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TestListingForLease2

TestListingForLease2

500 S. Indian Canyon Drive

Palm Springs, CA 92264

Negotiable
Suite Asking Price
78576
Traffic Count
76,467 SF
Inline SF
776 SF
Available GLA
7,657 SF
Gross Leasable Area
2018
Year Renovated

Description

Positioned at one of Palm Springs’ most prominent intersections, the property also includes two (2) ±6,098 SF residential parcels zoned R2 (totaling ±12,196 SF), offering a rare infill development opportunity in a high-demand market. These parcels are ideally suited for duplex construction or short-term rental units, capitalizing on the city’s booming tourism and seasonal population surges. Located just steps from downtown and surrounded by upscale condos, boutique hotels, and retail, the parcels benefit from exceptional walkability and visibility. Investors can unlock additional value through residential development or land banking, all while leveraging the stability of the adjacent trophy NNN-leased US Bank asset.

Listing Summary

Asking PriceNegotiable
Total Availability7,654,654 SF
Property TypeRetail
Occupancy65%
Built1999
Parking426
Total Acres~7.25 ac

Documents

Property Address

Property Details

Property TypeRetail
Gross Leasable Area (SF)7,657 SF
Available GLA (SF)776 SF
Occupancy65%
Inline (SF)76,467 SF
Frontage (ft)674
Traffic Count (AADT)78576
Operating Expenses ($/sf/yr)$746/sf/yr
Co-Tenancy Clauses6746
Lease TypeNNN
Year Built1999
Year Renovated2018
Parking Ratio5.55
Total Parking426
ZoningOPMU — Office Professional Mixed Use
APN6747
Ownership InterestLeasehold Interest

1 Available

to
Suite Suite 17,654,654 Negotiable SF
More Details
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Deal Team

Ivan Sapsai

Ivan Sapsai

Test