$29,430,000

74199 El Paseo Drive, Palm Desert, CA 92260, US

Summary

Style: Office
Sq Ft: 86835
Year Built: 2001

Moving Quotes

primary photo for 74199 El Paseo Drive, Palm Desert, CA 92260, US

Remarks

Currently 87.3% leased, One El Paseo Plaza is a dynamic, Class A office/restaurant complex totaling 86,835 net rentable square feet. The Property consists of two two-story buildings and an adjacent restaurant pavilion that creates a high-image campus in a premier business setting with the highest quality in design, appeal and function. Features include modern architectural designs, striking granite lobbies and interior finishes, flexible floor plates, and abundant parking ratios of 3.5/1,000 square feet including highly-coveted assigned and covered parking. The Property's institutional-quality construction and design combines with an amenity-rich location to create a sought-after, trophy project. One El Paseo Plaza provides an investor with the opportunity to assume two (2) existing loans on the property totaling $16,429,520 ($3,029,520 loan at 5.27% and $13,400,000 loan at 6.69%).

Details

MLS#: 219124726
Price: $29,430,000

Style: Office
Sq Ft: 86835
Year Built: 2001

County: Riverside

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Broker Contact

Ocean Properties Development
1919 Grand Ave., Ste. 2A
San Diego, CA, 92109
US
! 858-273-6600
! dgarcia@oceanprop.net

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by California Desert Association of REALTORS®, Inc.
Last updated: 2025-02-13T10:23:12.000-08:00.
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