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Gene Autry Trail Business Center 3700 Tachevah Dr

42,407 SF 100% Leased Industrial Building Palm Springs, CA 92262 £6,316,130 (£149/SF) 6.07% Net Initial Yield

Investment Highlights

  • Offered well below replacement value - $188/SF
  • Long term leases
  • Owned Solar - offsets expenses

Executive Summary

First time on the market, owned and operated by the original developer. Office/warehouse facility designed by Ware Malcomb in Palm Springs adjacent to the Palm Springs International Airport. This investment opportunity comprises of two buildings, one two-story office building, and one multi-tenant office/warehouse building. The facility is very well maintained and includes covered parking and owned solar. The spaces are smaller and very easy to rent in a Coachella Valley submarket with a very low industrial vacancy rate. Easy access to Interstate-10 and the airport with a high quantity of drive by traffic. Highly stabilized with many long term leases in place, including the GSA. Please inquire directly for more information at 760-902-4550 or troy@kudproperties.com.

Data Room Click Here to Access

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £6,316,130
Price Per SF £149
Sale Type Investment
Net Initial Yield 6.07%
Sale Conditions 1031 Exchange
Property Type Industrial
Property Subtype
Warehouse
  • Office Industrial Live Work Unit
Building Class B
Lot Size 1.50 AC
Rentable Building Area 42,407 SF
Number of Floors 2
Year Built 2007
Parking Ratio 4.74/1,000 SF
Clear Ceiling Height 15 ft
Level Access Doors 1

Amenities

  • Bus Route
  • Cooler
  • Roof Lights
  • Air Conditioning

Utilities

  • Water - City
  • Sewer
  • Heating - Electric

zoning

Zoning Code M1P (Service Industrial)
M1P (Service Industrial)
  • Listing ID: 33160012

  • Date on Market: 12/09/2024

  • Last Updated:

  • Address: 3700 Tachevah Dr, Palm Springs, CA 92262

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