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68482 E Palm Canyon Dr 4,700 SF of Retail Space Available in Cathedral City, CA 92234
Highlights
- 35,000 cars per day
- Hard corner location
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,700 SF | Negotiable | $25.58 CAD/SF/YR $2.13 CAD/SF/MO $120,209 CAD/YR $10,017 CAD/MO | Modified Gross |
1st Floor
4,700 SF Corner Retail Space Available for Lease Rare opportunity to lease approximately 4,700 square feet of highly visible retail space located on the signalized northwest corner of East Palm Canyon Drive and Cathedral Canyon Drive, one of Cathedral City's busiest commercial intersections with approximately 35,000 vehicles per day. The available suite occupies the hard corner position within the center, providing outstanding visibility, signage exposure and access from a major thoroughfare serving Cathedral City, Palm Springs and Rancho Mirage. The space is being offered in its current condition and will appeal to tenants seeking a well-located property where they can customize improvements to fit their specific business needs. Ownership recognizes that the space requires updating and is prepared to consider free rent and other lease incentives for qualified tenants willing to complete their own tenant improvements. This opportunity is ideal for retailers, showroom users, fitness concepts, service businesses, entertainment concepts or other operators seeking a high-exposure location without paying premium rental rates typically associated with comparable hard-corner properties. Property Highlights ±4,700 SF available for immediate occupancy Signalized hard-corner location Approximately 35,000 vehicles per day Excellent storefront visibility and signage opportunities Flexible improvement opportunity Ownership willing to consider free rent for qualified tenants Centrally located within the Coachella Valley Surrounded by established residential and commercial development The opportunity here is the location. For tenants seeking maximum visibility and the ability to create a space tailored to their operation, few opportunities offer this combination of exposure, flexibility and value.
- Listed rate may not include certain utilities, building services and property expenses
- Space In Need of Renovation
- 2 Loading Docks
- Signalized hard-corner location
- Excellent storefront visibility and signage
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.
Select Tenants at 68482 E Palm Canyon Dr, Cathedral City, CA 92234
- Tenant
- Description
- US Locations
- Reach
- El Cielo Bakery
- Donut Shop
- 1
- Local
- Guadalupana
- Other Retail
- 1
- Local
| Tenant | Description | US Locations | Reach |
| El Cielo Bakery | Donut Shop | 1 | Local |
| Guadalupana | Other Retail | 1 | Local |
Property Facts
| Total Space Available | 4,700 SF | Gross Leasable Area | 8,700 SF |
| Property Type | Retail | Year Built/Renovated | 1949/2009 |
| Property Subtype | Storefront |
| Total Space Available | 4,700 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 8,700 SF |
| Year Built/Renovated | 1949/2009 |
Features and Amenities
- Signage
- Signalized Intersection
Nearby Major Retailers
Presented by
68482 E Palm Canyon Dr
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