10 500 000 $ US USD
Propriétés commerciales à vendre, Date Palm Drive, Cathedral City, Californie 92234, États-Unis
- #MLS407880499
- Surface vendable minimum
11 775 m² (126 745 ft²)
Annonce par Tony Azzi
La propriété suivante,Propriété commerciale, située Date Palm Drive, Cathedral City, Californie 92234, États-Unis est présentement à vendre.Date Palm Drive, Cathedral City, Californie 92234, États-Unis affiche un prix de10 500 000 $ US.
Caractéristiques de la propriété
Propriété
- Superficie de la propriété:
11 775 m² (126 745 ft²)
Lot/Terrain
- Superficie du terrain/lot:
57 892 m² (623 148 ft²)
Construction
- Année de construction: 1992
Description
31033 Date Palm Dr presents a predominantly vacant retail investment opportunity with approximately 85% vacancy, offering investors a rare chance to acquire a highly accretive value-add asset with substantial lease-up upside. The offering consists of a 14-unit multi-tenant retail center totaling 126,745 SF, situated on a 14.30-acre lot at the signalized intersection of Date Palm Drive and McCallum Way in the heart of Cathedral City, CA. Originally built in 1992 and renovated in 2007, the asset provides a modern construction profile with significant NOI growth potential through aggressive re-leasing at market rents and strategic tenant repositioning. The property features five exterior loading docks, 888 on-site parking spaces, and strong dual-street frontage, supporting a wide range of retail, medical, institutional, and logistics-oriented users. Big 5 Sporting Goods anchors the center with a lease through 2030, providing in-place income and long-term stability, while Spirit Halloween has committed to return for the 2026 season, offering recurring seasonal income. With strong traffic counts, proximity to Palm Springs, and regional demand drivers throughout the Coachella Valley, the asset is exceptionally positioned for sustained tenant demand, long-term appreciation, and multiple executable paths to grow NOI and investor equity.
Emplacement
Date Palm Drive, Cathedral City, Californie 92234, États-Unis