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    71687 Ca-111

    Rancho Mirage, CA 92270
    • $3,195,000
    • STATUS: Active
    • ON SITE: 117 days
    • ID#: 219046800PS
    UPDATED: 88 min ago
    $3,195,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2009
    County:

    School Ratings & Info

    Description

    Trophy Office Building in Rancho Mirage. with excellent stabilized tenants and 100% leased. Medical and Tax account tenants that asked for no COVID concessions. Built in 2009 and designed by famed architectural firm Priest Vusic the design is both striking and functional. Featuring a doomed metal roof that requires virtually no maintenance. Shows pride of ownership inside and out with significant tenant improvements invested. The suites have nice views and are very attractive. Elevator for 2nd floor. 44 Parking spaces plus 2 ADA parking. Attractive location for tenants in a mid-valley location across from The River Development with many fine restaurants , entertainment and shopping. Selling under cost if replacement at only $209 psf for this kind of quality. Excellent income and return. Motivated Seller.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-24T14:31:18.693. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.

    www.bobkellyteam.com/homes/108334415
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    71687 Ca-111 Rancho Mirage, CA 92270

    • Price: $3,195,000
    • Status: Active
    • Updated: 88 min ago
    • ID#: 219046800PS
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2009
    Built
    Neighborhood:
    321 - Rancho Mirage
    County:
    Riverside
    Area:
    321 - Rancho Mirage
    Property Description
    Trophy Office Building in Rancho Mirage. with excellent stabilized tenants and 100% leased. Medical and Tax account tenants that asked for no COVID concessions. Built in 2009 and designed by famed architectural firm Priest Vusic the design is both striking and functional. Featuring a doomed metal roof that requires virtually no maintenance. Shows pride of ownership inside and out with significant tenant improvements invested. The suites have nice views and are very attractive. Elevator for 2nd floor. 44 Parking spaces plus 2 ADA parking. Attractive location for tenants in a mid-valley location across from The River Development with many fine restaurants , entertainment and shopping. Selling under cost if replacement at only $209 psf for this kind of quality. Excellent income and return. Motivated Seller.
    Exterior Features

    Lot Features Sprinkler System Lot Size Source Assessor Roof Composition

    Interior Features

    Heating Forced Air Heating YN Yes Office Square Footage 15282 Office Square Footage Max 0 Office Square Footage Min 0

    Property Features

    Asset Class Office Building Name Swan Plaza Business Type Professional/Office Cap Rate 6.33 Effective Gross 0 Equipment Value 0 Gross Operating Income 0.00 Industrial Square Footage 0 Industrial Square Footage Max 0 Industrial Square Footage Min 0 Inventory Value 0 Investment Property YN Yes Land Use Office Property Sub Type Own Your Own Retail Square Footage 0 Special Listing Conditions Standard Sprinklers YN Yes Total Monthly Rent 0

    Listing provided courtesy of Scott Lyle of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-24T14:31:18.693. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.

     
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    The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties
    8898 La Mesa Blvd.
    La Mesa CA, 92042