74199 El Paseo Drive,Palm Desert, CA 92260
Palm Desert, CA 92260
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%).
Details
| MLS# | 219124726DA |
|---|---|
| Listing Type | For Sale |
| Building Name | One El Paseo Plaza |
| Sub-Type | Resale |
| Status | Active |
| Year | 2001 |
| Days On Site | 71 |
| Listing Provided By | Ocean Properties Development 858-273-6600 | Sam Rasmussen |
Features
| Building(s) | 3 |
|---|---|
| Acreage | 5.02 |
Market Activity 92260
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Learn More About This Property
| State | CA |
|---|---|
| County | Riverside |
| City | Palm Desert |
| Zip Code | 92260 |
| Area | 323 South Palm Desert |
| Listing VS Median (in 92260) | |
Price: $29,430,000 low | high Med: $415,000 On site: 71 low | high Med: 63.000000 | |