70385 Highway 111 Cir

Investment Highlights

Lord Fletchers successfully occupied this 4,047 SF iconic restaurant building for over 40 years. It was always known as a first-class restaurant/bar! Quality restaurant, furnishings, fixtures and equipment included in $2,250,000 purchase price. Oversized 26,136 SF parcel of land allows for future expansion, or an additional commercial building. Highly visible corner location at major intersection of Highway 111 and Country Club Dr., Rancho Mirage. Eye-catching, extraordinary signage, facing all directions towards traffic at this busy signalized intersection. Abundant parking of 66 spaces, which equals 10.6 spaces per 1000 SF.

Executive Summary

Introducing a prime investment opportunity at 70385 Highway 111, Rancho Mirage, CA, 92270. This distinguished 4,047 SF building, steeped in a rich history of hospitality, awaits its next visionary proprietor. This iconic establishment has been synonymous with excellence and has a legacy spanning over 40 years as the esteemed Lord Fletchers Restaurant. Boasting a strategic corner location at the bustling intersection of Highway 111 and Country Club Dr., its prominence is unrivaled. The $2,250,000 purchase price includes top-tier furnishings, fixtures, and equipment, ensuring a seamless transition for aspiring restaurateurs. Embrace the allure of extraordinary signage, capturing attention from all angles amidst this vibrant, signalized thoroughfare. The additional 26,136 SF parcel offers ample space for expansion or an additional commercial building. The property is complemented by ample parking, ensuring unmatched accessibility for patrons. Seize this unparalleled opportunity to shape the future of dining and commerce in Rancho Mirage.

• Sale Type    Investment or Owner User
• Sale Condition    1031 Exchange
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Freestanding Restaurant
• Building Size    4,047
• Building Class    C
• Year Built    1966
• Price    2,250,000
• Price Per SF    556
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.07
• Land Acres    1.29 AC

• Corner Lot
• Freeway Visibility
• Pylon Sign
• Restaurant
• Signage
• Signalized Intersection