$ 1,499,000
-
$1,499,000
Price -
0.71
Acre
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About the Listing d24553 - D73415,D82323
Excellent opportunity to acquire a 10,126 SF commercial building in Palm Springs, featuring durable block wall construction and a fenced yard. The property is occupied by a well-established tenant with an impressive 22-year tenancy, providing a history of occupancy and a current income stream. The existing lease has approximately 3 years remaining, offering an investor the opportunity to maintain the current tenancy while evaluating future lease-renewal potential. The property currently offers a reported 7.7% capitalization rate.The building is situated on leased land, with approximately 32 years remaining on the land lease. Located across the street from a new tribal gas station, the property benefits from proximity to a notable commercial development in the surrounding area.Please do not disturb tenant. Drive-by only. No direct contact with the tenant or property visits without prior authorization.
Listing Highlights for 5700 Indian Springs Rd
Interior Details
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof: Flat
- Others:
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 009613382
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Listing Location
Questions About..
5700 Indian Springs Rd Palm Springs, CA 92264
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