69620 Highway 111

69620 Highway 111 , Rancho Mirage, California, 92270 | 6,122 sq.f | $ 1,375,000

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About This Restaurant

Investment Highlights

Executive Summary

Perfect for owner/occupant ? Tenants? leases expire 12/31/2025 with no options. Priced to allow for redevelopment of the property. Monument signage available. Ample parking. Commercial kitchen improvements in place.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    6,122
  • Building Class    C
  • Year Built    1982
  • Price    1,375,000
  • Price Per SF    225
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    0.12
  • Land Acres    1.15 AC

Amenities

  • Pylon Sign
  • Signage

Property Taxes

Parcel Number 674-490-041 Improvements Assessment $637,500
Land Assessment $612,000 Total Assessment $1,249,500
Date Created: 2024-07-16 04:09:21 Last Updated: 2024-07-16 04:09:21
Address: 69620 Highway 111 , Rancho Mirage, California, 92270