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Built in the year 1962, this established shopping center is known as Smoke Tree Village. The complex includes a mix of retail space and rentable office space and is set at 1775 East Palm Canyon Drive in Palm Springs, CA. The center is spread across 1 story and offers a total of nearly 89,160 square feet.
Though this complex was completed in the early 1960s, there have been many recent updates throughout the make the units ideal for modern tenants. The units feature many windows to bring in sunlight, plenty of signage space and attractive, neutral finishes.
Many big names anchor 1775 East Palm Canyon Drive, such as Ralph's, True Value Hardware, U.S. Bank and more. There is a great mix of retail opportunities, conveniences and offices in the center, which allows any tenant to feel at home.
Because Smoke Tree Village has an ideal corner location in an older area of Palm Springs, plenty of traffic passes by on a daily basis. The complex is easily accessible from Highway 111 and from the rail line. Onsite, there is plenty of parking in the asphalt parking lot, which includes islands filled with palm trees for shade.
The light siding of 1775 East Palm Canyon Drive works with the darker-colored wood pergolas and the stone elements to give the property an appealing, natural look.
|Subway Restaurant Meal Takeaway Food|
|Native Foods Cafe Meal Takeaway Restaurant Food|
|PHO 533 Restaurant Food|
|Over the Rainbow Cupcakes Bakery Store Food|
|Smoke Tree Jewelers Finance Jewelry Store Store|
|Premier Tracks Library|
|US Post Office Post Office Finance|
|Professional Medical Warehouse Inc Store Health|
|Giuseppe's Pizza & Pasta Bar Restaurant Food|
|Griswold Special Care Health|
|Newman Studio Home Goods Store Store|
|Smokin' Burgers & Lounge Bar Restaurant Food|
|AIM Mail Center Store|
|Nice Touch Full Services Beauty Salon|
|Aqua Medic Inc|
|Pero's Tailor Shop|
|Cactusberry+ Frozen Treats Food Store|
|DFC Travel Travel Agency|
|Murphy Jr William C MD Doctor Health|
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The typical asking rate per listing is in the $20's per square foot per year. The Palm Springs submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Palm Springs submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
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