72875 Ca-111, Palm Desert, CA 92260 (MLS# 219107312)

72875 Ca-111, Palm Desert, CA 92260

$3,400,000
Property Type: Commercial Sale Square Footage: 21,440 Lot Size (sq. ft.): 80,586 Status: Closed
Current Price: $3,400,000 List Date: 2/22/2024 Last Modified: 11/20/2024

Overview

Description

Prime Commercial Property the former Rite Aid with Fixtures in the center of Palm Desert. Previously housing a successful Rite Aid, this expansive space is now available for a new venture, complete with all fixtures included. Ideal Location: Situated in a high-traffic area of Palm Desert, this property enjoys prime visibility and accessibility, making it perfect for a variety of businesses. Located next to Staples with Highway 111 visibility. Spacious Interior: Featuring a large floor plan, the property offers ample space to accommodate diverse business concepts. The layout is versatile, providing room for customization based on your unique requirements. Save time and resources with the included fixtures from the former Rite Aid. Shelving, display units, counters, and more are ready for use, providing a seamless transition for your business. Established Footprint: Benefit from the property's history as a recognized retail location. The former Rite Aid enjoyed a strong presence, o ...

Listing Details MLS# 219107312

General Property Information

Approx SqFt
21440
SqFt Source
Other
Total SqFt Max
21440
Total SqFt Min
21440
Leasable SqFt
21440
Lot Acres
1.85
Lot Size Source
Assessor
Year Built
1972
Cross Streets
CA-111 N and Plaza Way

Property Features

Business Type: Retail Sale Type: Standard Financing: Conventional Land Use: Retail Signage: Sign Freestanding; Sign on Building Heating: Central Search Tags: Single Tenant Laundry: None Electric: Standard Contingent Upon: Other Disclosures: CC & R

Listing Location and Property Info

APN
640170007
Original List Price
3800000
Property Sub-Type
Retail
Street #
72875
Street Name
Ca-111
County
Riverside
State
CA
Zip Code
92260
Area
323 - Palm Desert South
Country
US

Listing Info

Accounting Type
ProForma
Ownership Type
Corporation

Tax Info

Parcel Master
640170007

Property Info

Building # of Stories
Yes
# Units
Yes
Business Name
Rite Aid
# Buildings
Yes
Building Status
Existing

More Information

Status Change Info

Status Change Date
2024-09-03
Pending Date
2024-05-24
Closed Date
2024-09-03
Closed Price
3400000

Business Info

Cooling
Yes
Current Use
Former Rite Aid
Financing Available
Yes
Laundry Equipment
No
Retail Center Type
Community/Specialty
Sale or Lease
Sale
Heating
Yes

Water

Water District Name
Coachella Valley Water District

Listing, Location and Property Info

Entry Date
2024-02-22

Business Type

Retail
Yes

Sale Type

Standard
Yes

Financing

Conventional
Yes

Disclosures

CC & R
Yes

Land Use

Retail
Yes

Signage

Sign Freestanding
Yes
Sign on Building
Yes

Heating

Central
Yes

Search Tags

Single Tenant
Yes

Laundry

None
Yes

Electric

Standard
Yes

Contingent Upon

Other
Yes
Listing Office: Equity Union
Listing Agent: Brandy M Nelson
Last Updated: November - 20 - 2024
Information deemed reliable but not guaranteed.
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