74199 El Paseo Drive, Palm Desert, CA 92260
  • MLS#: 219124726DA ( Commercial )
  • Street Address: 74199 El Paseo Drive
  • Viewed: 2
  • Price: $29,430,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2001
  • Bldg sqft: 0
  • Additional Information
  • County: RIVERSIDE
  • City: Palm Desert
  • Zipcode: 92260
  • Provided by: Ocean Properties Development
  • Contact: Sam Sam
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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%).
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Features
Property Type
  1. Commercial