Description
73750 El Paseo in Palm Desert, CA is a prime retail investment opportunity located on a high-traffic corridor in the heart of the prestigious El Paseo shopping district. This 5,604-square-foot high-street retail asset, built in 2010, features 100% occupancy with surface parking and sits on 0.24 acres.
The property is positioned within one of the most affluent submarkets in Southern California, benefiting from strong consumer demand and consistent foot traffic, with a daily traffic count of over 14,000 vehicles. Priced at $3,000,000 ($535 per square foot), the asset delivers an in-place NOI...
Documents
Offering Summary
- Asking Price$3,000,000
- Price PSF$535
- Property TypeRetail
- Size5,604 SF
- Occupancy100%
- Built2010
- ParkingSurface
- Total Acres~0.24 ac
Sale Details
- Cap Rate5.98%
- NOI$179,268
- In-Place Cap Rate5.98%
- In-Place NOI$179,268
- GRM13.56
Documents
Property Address
Property Details
- Property TypeRetail
- Occupancy100%
- Year Built2010
- Year Renovated2010
- Operating Expenses ($/SF/yr)8.05 $/SF/yr
- Lease TypeModified Gross
- Ownership InterestFee Simple
- Traffic Count14,134 AADT
- Acres0.24
Property Details
- Property TypeRetail
- Occupancy100%
- Year Built2010
- Year Renovated2010
- Operating Expenses ($/SF/yr)8.05 $/SF/yr
- Lease TypeModified Gross
- Ownership InterestFee Simple
- Traffic Count14,134 AADT
- Acres0.24











Deal Team

Description
73750 El Paseo in Palm Desert, CA is a prime retail investment opportunity located on a high-traffic corridor in the heart of the prestigious El Paseo shopping district. This 5,604-square-foot high-street retail asset, built in 2010, features 100% occupancy with surface parking and sits on 0.24 acres.
The property is positioned within one of the most affluent submarkets in Southern California, benefiting from strong consumer demand and consistent foot traffic, with a daily traffic count of over 14,000 vehicles. Priced at $3,000,000 ($535 per square foot), the asset delivers an in-place NOI...
Documents
Offering Summary
- Asking Price$3,000,000
- Price PSF$535
- Property TypeRetail
- Size5,604 SF
- Occupancy100%
- Built2010
- ParkingSurface
- Total Acres~0.24 ac
Sale Details
- Cap Rate5.98%
- NOI$179,268
- In-Place Cap Rate5.98%
- In-Place NOI$179,268
- GRM13.56
Documents
Property Address
Property Details
- Property TypeRetail
- Occupancy100%
- Year Built2010
- Year Renovated2010
- Operating Expenses ($/SF/yr)8.05 $/SF/yr
- Lease TypeModified Gross
- Ownership InterestFee Simple
- Traffic Count14,134 AADT
- Acres0.24
Property Details
- Property TypeRetail
- Occupancy100%
- Year Built2010
- Year Renovated2010
- Operating Expenses ($/SF/yr)8.05 $/SF/yr
- Lease TypeModified Gross
- Ownership InterestFee Simple
- Traffic Count14,134 AADT
- Acres0.24
Deal Team

