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13180-13190 Palm Drive (For Sale) 13180-13190 Palm Dr 12,500 SF 14% Leased Retail Building Desert Hot Springs, CA 92240 $3,210,616 CAD ($256.85 CAD/SF)
INVESTMENT HIGHLIGHTS
- Strategically located in the Stater Bros. Center, which is Desert Hot Springs' busiest Neighborhood Shopping Center!
- The Restaurant was constructed approx. 10 years ago and provides a fully equipped banquet-size Kitchen with all the amenities!
- Convenient, easy access, incredible visibility and huge traffic counts!
EXECUTIVE SUMMARY
13180-13190 PALM DRIVE .... Strategically located in Hacienda Palms Center (adjacent to Stater Bros.), which is Desert Hot Springs' busiest Neighborhood Shopping Center!
Convenient, easy access, incredible visibility and huge traffic counts, the Property provides a synergistic mix of notable tenants, including Stater Bros., Chase
Bank, Carl's Jr., Super 98 Cent Plus, etc., etc.
As an Owner-User opportunity, the Restaurant is currently vacant, was constructed approx. 10 years ago and provides a fully equipped banquet-size Kitchen with all the amenities .... Ready for immediate occupancy/opening possibilities!
As an Investment opportunity (with the Restaurant leased at $1.00 psf), the Property easily generates a 6 cap or greater return!
Located on the Southeast corner of Palm Drive and Hacienda Avenue in the "HEART" of Desert Hot Springs.
Convenient, easy access, incredible visibility and huge traffic counts, the Property provides a synergistic mix of notable tenants, including Stater Bros., Chase
Bank, Carl's Jr., Super 98 Cent Plus, etc., etc.
As an Owner-User opportunity, the Restaurant is currently vacant, was constructed approx. 10 years ago and provides a fully equipped banquet-size Kitchen with all the amenities .... Ready for immediate occupancy/opening possibilities!
As an Investment opportunity (with the Restaurant leased at $1.00 psf), the Property easily generates a 6 cap or greater return!
Located on the Southeast corner of Palm Drive and Hacienda Avenue in the "HEART" of Desert Hot Springs.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$254,046
|
$20.32
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$254,046
|
$20.32
|
| Taxes |
$40,691
|
$3.26
|
| Operating Expenses |
$49,667
|
$3.97
|
| Total Expenses |
$90,358
|
$7.23
|
| Net Operating Income |
$163,688
|
$13.10
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $254,046 |
| Annual Per SF | $20.32 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $254,046 |
| Annual Per SF | $20.32 |
| Taxes (CAD) | |
|---|---|
| Annual | $40,691 |
| Annual Per SF | $3.26 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $49,667 |
| Annual Per SF | $3.97 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $90,358 |
| Annual Per SF | $7.23 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $163,688 |
| Annual Per SF | $13.10 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
12,500 SF
Building Class
C
Year Built
1980
Price
$3,210,616 CAD
Price Per SF
$256.85 CAD
Percent Leased
14%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
1.20 AC
Opportunity Zone
Yes
Zoning
MU-C - Mixed-Use Corridor
Parking
60 Spaces (4.62 Spaces per 1,000 SF Leased)
Frontage
114’ on Hacienda Ave
AMENITIES
- 24 Hour Access
- Banking
- Bus Line
- Dedicated Turn Lane
- Restaurant
- Security System
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Smoke Detector
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Super 98
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Super 98 | - | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
| Space | Size | Space Use | Position | Available |
| 13180 | 5,357 SF | Restaurant | In-Line | Now |
13180
| Size |
| 5,357 SF |
| Space Use |
| Restaurant |
| Position |
| In-Line |
| Available |
| Now |
1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
13180
| Size | 5,357 SF |
| Space Use | Restaurant |
| Position | In-Line |
| Available | Now |
Walk Score®
Very Walkable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 641-261-012 | Total Assessment | $2,754,734 CAD (2025) |
| Land Assessment | $522,887 CAD (2025) | Annual Taxes | $40,691 CAD ($3.26 CAD/SF) |
| Improvements Assessment | $2,231,847 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
641-261-012
Land Assessment
$522,887 CAD (2025)
Improvements Assessment
$2,231,847 CAD (2025)
Total Assessment
$2,754,734 CAD (2025)
Annual Taxes
$40,691 CAD ($3.26 CAD/SF)
Tax Year
2024
1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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13180-13190 Palm Drive (For Sale) | 13180-13190 Palm Dr
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