74199 El Paseo DR, Palm Desert, CA 92260 – 219124726DA

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Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

$29,430,000

Est. payment - /mo

5.02 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 219124726DA

HOA Y/N No

Year Built 2001

Lot Size 5.020 Acres

Property 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%).

Location

State CA

County Riverside

Area 323 - South Palm Desert

Interior

Fireplace No

Exterior

Total Parking Spaces 300

Others

Tax ID 625112021

Special Listing Condition Standard

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Listed by Sam Rasmussen • Ocean Properties Development

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Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

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74199 El Paseo DR Palm Desert, CA 92260

Sean Beattie Jr.

Key Details

Location

Interior

Exterior

Others

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