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225 CA-111

Palm Desert, CA
Floors
1
Total Size
16,032 sqft
Zoning
COMMERCIAL
Year Constructed
1948
Year Renovated
1990
Building Class

About 225 CA-111

A great opportunity to be part of the quality restaurants along El Paseo Drive in Palm Desert’s finest Shopping District. One El Paseo Plaza’s Restaurant Pavilion has completed a fabulous remodel. The building now presents a new look that will treat guests with an unforgettable dining experience. One El Paseo Plaza is known for its modern flair, spacious outside patio areas, fire pits, intimate lighting, beautiful architectural details, and many more amenities. One El Paseo Plaza is located right on the corner of El Paseo Drive and Highway 111 and the Pavilion is nestled in between the two luxurious Class A office buildings which are comprised of more than 75,000 S/F and occupied by several Fortune 500 companies. The Restaurant Pavilion currently has two restaurant suites of approximately 7500 S/F that can be combined or leased separately up to 16,032 S/F. The Pavilion has excellent visibility and monument signage right on Highway 111. The traffic count is approx. 63,100 plus cars per day and food and beverage sales within the 3-5 mile radius are $150,093. - Parking description: Assigned and covered parking available. - Number of buildings: 1 - Building condition: Excellent - Tenancy: Multiple Tenants

Internet Providers for 225 CA-111

Provider Technology Max Download Speed Max Upload Speed
TIME WARNER CABLE Cable
100 Mb/s
6 Mb/s
Verizon DSL
10 Mb/s
1.5 Mb/s
New Edge Networks Copper Wireline
3 Mb/s
3 Mb/s

The City: Indian Wells

The typical asking rate per listing is in the $10's per square foot per year. The Indian Wells submarket is going through a a boost in rates. In the last 3 months, the median rate rose $19 per sqft per year. That's a Inf% rise in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Indian Wells region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Median Rate Median Size
Indian Wells $19
/sqft/yr
2,000
sqft
Median Rate Median Size
Metropolitan Los Angeles $32
/sqft/yr
2,210
sqft

Median Rate over Time in Indian Wells