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67778 E Palm Canyon Dr
Cathedral City, CA 92234
67778 E. Palm Canyon Drive Restaurant · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- One of the most visible Restaurant locations on E. Palm Canyon Drive (Highway 111)!
- Adjacent to Del Taco, the renowned Cathedral City Auto Center, the "newly" redesigned Downtown corridor and countless noteworthy Retail Stores!
- Located in one of the highest traffic volume areas of Cathedral City (49,000 +/- autos per day)!
EXECUTIVE SUMMARY
67778 E. PALM CANYON DRIVE .... The most visible Restaurant property currently available For Sale in Cathedral City! Strategically located in one of the highest
traffic count areas (49,000 +/- cars per day) adjacent to Del Taco, near the renowned Cathedral City Auto Center, the "newly" redesigned Downtown
corridor and within a very short walk to Target, Trader Joe's, countless Antique/Home Furnishings/Consignment Stores and many additional Retail locations.
This Restaurant property provides easy access, private parking, a large fenced outdoor Patio Area with incomparable mountain views and extremely
rare/irreplaceable pole signage.
The existing Lease with Super Taco expires in 2029 with a 5-year Option Term (at Market Rate). The current Base Rent through 12/31/25 = $5,250.00 per month. Thereafter, Base Rent increases by 5% per annum through the Initial Term.
Located on the North side of E. Palm Canyon Drive, between the major intersections of Golf Club Drive and Perez Road, in the "Heart" of Cathedral City.
traffic count areas (49,000 +/- cars per day) adjacent to Del Taco, near the renowned Cathedral City Auto Center, the "newly" redesigned Downtown
corridor and within a very short walk to Target, Trader Joe's, countless Antique/Home Furnishings/Consignment Stores and many additional Retail locations.
This Restaurant property provides easy access, private parking, a large fenced outdoor Patio Area with incomparable mountain views and extremely
rare/irreplaceable pole signage.
The existing Lease with Super Taco expires in 2029 with a 5-year Option Term (at Market Rate). The current Base Rent through 12/31/25 = $5,250.00 per month. Thereafter, Base Rent increases by 5% per annum through the Initial Term.
Located on the North side of E. Palm Canyon Drive, between the major intersections of Golf Club Drive and Perez Road, in the "Heart" of Cathedral City.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,434 SF
Building Class
C
Year Built
1950
Price
$1,860,030 CAD
Price Per SF
$764.19 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.26 AC
Zoning
PCC
Parking
16 Spaces (6.57 Spaces per 1,000 SF Leased)
Frontage
76’ on E Palm Canyon Dr
AMENITIES
- 24 Hour Access
- Corner Lot
- Pylon Sign
- Security System
- Signage
- Storage Space
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 687-510-003 | Improvements Assessment | $283,928 CAD |
| Land Assessment | $182,992 CAD | Total Assessment | $466,921 CAD |
PROPERTY TAXES
Parcel Number
687-510-003
Land Assessment
$182,992 CAD
Improvements Assessment
$283,928 CAD
Total Assessment
$466,921 CAD
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