US Bank - 500 S Indian Canyon Dr

Palm Springs, CA 92264

• NNN Property
• Retail for Sale
• $5,008,539 CAD
• 8,214 SF

Palm Springs Retail for Sale - Coachella Valley

Trophy NNN-leased US Bank with drive-thru at a premier Palm Springs location. The property features strong in-place income, exceptional visibility, and two adjacent R2-zoned residential parcels, offering investors a unique combination of stability, appreciation, and future development upside.

Contact:

CBRE, Inc.

Property Subtype:

Bank

Date on Market:

2026-06-09

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The Shoppes at Calimesa - 1164 Calimesa Blvd

Calimesa, CA 92320

• NNN Property
• Retail for Sale
• $3,166,047 CAD
• 2,830 SF

Calimesa Retail for Sale - Beaumont/Hemet

Ground lease (leased fee) under a corporate Carl's Jr.

Contact:

Marcus & Millichap

Property Subtype:

Fast Food

Date on Market:

2026-04-27

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Painters Path Commercial Center - 72171 Highway 111

Palm Desert, CA 92260

• NNN Property
• Retail for Sale
• $5,965,820 CAD
• 19,101 SF

• Air Conditioning
• 24 Hour Access

Palm Desert Retail for Sale - Coachella Valley

This is a prime retail/office property with excellent exposure on Highway 111 in Palm Desert at the signalized intersection of Painters Path. It is a two story professional retail /office building with elevator built in 1988 and fully renovated in 2021. It is located in the center of Palm Desert's retail shopping, dining, and financial district. It is in a very strong Retail Trade area which includes; Walmart, Target, Whole Foods, Nordstrom Rack, Starbucks, PGA Superstore, Trader Joe's, Best Buy, TJ Maxx, Marshals, Home Goods, Marriott Springhill Suites, US Bank, Chase Bank, In N Out Burger, Wells Fargo, Hobby Lobby, Total Wines and More and several other retail stores and restaurants.

Contact:

Midwest Pacific Investment Company

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-04-10

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NNN Desert Hot Spring Town Center - 14010 Palm Dr

Desert Hot Springs, CA 92240

• NNN Property
• Retail for Sale
• $1,928,486 CAD
• 4,000 SF

Desert Hot Springs Retail for Sale - Coachella Valley

Compass is pleased to present a rare opportunity to acquire a freestanding automotive service facility with an established tenant located along the high-traffic Palm Drive commercial corridor in Desert Hot Springs. The tenant operates under a triple net (NNN) lease structure, offering investors a stable income investment with reduced management responsibilities. Strategically situated along Palm Drive, the city’s primary retail corridor, the property benefits from strong visibility and accessibility and is surrounded by national retailers, grocery stores, restaurants, and neighborhood service businesses near major intersections. This opportunity may appeal to investors seeking stable tenancy, automotive operators looking to expand their footprint, or buyers planning for potential future owner-user occupancy while benefiting from an income-producing property. Located along one of Desert Hot Springs’ most active commercial corridors serving surrounding residential communities and regional traffic.

Contact:

Compass Commercial

Property Subtype:

Auto Repair

Date on Market:

2026-03-16

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34275 Monterey Ave

Rancho Mirage, CA 92270

• NNN Property
• Retail for Sale
• $12,486,600 CAD
• 45,586 SF

• Air Conditioning

Rancho Mirage Retail for Sale - Coachella Valley

Outstanding retail/education investment in one of the most affluent cities in the Coachella Valley. This single-tenant building is uniquely approved for education use and is currently occupied by San Joaquin Valley College, an accredited trade school. SJVC is a strong regional tenant with 15 campuses in California. The lease structure is NNN+CAM, with roof and structure as landlord responsibilities. The current lease runs through January 2029 with 3% annual rent increases, and one additional 3-year extension option at 95% of FMV. Located in the Monterey Marketplace of Rancho Mirage, this building shares center traffic with retailers including Home Depot, Regal Movie Theaters and Pacific Sales, is directly across the street from Costco and Walmart, and less than 1 mile from the new Disney development, Cotino. Significant recent improvements to the property include roof reconditioning (completed Dec 2025 with a 10-year warranty) and a new $595,000 HVAC system installed in 2022. Zoned C-C, “Community Commercial,” intended for large, community-scale shopping centers and malls that can include large retail outlets, restaurants, hotels, and entertainment uses.

