RETAIL FOR LEASE 7,500 SF TURNKEY HIGH END ......Pablo Rodriguez Steve Lyle 760.610.3147...
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Pablo Rodriguez Steve Lyle 760.610.3147 760.578.9927 CalDRE #01870757 CalDRE #00762911 [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 Logo are 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. 74225 HIGHWAY 111 SUITE B, PALM DESERT, CA 92260 RESTAURANT PAVILION AT ONE EL PASEO PLAZA Property Highlights • Free Standing 7,500 SF Turn Key Restaurant Opportunity in the Most Prestigious Office Project in the Entire Coachella Valley. • High Identity Location at the Signalized Intersection of Hwy 111 and El Paseo -- El Paseo is Considered the "Rodeo Drive" of the Coachella Valley. • Prominent Monument Signage and Visibility on Hwy 111. • Traffic Counts at Hwy 111 and El Paseo Drive are Over 63,000 Cars per Day. • Located Near Many Exclusive Resort and Country Clubs including the Vintage, Bighorn and the Reserve. • Affluent Demographics and Prestigious Co-Tenancy in the Office Complex including Morgan Stanley, Royal Bank of Canada and Wells Fargo (All Fortune 500 Companies). Demographics 1 Mile 3 Miles 5 Miles Total Households 4,567 20,714 34,665 Total Population 10,580 43,896 72,230 Average HH Income $80,864 $96,939 $102,578 // RETAIL FOR LEASE 7,500 SF TURNKEY HIGH END RESTAURANT
Transcript of RETAIL FOR LEASE 7,500 SF TURNKEY HIGH END ......Pablo Rodriguez Steve Lyle 760.610.3147...
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.
74225 HIGHWAY 111 SUITE B, PALM DESERT, CA 92260RESTAURANT PAVILION AT ONE EL PASEO PLAZA
Property Highlights
• Free Standing 7,500 SF Turn Key Restaurant Opportunity in the MostPrestigious Office Project in the Entire Coachella Valley.
• High Identity Location at the Signalized Intersection of Hwy 111 andEl Paseo -- El Paseo is Considered the "Rodeo Drive" of the CoachellaValley.
• Prominent Monument Signage and Visibility on Hwy 111.
• Traffic Counts at Hwy 111 and El Paseo Drive are Over 63,000 Carsper Day.
• Located Near Many Exclusive Resort and Country Clubs including theVintage, Bighorn and the Reserve.
• Affluent Demographics and Prestigious Co-Tenancy in the OfficeComplex including Morgan Stanley, Royal Bank of Canada and WellsFargo (All Fortune 500 Companies).
Demographics 1 Mile 3 Miles 5 Miles
Total Households 4,567 20,714 34,665
Total Population 10,580 43,896 72,230
Average HH Income $80,864 $96,939 $102,578
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RETA
IL FOR LEASE7,500 SF TURNKEY HIGH END RESTAURANT
Annualized Operating DataCurrent
Scheduled Gross Income: $1,257,080.76
Expense Reimbursement: $333,070.36
Total Operating Income: $1,590,151.12
Vacancy (3%): ($47,704.53)
Gross Operating Income: $1,542,446.59
Total Operating Expenses: ($403,430.48)
Net Operating Income (NOI): $1,139,016.11
7,500 SF RESTAURANTAVAILABLE
COLDWELL BANKER COMMERCIAL
78000 FRED WARING DR| SUITE 200
PALM DESERT, CA 92211
760.772.6400 | CBCLYLE.NET
Pablo Rodriguez Steve Lyle760.610.3147 760.578.9927CalDRE #01870757 CalDRE #[email protected] [email protected]
SITE PLAN / /7 4 2 2 5 H I G H W A Y 1 1 1 S U I T E B , P A L M D E S E R T , C A 9 2 2 6 0
RESTAURANT PAVILION AT ONE EL PASEO PLAZA
COLDWELL BANKER COMMERCIAL
78000 FRED WARING DR| SUITE 200
PALM DESERT, CA 92211
760.772.6400 | CBCLYLE.NET
Pablo Rodriguez Steve Lyle760.610.3147 760.578.9927CalDRE #01870757 CalDRE #[email protected] [email protected]
RRETAILER MAP / /7 4 2 2 5 H I G H W A Y 1 1 1 S U I T E B , P A L M D E S E R T , C A 9 2 2 6 0
RESTAURANT PAVILION AT ONE EL PASEO PLAZA
COLDWELL BANKER COMMERCIAL
78000 FRED WARING DR| SUITE 200
PALM DESERT, CA 92211
760.772.6400 | CBCLYLE.NET
Pablo Rodriguez Steve Lyle760.610.3147 760.578.9927CalDRE #01870757 CalDRE #[email protected] [email protected]
ADDITIONAL PHOTOS / /7 4 2 2 5 H I G H W A Y 1 1 1 S U I T E B , P A L M D E S E R T , C A 9 2 2 6 0
RESTAURANT PAVILION AT ONE EL PASEO PLAZA
COLDWELL BANKER COMMERCIAL
78000 FRED WARING DR| SUITE 200
PALM DESERT, CA 92211
760.772.6400 | CBCLYLE.NET
Pablo Rodriguez Steve Lyle760.610.3147 760.578.9927CalDRE #01870757 CalDRE #[email protected] [email protected]
ADDITIONAL PHOTOS / /7 4 2 2 5 H I G H W A Y 1 1 1 S U I T E B , P A L M D E S E R T , C A 9 2 2 6 0
RESTAURANT PAVILION AT ONE EL PASEO PLAZA
COLDWELL BANKER COMMERCIAL
78000 FRED WARING DR| SUITE 200
PALM DESERT, CA 92211
760.772.6400 | CBCLYLE.NET
Pablo Rodriguez Steve Lyle760.610.3147 760.578.9927CalDRE #01870757 CalDRE #[email protected] [email protected]
ADDITIONAL PHOTOS / /7 4 2 2 5 H I G H W A Y 1 1 1 S U I T E B , P A L M D E S E R T , C A 9 2 2 6 0
RESTAURANT PAVILION AT ONE EL PASEO PLAZA
