5700 Indian Springs Road, Palm Springs, CA, 92264

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$1,499,000
New Listing

5700 Indian Springs Road
Palm Springs, CA 92264

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
1976
Built
County:
Riverside
Listed by Ryan Pylypow of Rennie Group r@omni-re.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
5700 Indian Springs Road5700 Indian Springs Road5700 Indian Springs Road5700 Indian Springs Road
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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.

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Listing Snapshot
Price 
$1,499,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.71 Acres
Year Built 
1976
MLS Number 
219155151DA
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 hours agoListing updated with changes from the MLS
10 hours agoListing first seen on site
General Features
Acres 
0.71
Special Circumstances 
Standard
Interior Features
Heating 
Forced Air
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Exterior Features
Roof 
Flat
Community Features
MLS Area 
334 - South End Palm Springs


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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