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The Desert Sun Building 750 N Gene Autry Trl

86,180 SF Flex Building Palm Springs, CA 92262 $14,174,700 CAD ($164 CAD/SF)

Investment Highlights

  • Flexible Industrial Warehouse/Commercial Professional Office Configuration on 8.95 acres
  • Expandable Warehouse/Commercial Office Ready to configure and operate.
  • Located central to Palm Springs Airport and access to Interstate 10 and Highway 111
  • Palm Springs is roughly an hour southeast of Los Angeles CA in the Coachella Valley.

Executive Summary

The Desert Sun Building - a stunning piece of Palm Springs History nestled adjacent to the Palm Springs Airport, Palm Springs Air Museum, Escena Golf Club, Highway 111 Truck route, Near the I-10 Freeway and major development opportunities. Industrial Warehouse with Mixed Office Commercial Space. Ample Parking on a large campus with possibility for expansion. Prime High Visibility Notable Palm Springs Building. This site is very flexible and has many possibilities. Medical Office/building, Showroom for Automotive, Furniture, Boat, RV, Motorsports, Shipping and Receiving, Museum, Manufacturing. Wide open warehouse with multiple docks and expandable dock capability. Adjacent to Airport and Airport Museum/Private Terminals and Hangers.
Building Tour
https://my.matterport.com/show/?m=DF1KEcYeASx

Attachments

Sales Flyer

Financial Summary (Pro forma - 2022)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $2,198,836 $25.51
Other Income - -
Vacancy Loss - -
Effective Gross Income $2,198,836 $25.51
Taxes $177,184 $2.06
Operating Expenses $510,289 $5.92
Total Expenses $687,473 $7.98
Net Operating Income $1,511,363 $17.54

Financial Summary (Pro forma - 2022)

Gross Rental Income (CAD)
Annual $2,198,836
Annual Per SF $25.51
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $2,198,836
Annual Per SF $25.51
Taxes (CAD)
Annual $177,184
Annual Per SF $2.06
Operating Expenses (CAD)
Annual $510,289
Annual Per SF $5.92
Total Expenses (CAD)
Annual $687,473
Annual Per SF $7.98
Net Operating Income (CAD)
Annual $1,511,363
Annual Per SF $17.54

Property Facts

Price $14,174,700 CAD
Price Per SF $164 CAD
Sale Type Investment or Owner User
Sale Conditions High Vacancy Property
Property Type Flex
Property Subtype
Showroom
  • General Retail Storefront Retail/Office
  • Industrial Warehouse
  • Office Medical
Building Class B
Lot Size 8.95 AC
Rentable Building Area 86,180 SF
No. Stories 2
Year Built 1989
Tenancy Single
Parking Ratio 2.51/1,000 SF
No. Dock-High Doors/Loading 10

Amenities

  • Conferencing Facility
  • Courtyard
  • Property Manager on Site
  • Security System
  • Skylights
  • Reception
  • Storage Space
  • Recessed Lighting
  • Monument Signage
  • Air Conditioning
  • Balcony

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Electric

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
677-260-056
Land Assessment
$3,386,006 CAD (2023)
Improvements Assessment
$10,452,452 CAD (2023)
Total Assessment
$13,838,458 CAD (2023)
Annual Taxes
$177,184 CAD ($2.06 CAD/SF)
Tax Year
2022

zoning

Zoning Code PD (Commercial/Industrial/Professional/Manufacturing Planned Development)
PD (Commercial/Industrial/Professional/Manufacturing Planned Development)
  • Listing ID: 26786283

  • Date on Market: 2022-10-05

  • Last Updated:

  • Address: 750 N Gene Autry Trl, Palm Springs, CA 92262

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