OFFICE $599,000 ($187 PSF) · 2018-10-31 · Pablo Rodriguez Steve Lyle 760.610.3147 760.578.9927...

Pablo Rodriguez Steve Lyle760.610.3147 760.578.9927CalDRE #01870757 CalDRE #[email protected] [email protected]

COLDWELL BANKER COMMERCIAL

PALM DESERT, CA

78000 FRED WARING DR| SUITE 200

PALM DESERT, CA 92211

760-772-6400

www.cbclyle.net ©2018 Coldwell Banker Real Estate LLC, Coldwell Banker Commercial Lyle & Associates Coldwell Banker Commercial Affiliates. All Rights Reserved.Coldwell Banker Real Estate LLC, Coldwell Banker Commercial Lyle & Associates Coldwell Banker Commercial Affiliates fully supports the principles of

the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logoare registered service marks owned by Coldwell Banker Real Estate LLC, Coldwell Banker Commercial Lyle & Associates Coldwell Banker Commercial

Affiliates. Each sales representative and broker is responsible for complying with any consumer disclosure laws or regulations.

71780 SAN JACINTO DR, RANCHO MIRAGE, CA 92270RIVER'S EDGE - BUILDING A

Location Description

The property is located on San Jacinto Drive, close to the Riverin Rancho Mirage, which is the largest lifestyle center in theCoachella Valley. The property is also in close proximity to theexotic car dealerships on Highway 111.

Property Description

Coldwell Banker Commercial Lyle & Associates is pleased topresent the River's Edge, a three-unit investment opportunityin Rancho Mirage, CA. River's Edge presents a greatopportunity for either an investor or an owner-user. One ofthe spaces has been leased to a national tenant, which allowsan owner-user to occupy any of the two remaining spacesand collect stable cash flow for the next two years. Aninvestor has the chance to fully-stabilize the property.

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OFF

ICE FOR SALE / LEASE

$599,000 ($187 PSF)




760.772.6400 | CBCLYLE.NET


OFFERING SUMMARYSALE PRICE: $599,000 ($187 PSF)

YEAR BUILT: 2007

BUILDING SIZE: 3,209

ZONING: General Office

PROPERTY OVERVIEWColdwell Banker Commercial Lyle & Associates is pleased to present the River's Edge, a three-unitinvestment opportunity in Rancho Mirage, CA. River's Edge presents a great opportunity for either aninvestor or an owner-user. One of the spaces has been leased to a national tenant, which allows anowner-user to occupy any of the two remaining spaces and collect stable cash flow for the next two years.An investor has the chance to fully-stabilize the property.

PROPERTY HIGHLIGHTS• Turnkey Small Office Spaces in a 3,209 SF Office Condo in The River’s Edge Development in Rancho

Mirage, CA.

• Located Near Many Amenities including the River Shopping Center and Hwy 111.

• Tenant Improvement Allowance and Other Incentives Are Available

• Ability to Finance Building at Monthly Rate 20% Below Current Market Lease Rates With 10% DownPayment.

EXECUTIVE SUMMARY / /7 1 7 8 0 S A N J A C I N T O D R , R A N C H O M I R A G E , C A 9 2 2 7 0

RIVER'S EDGE - BUILDING A




760.772.6400 | CBCLYLE.NET


SUITE TENANT SIZE (SF)

A-1 Fidelity Title Company 864 SF

A-2 Available 1,100 SF

A-3 Available 1,245 SF

LEASE TYPE | NNN LEASE SPACE | 1,100 - 1,245 SF

LEASE TERM | Negotiable LEASE RATE | Negotiable

AVAILABLE SPACES / /7 1 7 8 0 S A N J A C I N T O D R , R A N C H O M I R A G E , C A 9 2 2 7 0


A-3

A-2

A-1Fidelity National Title

Cyra

Line




760.772.6400 | CBCLYLE.NET


ADDITIONAL PHOTOS / /7 1 7 8 0 S A N J A C I N T O D R , R A N C H O M I R A G E , C A 9 2 2 7 0





760.772.6400 | CBCLYLE.NET


LOCATION MAPS / /7 1 7 8 0 S A N J A C I N T O D R , R A N C H O M I R A G E , C A 9 2 2 7 0


OFFICE $599,000 ($187 PSF) · 2018-10-31 · Pablo Rodriguez Steve Lyle 760.610.3147 760.578.9927...

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Transcript of OFFICE $599,000 ($187 PSF) · 2018-10-31 · Pablo Rodriguez Steve Lyle 760.610.3147 760.578.9927...