5700 Indian Springs RD, Palm Springs, CA 92264
5700 Indian Springs RD, Palm Springs, CA 92264
5700 Indian Springs RD, Palm Springs, CA 92264
5700 Indian Springs RD, Palm Springs, CA 92264
5700 Indian Springs RD, Palm Springs, CA 92264
5700 Indian Springs RD, Palm Springs, CA 92264
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Travis Breton

Travis Breton

+1(760) 470-2752
$ 1,499,000
Est. payment | /mo

0.71 Acres Lot

Save
$ 1,499,000
Est. payment | /mo
Save

0.71 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 219155151DA

HOA Y/N No

Year Built 1976

Lot Size 0.710 Acres

Property Description

Excellent opportunity to acquire a 10,126 SF commercial building in Palm Springs, featuring durable block wall construction and a fenced yard. The property is occupied by a well-established tenant with an impressive 22-year tenancy, providing a history of occupancy and a current income stream. The existing lease has approximately 3 years remaining, offering an investor the opportunity to maintain the current tenancy while evaluating future lease-renewal potential. The property currently offers a reported 7.7% capitalization rate.The building is situated on leased land, with approximately 32 years remaining on the land lease. Located across the street from a new tribal gas station, the property benefits from proximity to a notable commercial development in the surrounding area.Please do not disturb tenant. Drive-by only. No direct contact with the tenant or property visits without prior authorization.

Location

State CA

County Riverside

Area 334 - South End Palm Springs

Interior

Heating Forced Air

Fireplace No

Exterior

Roof Type Flat

Others

Tax ID 009613382

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Ryan Pylypow Rennie Group #01782691

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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5700 Indian Springs RD

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