Vanmar Executive Suites
20,514 SF | 99% Leased | Industrial Building | Palm Desert, CA 92211 | $6,880,000 ($335/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $6,880,000
- Property Type
-
Industrial
- Price / Square Foot
- $335
Listing Contacts
Carlos Martinez
Verified Profile
Bridgett Domingo
Verified Profile
- Property Info
Property Overview
Discover the opportunity to acquire Vanmar Executive Suites at 77711 Flora Road - where savvy businesses find a professional office environment in Palm Desert, California. This two-story industrial building was built in 2010 and spans 20,514 square feet. The property has five drive-in doors, a security system, after-hours electronic access, and 82 parking spaces. Vanmar Executive Suites is almost fully leased to an array of insurance, lawyers, law offices, technology, and real estate industries.
This professional environment is in the Desert Business Park, a premier office and industrial park in the heart of the Coachella Valley. The park is designed to meet the needs of modern businesses, offering state-of-the-art infrastructure, ample parking, flexible floor plans, and benefits from the low cost of power provided by the Imperial Irrigation District (IID). Desert Business Park is home to national and regional tenants, including Dal-Tile, Lamar Outdoor Advertising, Golden State Overnight, and the County of Riverside.
The office is conveniently close to Interstate 10, providing fast access to Palm Desert, La Quinta, Rancho Mirage, Cathedral City, Thousand Palms, Desert Hot Springs, Indio, Palm Springs, and Indian Wells. A plethora of retail, dining, lodging accommodations, and entertainment attractions surround Vanmar Executive Suites. The Palm Springs International Airport is located approximately 16 miles away from the suites. This Palm Desert location has a population of 100,430 residents, bringing in an average household income of $102,283 within a 5-mile radius of the property.
This professional environment is in the Desert Business Park, a premier office and industrial park in the heart of the Coachella Valley. The park is designed to meet the needs of modern businesses, offering state-of-the-art infrastructure, ample parking, flexible floor plans, and benefits from the low cost of power provided by the Imperial Irrigation District (IID). Desert Business Park is home to national and regional tenants, including Dal-Tile, Lamar Outdoor Advertising, Golden State Overnight, and the County of Riverside.
The office is conveniently close to Interstate 10, providing fast access to Palm Desert, La Quinta, Rancho Mirage, Cathedral City, Thousand Palms, Desert Hot Springs, Indio, Palm Springs, and Indian Wells. A plethora of retail, dining, lodging accommodations, and entertainment attractions surround Vanmar Executive Suites. The Palm Springs International Airport is located approximately 16 miles away from the suites. This Palm Desert location has a population of 100,430 residents, bringing in an average household income of $102,283 within a 5-mile radius of the property.
Property Details
- Class
- B
- Year Built
- 2010
- Stories
- 2
- Lot Size (sq. ft)
- 45,302 SF
Highlights
- Vanmar Executive Suites is a one-of-a-kind investment opportunity to purchase a multi-tenant office and industrial building in the Coachella Valley.
- Centrally located in the mid-valley off I-10 and Washington Street, creating superior highway connectivity to bustling cities in the Southwest.
- Two-story, professional work environment constructed in 2010 with five drive-in doors, secure building entry, expansive windows, and ample parking.
- Close to a plethora of retailers, including EOS Fitness, UPS Store, Starbucks, Stater Bros. Markets, Desert Beer Company, Walgreens, and Goody’s Cafe.
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