34900 Date Palm Dr
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34900 Date Palm Dr
2,490 SF Retail Building Cathedral City, CA 92234 £532,575 (£214/SF) 5.04% Net Initial Yield
Investment Highlights
- Located on high traffic highway in the center of Coachella Valley
- Portfolio diversification
- Stable, long-term income generation
Executive Summary
Now offering a +/- 2,490 SF industrial building located on highly trafficked Date Palm Drive in Cathedral City! Property is situated on approximately 0.31 acres. This fully leased asset comes with a long-term upholstery business tenant and billboard sign income. Reach out for details or if you’d like to schedule a showing!
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,490 SF
Building Class
C
Year Built
1966
Price
£532,575
Price Per SF
£214
Net Initial Yield
5.04%
NOI
£26,858
Tenancy
Single
Number of Floors
1
Building FAR
0.09
Land Acres
0.62 AC
Zoning
PLC, Cathedral City
Parking
15 Spaces (6.02 Spaces per 1,000 SF Leased)
Frontage
36 ft on Date Palm Dr
Amenities
- Pylon Sign
- Signage
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
-
- Service type
-
99,999 SF
- -
-
Lorem Ipsum
- -
A local upholstery shop in Cathedral City, CA established in 2015 by Pury Plata.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
|
|
Service type | 99,999 SF | - | Lorem Ipsum | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £298,169 | |
| Land Assessment | £134,822 | Total Assessment | £432,991 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£134,822
Improvements Assessment
£298,169
Total Assessment
£432,991
-
Michelle Davidson -
The Firm Brokerage
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34900 Date Palm Dr
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