The subject property, built in 1996, is a well located retail/commercial building of approx. 3,900 sq.ft., situated as a separate building but inline as part of a commercial strip center on highly trafficked San Pablo Avenue in Central Palm Desert. The building is comprised of two separate owned businesses, one being the Sun Splash Screen printing Company, occupying approx. 2,600 sf and the 2nd being the El Rodeo Mexican Restaurant occupying approx. 1,300 sf. The restaurant is on a lease that expires July 31, 2011 and the Screen printing company, the current owner of the building, will execute a new lease to be effective upon close of escrow for 3 years with two 3 year options to extend. Both businesses are seasoned long term tenants of the building. This property represents an excellent investment opportunity, and for financials relating to the investment please complete the attached confidentiality agreement and information will be sent right out.<br/><br/>Brokered And Advertised By: Keller Williams Realty<br/>Listing Agent: Richard C. DeCarlo
Off market
Street View
Zestimate®
$790,300
44820 San Pablo Ave, Palm Desert, CA 92260
--beds
--baths
--sqft
MultiFamily
Built in 1996
-- sqft lot
$790,300 Zestimate®
$--/sqft
$2,499 Estimated rent
Owner options
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$790,300
2% more+$15,806
With Zillow Showcase(estimated)$806,106