Keegan Cin | Realtor® | License # DRE 01971604

Property

Palm Springs, CA 92262 401 E Tahquitz Canyon Way

Pending
Presented By: Larry Strong with Larry Strong Commercial Real E;
  • MLS# NP17030554
  • 02/14/2017
  • Request Tour
  • Request Info
  • SQFT • 22,659
  • Year Built • 1985

Home Details

NOIA Building/Cap Rate 8.9/ Seller Financing and Trades Accepted! The NOIA Building is anchored by Sherman's Deli & Bakery and it's occupants are a variety of businesses ranging from retail, services and real estate.There is ample on-site parking and the property has been completely remodeled and redecorated, and the exterior has recently been re-painted. Tenants have high speed internet as well as paid utilities (except phone). Management is included. Security available. The property is currently 100% occupied. In the heart of Palm Springs, the NOIA building is located one block from the new downtow City Center, the Spa Hotel & Casino as well as the Hard Rock Hotel and the Palm Springs Convention Center. This property is on leased land and there are 35 years left on the lease. Owner financing is available, trades accepted!
Presented By: Larry Strong with Larry Strong Commercial Real E;

Interior Features for 401 E Tahquitz Canyon Way

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories2

Other Rooms

Entry Level1

General for 401 E Tahquitz Canyon Way

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Building FeaturesElevators
Building NameNOIA Building
Cap Rate8.9
Carport Y/NNo
CityPalm Springs
CoolingCentralAir
CountyRiverside
DirectionsCross Streets: N Palm Canyon Drive
Electric On Property Y/NNo
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet62726.0
Lot Size UnitsSquareFeet
MLS Area332 - Central Palm Springs
MobileHomeRemainsYNNo
Net Operating Income222779.0
New ConstructionNo
Occupancy TypeTenant
Operating Expense217561.0
Property Attached Y/NNo
Property Sub Type AdditionalRetail
Property SubtypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Waterfront Y/NNo
Year Built1985
Year Built SourceAssessor

Exterior for 401 E Tahquitz Canyon Way

Building Area Total22659.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLotOver40000Sqft, StreetLevel, Walkstreet
Lot Size Acres1.44
Lot Size Area62726.0
Lot Size SourceAssessor
Number of Buildings1
Open Parking Y/NNo
Private PoolNo
SpaNo
Water SourcePublic

Additional Details

Price History

Justin Hughey

Price $2,500,000
MLS#NP17030554
List Date 02/14/2017
Property Type Pending
Request Tour
Request Info

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