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Downtown Retail/Restaurant Opportunities 333 S Palm Canyon Dr 3,500 SF of Retail Space Available in Palm Springs, CA 92262
HIGHLIGHTS
- Located within the Central Business District of downtown Palm Springs
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1A | 3,500 SF | Negotiable | $71.19 CAD/SF/YR $5.93 CAD/SF/MO $249,172 CAD/YR $20,764 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 1A
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Drinking Establishment
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 3,500 SF | Gross Leasable Area | 28,230 SF |
| Property Type | Retail | Year Built | 1958 |
| Property Subtype | Freestanding | Parking Ratio | 2.61/1,000 SF |
| Total Space Available | 3,500 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 28,230 SF |
| Year Built | 1958 |
| Parking Ratio | 2.61/1,000 SF |
ABOUT THE PROPERTY
» Turnkey Restaurant Opportunity: Fully built-out ±3,500 SF restaurant/bar space with existing FF&E; ideal for immediate occupancy and operations. » Prime South Palm Canyon Location: Situated at the intersection of S. Palm Canyon & Baristo Rd., in the heart of Palm Springs Downtown District. » Located in The 333 Building: Prestigious Class A Historic trophy property home to BevMo, Orange Theory and Reforma. » Expansive Outdoor Patio: Enjoy 1,678 SF of exterior dining space (rent-free), complete with railing, planters and ambient lighting. » High Capacity Layout: Seats 251 patrons across indoor and patio configurations; space designed for elevated experiences. » High Visibility Signage: Monument and building signage available on S. Palm Canyon Dr. » 2022 High-End Buildout & FF&E Convey: ±$2M in near-new equipment and finishes—including full bar, commercial kitchen, and POS—remain in place for a true plug-and-play opening with minimal capex.
- Signalized Intersection
NEARBY MAJOR RETAILERS
CONTACTS
-
Michael Lyle -
Rob Wenthold -
Steve Lyle -
Coldwell Banker Commercial Lyle & Associates
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Downtown Retail/Restaurant Opportunities | 333 S Palm Canyon Dr
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