PRICE REDUCED ! 34660 Monterey Ave 21,323 SF Retail Building Palm Desert, CA 92211 $7,129,500 CAD ($334.36 CAD/SF)

This offering presents a rare opportunity to acquire a freestanding 21,323 square foot retail building situated on 2.42 acres along Monterey Avenue in Palm Desert, California. The vacant former 99 Cents Only Store is located within the Desert Gateway Center, a dominant retail destination anchored by Walmart, Sam’s Club, Kohl’s, Ashley HomeStore, and PetSmart. The property fronts Monterey Avenue, which carries approximately 37,000 vehicles per day, and offers immediate access to Interstate 10, a major east–west corridor with approximately 106,000 vehicles per day. Built in 2008, the site benefits from an abundant parking field and strong visibility within a premier retail corridor that includes Costco, Home Depot, Lowe’s, Regal Cinemas, and other national retailers. The surrounding Palm Desert community continues to experience residential growth, including several thousand new homes planned or under construction, with the Cotino Storyliving by Disney community located nearby. The property is also available for lease, offering flexible repositioning potential.