Park

77-833 Palapas Rd, Palm Desert, CA

Features

  • Great location just off the 1-10 at Washington St
  • 7,123 S/F building with 11 offices, a conference room, show room, computer room, reception and warehouse
  • Located in the well maintained Desert Business Park
  • Mid-Valley location with easy access to all Desert Cities
  • Occupied by Paul Davis Company, a national flood and disaster relief company.

Asking Price: $1,250,000 ($174 S/F)

Site Amenities

  • Current Use: Single tenant flex building
  • APN: 626-420-008
  • Total Parcel Size: Approx 69 acres
  • Zoning: M-SC (Manufacturing Service Commercial)
  • General Plan: LI (Light Industrial)
  • AC Units: The building has one evaporation cooler and 3 AC units
  • Owner sale: with leaseback at $6,000/month net, 5 year lease fixed for first 2 years, annual CPI increases commence third year, not to exceed 3%
  • Parking: 23 spaces
  • Yard: Fenced
  • Garage: (4) 15 x 15 roll-up doors
  • Power: 800 amp; 3 phase; 208 volt
  • Warehouse clear height: 18′
  • Year built: 2000

Tenant Summary

  • Paul Davis Company: Full service Water, Fire, and Mold cleanup and restoration specialists
  • Rent: $72,000/yr N N N
  • Cap Rate: 5.7%

Vicinity Map

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Contact our Team for more Details

Paula Turner, Owner
paula@dppllc.com
Mobile 760-578-6564
Office 760-360-8200
DRE License #00702492

Ranked #1 in the Coachella Valley
for Commercial Real Estate

Susan Harvey, Owner
susan@dppllc.com
Mobile 760-250-8992
Office 760-360-8200
DRE License #00957590