$15,275
FOR LEASEActive707 Palm Canyon Drive
Palm Springs CA 92262
N/A
SF
Commercial Lease
Type
1962
Built
N/A
Cost/SF
Listing Agent
Mike Kassinger
DRE #: 01213797
Brokerage: Realty Trust
Location Analysis
About This Property
Extraordinary location! Take this rare opportunity to establish a new restaurant concept with only minor cosmetic improvements at one of Palm Springs' most popular dining addresses in the former home of TRIO. With approximately 4,700SF of space situated in the historic Turonnet Building designed by John Porter Clark and Albert Frey this restaurant space benefits from high-visibility corner frontage, attractive outdoor dining areas equipped with heaters, misting system and 38 shared parking spaces in the prominent Uptown Design District location offering. Restaurants, galleries, shops and hospitality destinations surround this established dining corridor with exceptional foot traffic. Existing on-site furniture, fixtures and equipment (FF&E) is included at no additional cost, making this a notable move-in ready opportunity. Asking rent is $15,275/month (approx $3.25/SF/month), proposed multi-year, modified net lease. Landlord responsibilities include HVAC maintenance/repair, sprinkler inspections, roof, exterior, structure/foundation, property taxes and landlord insurance. Tenant responsibilities include utilities, trash, interior walls, windows/doors, electrical, plumbing, grease trap, fire-extinguisher servicing and tenant insurance. Final terms subject to an executed lease.
Property Information
Property Overview
Commercial Lease
Property Type
Active
Status
1,962
Year Built
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Investment Metrics
Data not available.
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