71687 Ca-111,
Rancho Mirage CA, 92270
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.
Details
| MLS# | 219046800PS |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 2009 |
| Days On Site | 222 |
Features
| Story(s) | 2 |
|---|
Market Activity 92270
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Learn More About This Property
| Area Information | |
|---|---|
| State | CA |
| County | Riverside |
| City | Rancho Mirage |
| Zip Code | 92270 |
| Area | 321 - Rancho Mirage |
| Listing VS Median (in 92270) | |
Price: $3,195,000 low | high Med: $442,450 On Site: 222 low | high Med: 200.500000 Sourced by Back At You | |
MLS Number: 219046800PSListing Provided By:
Scott Lyle of Compass