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73726 Alessandro Drive, Palm Desert 73726 Alessandro Dr 18,182 SF 100% Leased Office Building Palm Desert, CA 92260 $4,173,801 CAD ($229.56 CAD/SF) 5% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Corner location
  • Two story with elevator

EXECUTIVE SUMMARY

Prime Investment Opportunity – Fully Leased Office Building in the Heart of Palm Desert
Medical office allowed with administrative use permit.
Alessandro Plaza is a meticulously maintained 18,182 square foot two-story office building with on-site management, located in the highly desirable Downtown Edge Overlay District of Palm Desert. This turnkey investment offers a rare blend of stability, location, and future potential.
The property is fully leased with a solid roster of long-term tenants who show no signs of relocating, ensuring steady income and minimal turnover. The building features an elevator, updated common areas, and sits across two parcels—one for the structure and one for the dedicated parking lot, which includes convenient covered parking for tenants and guests.
Strategically positioned near the thriving San Pablo corridor and just minutes from world-renowned El Paseo, the property benefits from flexible zoning that allows for a wide range of future uses and redevelopment potential. With a current CAP rate of 5%, Alessandro Plaza presents an attractive yield in today’s economic climate.
Whether you're a seasoned investor or seeking a stable asset in a growing market, this is a rare opportunity to own a high-performing property in one of the Coachella Valley’s most sought-after commercial hubs.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
18,182 SF
Building Class
B
Year Built
2006
Price
$4,173,801 CAD
Price Per SF
$229.56 CAD
Cap Rate
5%
NOI
$208,690 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,090 SF
Slab To Slab
10’
Building FAR
0.45
Lot Size
0.92 AC
Zoning
Downtown Edge Transition - Downtown Edge Overlay
Parking
60 Spaces (3.3 Spaces per 1,000 SF Leased)

AMENITIES

  • Courtyard
  • Property Manager on Site
  • Signage
  • Skylights
  • Central Heating
  • Natural Light
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • All-Desert Wellness Centers
  • Health Care and Social Assistance
  • -
  • -
  • -
  • All-Desert Wellness, Inc.
  • Services
  • -
  • -
  • -
  • Desert Art Academy
  • -
  • -
  • -
  • -
  • Health Care and Social Assistance
  • -
  • -
  • -

En 1994, la première cliente de Home Indead était la grand-mère de ses fondateurs Paul et Lori Hogan, âgée de près de 90 ans. Leur but était de l'aider, ainsi que d'autres personnes comme elle, à bien vieillir à la maison et de faciliter les difficultés des aidants familiaux comme eux. En tant que premiers fournisseurs de soins professionnels de Home Insead, les Hogans ont développé une profonde appréciation et un respect profonds pour les adultes vieillissants et ceux qui s'occupent d'eux. Depuis ses débuts, Home Insead, Inc., et son réseau de franchises indépendantes, se sont engagés à créer le monde dans lequel ils veulent vieillir. En août 2021, Home Insead s'est associé à Honor pour diriger le plus grand réseau de services de soins à domicile au monde offrant la plateforme technologique et opérationnelle la plus centrée sur l'humain. Honor and Home Inplace font progresser la façon dont la société s'occupe des personnes âgées.

  • LEAPS
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
All-Desert Wellness Centers Health Care and Social Assistance - - -
All-Desert Wellness, Inc. Services - - -
Desert Art Academy - - - -
Health Care and Social Assistance - - -
LEAPS - - - -
Walk Score®
Very Walkable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 627-171-021
  • 627-171-023
Land Assessment
$701,822 CAD
Improvements Assessment
$2,780,806 CAD
Total Assessment
$3,482,627 CAD
  • Listing ID: 37144624

  • Date on Market: 2025-08-06

  • Last Updated:

  • Address: 73726 Alessandro Dr, Palm Desert, CA 92260

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