Contact:

eXp Realty, LLC

Property Subtype:

Freestanding

Date on Market:

2026-03-10

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1058 Old Woman Springs Rd

Yucca Valley, CA 92284

• NNN Property
• Retail for Sale
• $3,988,775 CAD
• 9,100 SF

Yucca Valley Retail for Sale - Twentynine Palms

KW Commercial is pleased to present the opportunity to acquire the fee simple interest (land & building) in a single tenant, absolute NNN leased investment property located in Yucca Valley, CA. Great opportunity for an absentee investor to sit back and collect. Tenant maintains the property and pays all operating expenses directly. Property is strategically located on Old Woman Springs Rd with tremendous exposure and visibility on a signalized intersection.

Contact:

KW Commercial

Property Subtype:

Freestanding

Date on Market:

2026-03-04

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450 S Palm Canyon Dr

Palm Springs, CA 92262

• NNN Property
• Retail for Sale
• $6,520,780 CAD
• 10,490 SF

Palm Springs Retail for Sale - Coachella Valley

- Premier Downtown Palm Springs Location: Situated on South Palm Canyon Drive, one of Palm Springs’ most iconic and heavily traveled corridors, the property benefits from exceptional visibility, strong traffic counts, and walkability in the heart of the city’s restaurant and entertainment district. - Rare two-tenant restaurant building offering an owner-user or upside investor an opportunity to own an easy to manage property in the high barrier to entry core Palm Springs market. One seasoned tenant is well below market rent with no renewal options creating an occupancy opportunity for an operator or a 4.7% Cap NNN investment while an upside investor positions the property for a new restaurant tenant in 2027. Call for details. - Attractive Yield in a Supply-Constrained Market: Offered at $4,700,000 with a 4.7% cap rate, representing a rare opportunity to acquire stabilized restaurant real estate in a high-barrier-to-entry Palm Springs submarket. - Longstanding, Proven Tenancy: Anchored by Johnny Costa’s Ristorante, a Palm Springs institution with nearly five decades of operating history, and Churrasco Brazilian Steakhouse, a high-performing experiential dining concept with multiple locations. - Recent Renovations & Strong Physical Fundamentals: Originally built in 1960 and substantially renovated in 2022, the property features modernized improvements, prominent storefronts, excellent signage, and outdoor patio components that enhance the guest experience. - High Barriers to Entry & Consistent Demand: Located in a low-vacancy, high-demand restaurant corridor with limited new supply, strong demographics, and consistent year-round tourism driving restaurant sales.

Contact:

Brian Ward

Property Subtype:

Freestanding

Date on Market:

2026-01-23

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El Pollo Loco Abs NNN Ground Lease + T-Mobile - 78621 CA-111 Hwy

La Quinta, CA 92253

• NNN Property
• Retail for Sale
• $4,786,530 CAD
• 2,864 SF

La Quinta Retail for Sale - Coachella Valley

This Offering presents prospective purchasers with the opportunity to acquire a two tenant corporate lease Investment with strong corporate guarantees; El Pollo Loco absolute NNN ground lease and a T-Mobile Mono-palm cell tower site lease. El pollo loco has approximately 13 years remaining on the initial term, 10% rental increases every 5 years with the next increase in April 1, 2028. The lease also includes two, 5-year renewal options. T-Mobile, a long term tenant since 1996, has approx. 6+ years remaining with four - 5-year options and attractive 15% increase every 5 years. The Subject Property is well situated in a prime retail location; along HWY 111, the area's primary retail and traffic corridor, near the the signalizes intersection of HWY 111 and Washington St. with a combine traffic count of 90,000+ CPD and within Washington Park shopping center, a 600,000 sq. ft. major power center anchored by Target, Lowe's, Trader Joe's, TJ Maxx, Ulta, Cost Plus World Market, and many more. La Quinta is an affluent, high growth city with over 187,000 population and an average household income in excess of $103,000 within a 5 mile radius. It is one of the nine cities in Riverside's County, Coachella Valley; a popular tourist destination with 14.4 million annual visitors and a significant population growth to approximately 500,000. With annual rental increases and an absolute NNN ground lease with zero landlord responsibilities, this asset is the perfect offering for an investor seeking a long -term and fully passive investment.

Contact:

Real Estates Unlimited

Property Subtype:

Fast Food

Date on Market:

2025-04-10

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