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Waring Plaza 72240 Highway 111 750 - 17,344 SF of Office/Retail Space Available in Palm Desert, CA 92260
HIGHLIGHTS
- Centrally located and positioned in the Valley's major trade area
- Good tenant mix
- Heavy Daytime Traffic
- Plenty of parking
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 101 | 11,765 SF | 10’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | |
| 1st Floor, Ste 4,5 & 6 | 3,406 SF | 10’ | 3-10 Years | $29.31 CAD/SF/YR $2.44 CAD/SF/MO $99,845 CAD/YR $8,320 CAD/MO | Triple Net (NNN) | |
| 1st Floor, Ste E-6 | 750 SF | 10’ | 3-10 Years | $26.80 CAD/SF/YR $2.23 CAD/SF/MO $20,101 CAD/YR $1,675 CAD/MO | Triple Net (NNN) | |
| 1st Floor, Ste F-1 | 1,423 SF | 10’ | 3-10 Years | $26.80 CAD/SF/YR $2.23 CAD/SF/MO $38,139 CAD/YR $3,178 CAD/MO | Triple Net (NNN) |
72240 Highway 111 - 1st Floor - Ste 101
Jr. Anchored Suite positioned between Planet Fitness (coming soon) and Dollar Tree. The property is centrally located in Coachella Valley and is positioned in the heart of Palm Desert's retail district, at the corner of US Hwy 111 & Fred Waring.
- Fully Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- Fits 30 - 95 People
- Finished Ceilings: 10’
- Space is in Excellent Condition
- Central Air and Heating
- Highly Desirable End Cap Space
- Smoke Detector
- Great Location
- Excellent Visibility
- Plenty of Parking
72216 Highway 111 - 1st Floor - Ste 4,5 & 6
Building F is an end-cap. It’s one of the few pads in the area along Hwy 111, offering strong tenant identification and signage, at a four-way traffic signal. Suitable for retail, restaurants, and office use.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Fits 9 - 28 People
- Finished Ceilings: 10’
- Space is in Excellent Condition
- Central Air and Heating
- Highly Desirable End Cap Space
- Smoke Detector
- End Cap, Exposure, Fronting Hwy 111
72210 Highway 111 - 1st Floor - Ste E-6
Available for lease: 750/SF end-cap space with good signage identification and is suitable for office and retail use.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- Fits 2 - 6 People
- Finished Ceilings: 10’
- Space is in Excellent Condition
- Central Air and Heating
- Highly Desirable End Cap Space
- Smoke Detector
- End-cap, Signage facing access road
72216 Highway 111 - 1st Floor - Ste F-1
Great space for office/retail
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- Fits 4 - 12 People
- Finished Ceilings: 10’
- Space is in Excellent Condition
- Central Air and Heating
- Located in-line with other retail
- Smoke Detector
- Great Location
- Excellent Visibility
- Plenty of Parking
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 | 17,344 SF | Frontage | |
| Center Type | Community Center | Gross Leasable Area | 191,365 SF |
| Parking | 1008 Spaces | Total Land Area | 19.98 AC |
| Stores | 15 | Year Built | 1992 |
| Center Properties | 11 |
| Total Space Available | 17,344 SF |
| Center Type | Community Center |
| Parking | 1008 Spaces |
| Stores | 15 |
| Center Properties | 11 |
| Frontage | |
| Gross Leasable Area | 191,365 SF |
| Total Land Area | 19.98 AC |
| Year Built | 1992 |
ABOUT THE PROPERTY
Now available for lease: Junior Anchor premises and Inline Retail, Restaurant, and Office Spaces. This location enables the center to serve all of the communities in the Coachella Valley. Please see the attached brochure.
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
Presented by
Waring Plaza | 72240 Highway 111
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