Cathedral City Retail for Sale - Coachella Valley

31033 Date Palm Dr presents a predominantly vacant retail investment opportunity with approximately 85% vacancy, offering investors a rare chance to acquire a highly accretive value-add asset with substantial lease-up upside. The offering consists of a 14-unit multi-tenant retail center totaling 126,745 SF, situated on a 14.30-acre lot at the signalized intersection of Date Palm Drive and McCallum Way in the heart of Cathedral City, CA. Originally built in 1992 and renovated in 2007, the asset provides a modern construction profile with significant NOI growth potential through aggressive re-leasing at market rents and strategic tenant repositioning. The property features five exterior loading docks, ±888 on-site parking spaces, and strong dual-street frontage, supporting a wide range of retail, medical, institutional, and logistics-oriented users. Big 5 Sporting Goods anchors the center with a lease through 2030, providing in-place income and long-term stability, while Spirit Halloween has committed to return for the 2026 season, offering recurring seasonal income. With strong traffic counts, proximity to Palm Springs, and regional demand drivers throughout the Coachella Valley, the asset is exceptionally positioned for sustained tenant demand, long-term appreciation, and multiple executable paths to grow NOI and investor equity.

Property Subtype:

Storefront

Date on Market:

2025-12-08

Palm Springs Retail for Sale - Coachella Valley

IHOP with Short Term Lease - Tenant has indicated there may be potential for an early lease termination. Ask Broker for details. Premier Downtown Palm Springs Location – Situated along South Indian Canyon Drive, one of Palm Springs’ main commercial arteries offering excellent visibility and accessibility. Currently an IHOP Restaurant with short term lease – Freestanding 4,503 SF building with prominent signage and ample on-site parking. High-Traffic Corridor – Strong daily traffic counts exceeding 32,000 vehicles per day. Affluent Trade Area – Average household income within 3 miles exceeds $100,000. Tourism-Driven Market – Palm Springs welcomes millions of visitors annually, supporting consistent retail and restaurant demand. Exceptional Reuse Opportunity – Ideal for restaurant, retail, or service use in one of Southern California’s most desirable resort destinations.

Property Subtype:

Restaurant

Date on Market:

2025-11-24

Banning Retail for Sale - Beaumont/Hemet

* Dominant International Brand – Pizza Hut, a subsidiary of Yum! Brands, Inc., is the world’s largest pizza restaurant company, with approximately 19,800 locations across more than 120 countries * Proven Operator – Southern PacPizza, the operator and guarantor, is among the largest Pizza Hut franchise groups in the system, with 77 locations and nearly 30 years of operating history. The entity of Southern PacPizza itself manages 24 units across Southern California * Strong Historical Occupancy and Sales – Pizza Hut has operated at this location since 1986 and under the current operator since 2012 with proven sales and a low rent-to-sales ratio, strengthening its continued long-term success * Long Term Absolute NNN Lease – Pizza Hut operates under a 15.5-year Absolute NNN lease (expiring March 2041), one of the most hands-off forms of real estate investment with essentially zero landlord obligations or oversight * Below Market Rent – Pizza Hut’s rent is only $78,749 Annually ($26.48 PSF/YR and $2.20 PSF/MO), well below market levels (+25% below market) and many comparable high rent quick-service restaurants, producing low tenant occupancy costs and future mark-to-market rent potential at lease expiration * High Visibility, High Traffic Location – Located on W. Ramsey Ave (12,800+ CPD), THE primary thoroughfare within Banning, with excellent access to the I-10 Freeway (133,500+ CPD)

Property Subtype:

Fast Food

Date on Market:

2025-11-05

Palm Springs Office for Sale - Coachella Valley

777 N. PALM CANYON DRIVE .... It simply doesn't get any better than this in the most sought-after area of Palm Springs' notorious Uptown Design District! In addition to its A+ location, this versatile, modern-style Property provides unobstructed visibility, easy access with ample on-street Parking and abundant Private (off-street, covered) Parking, all within an ambiance suitable for any Retail, Entertainment or Office venue. Surrounded by multiple Resorts/Boutique Hotels, countless "chic and trendy" Restaurants, numerous noteworthy Retailers and several elite neighborhoods. Mountain views, patios/balconies and tranquil seating areas are just a few of the items on this Property's endless list of accolades. Truly an example of Palm Springs "charm"! Located on the West side off N. Palm Canyon Drive, between Alejo Road and Tamarisk Road in the "Heart" of the Uptown Design District.

Property Subtype:

Loft/Creative Space

Date on Market:

2025-10-15

Twentynine Palms Retail for Sale

Property Subtype:

Restaurant

Date on Market:

2025-04-02

Cathedral City Retail for Sale - Coachella Valley

- 6,560 SF multi-tenant retail building on bustling Date Palm Drive in Cathedral City. - Great property for owner/user or investment - Ideal for medical office or retail - Suite B was renovated in 2020 with over $500,000 in upgrades - Key location on Date Palm Drive, a major corridor with easy access to I-10 and Highway 111 - Impressive traffic counts of 50,351 cars per day - Less than 4 miles to Palm Springs International Airport - In the Opportunity Zone, with potential for tax incentives

Property Subtype:

Freestanding

Date on Market:

2025-03-11

Cathedral City Retail for Sale - Coachella Valley

Marcus & Millichap is pleased to present the Shops at Canyon Plaza, a 37,895 square foot retail center situated on approximately 4.05 acres. The shops are located on Palm Canyon Drive (Highway 111) the desert’s primary traffic artery with traffic counts of over 52,500 cars a day. The project was built in 1981 and has been remodeled by the current ownership. The Tenant mix is comprised of multiple steady retail and service uses.

Property Subtype:

Storefront

Date on Market:

2025-03-06

Palm Desert Retail for Sale - Coachella Valley

Excellent NNN investment opportunity. This single tenant building has been occupied by Pet Smart since it was built in 2007. Located in the Desert Gateway shopping center of Palm Desert California, this building shares center traffic with several national retailers including: Walmart Super Center, Kohls, Sam's Club, and Panera. Also in close proximity are Lowes, and Costco. The current Lease runs through March 2028, and features three 5-year renewal options. Palm Desert has a population of 112,390 within a 5-mile radius, and the average annual household income is $103,481.00. PetSmart Inc. is a privately held American chain of pet superstores, which sell pet products, services, and small pets. It was founded in 1986, and as of March 2023, has 1,665 locations across North America. In 2024 Pet Smart’s annual sales were nearly $10 billion. Banfield Pet Hospital is a fully functioning veterinary clinic, also located inside this Pet Smart, in addition to their full service grooming center.

Date on Market:

2025-02-07