Available For Sale - Industrial , Warehouse

7,000 SF | Show Pricing $

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AVAILABILITY DETAILS

Size
7,000 SF
Price/SF
Show Pricing $
Listing ID
SA468363
Notes
Property Highlights

• Value-Add Investment/Owner-User Opportunity in

Downtown Cathedral City

• Located in an Opportunity Zone with Potential Tax

Incentives for Redevelopment

• Gated Full Block Complex with Large Lot and Plenty

of Secure Parking/Storage (±50 Vehicles)

• Existing Auto Service Bays, Lift, and Permits with

Multiple Points of Ingress and Egress

• Ideal Zoning with Wide Variety of Allowed Uses

Including “Vice” Industries

• Located Just Off Main Retail Corridor East Palm

Canyon Road with ±30,000 VPD

• Surrounded by New Development Including

Entertainment Venues, Community Gathering Places,

and Tourist Destination





INVESTMENT OVERVIEW

Investment Summary

Graystone Capital Advisors is pleased to exclusively list for sale a value-add investment or owner-user opportunity located in Cathedral City at 36777 Sunair Plaza. The offering is an existing

±7,000 square foot auto retail/service complex featuring a main ±2,500 square foot building at the corner of Sunair Plaza and Commercial Road. The property benefts from access points

to the street and an additional ±4,500 square foot building currently used as open auto service bays (±11) including one enclosed bay with a built-in lift. The offering is situated on two

parcels with a combined area of ±0.55 acres (±23,958 SF) that spans the entire block between Sunair Plaza and Melrose Drive with ingress and egress on each street. This large gated

complex offers plenty of space for secure parking/storage of ±50 vehicles or other equipment. The property is located in an Opportunity Zone which may give the Buyer access to certain

tax incentives for purchasing or redevelopment of the property. The property’s ideal CBP-2 (Commercial Business Park) zoning allows for a wide variety of commercial and industrial uses.

The subject property is located in the heart of Downtown Cathedral City, just off East Palm Canyon Road, Cathedral’s City’s major thoroughfare with heavy traffc counts of ±30,000

VPD near its intersection with Cathedral Canyon Road with an additional ±13,700 VPD. Surrounding points of interest include Coachella Valley Repertory, Cathedral City Community

Amphitheater, Cathedral City Festival Lawn, Agua Caliente Cathedral City Casino, Cathedral Canyon Country Club and Golf Clubs, Welk Resorts Palm Springs - Desert Oasis,

Cathedral City Police Department, and many more. Surrounding national/regional tenants include Enterprise Rent a Car, Mike Thompson’s RV Super Store, Quick Quack Car Wash, Taco

Bell, Circle K, Money Mart, Napa Auto Parts, Crystal Chrysler Dodge Jeep Ram. The trade area boats strong projected population growth and average to above average household

incomes.
Uses
Industrial
Warehouse

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Matt Hardke, Graystone Capital Advisors