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Vanmar Executive Suites 77711 Flora Rd
20,514 SF 99% Leased Industrial Building Palm Desert, CA 92211 $9,664,198 CAD ($471 CAD/SF)
Investment 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.
- Two-story, professional work environment constructed in 2010 with five drive-in doors, secure building entry, expansive windows, and ample parking.
- Centrally located in the mid-valley off I-10 and Washington Street, creating superior highway connectivity to bustling cities in the Southwest.
- Close to a plethora of retailers, including EOS Fitness, UPS Store, Starbucks, Stater Bros. Markets, Desert Beer Company, Walgreens, and Goody’s Cafe.
Executive Summary
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.
Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $9,664,198 CAD | Rentable Building Area | 20,514 SF |
| Price Per SF | $471 CAD | No. Stories | 2 |
| Sale Type | Investment | Year Built | 2010 |
| Property Type | Industrial | Parking Ratio | 4/1,000 SF |
| Property Subtype | Manufacturing | No. Drive In / Grade-Level Doors | 5 |
| Building Class | B | Cross Streets | Las Montanas |
| Lot Size | 1.04 AC |
| Price | $9,664,198 CAD |
| Price Per SF | $471 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 1.04 AC |
| Rentable Building Area | 20,514 SF |
| No. Stories | 2 |
| Year Built | 2010 |
| Parking Ratio | 4/1,000 SF |
| No. Drive In / Grade-Level Doors | 5 |
| Cross Streets | Las Montanas |
Amenities
- Air Conditioning
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
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Dr. Jeff Walker is a Licensed Clinical Psychologist specializing in individual therapy treating issues unique to men. He maintains a private practice in Rancho Mirage, California (in the Palm Springs area of Southern California). With over 30 years of experience as a Clinical Psychologist and Pastoral Counselor, Dr. Walker has earned doctoral degrees in Theology and Clinical Psychology. Dr. Jeff Walker specializes in Christian Counseling, Depression, Anxiety, Stress Management, Anger Management, Sex Addiction, Mid-Life Crisis, Self Esteem, Emotional Intelligence, and Marital Conflict in and around the Rancho Mirage, Palm Springs, Palm Desert, Cathedral City, Indio, and Indian Wells, CA areas.
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Family Law Lawyer Juliene Lee Ash is dedicated to helping clients find creative, cost-effective solutions in a wide range of family law and divorce-related matters.
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Founded in 2004, the Law Offices of H. William Edgar has been solely committed to family law for more than a decade. Their team understands that family law is one of the most traumatic and costly areas of law for many clients, both emotionally and financially. They have always recognized this, which is why their legal team is wholly committed to providing an efficient process to their clients that gets results.
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Master Tech Mechanical was started in 1993 by Glenn and Lisa Martin. Their goal has always been to provide fast quality repairs, installations, and maintenance to their home and business clients with a quality product, professional and trustworthy service and a promise of guaranteed workmanship and warranty Above All Standards! After working for someone else for 20+ years, Glenn Martin decided to establish his own company and way of doing business. Like most start-up companies, it was tough at the start, but he managed to grow the business over the years. Today they are still a family owned and operated company, providing fast quality repairs, service and installations on most makes and model appliances & equipment. Now Glenn & Lisa and their sons Mike and Craig are working together to make every customer they service happy they chose Master Tech Mechanical!
- Prime Properties of the Desert
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Even when the case is difficult, high profile or unusual, the Santa Monica, California law firm of Randolph & Associates welcomes the opportunity to fight for every client. The lawyers at Randolph & Associates represent clients in southern California including Los Angeles, San Bernardino, Riverside, and Orange counties. No matter what the charges or circumstances, the law firm approaches each case aggressively, doing its own investigation and getting the whole story, listening to clients and interviewing witnesses. As a relatively small firm, each client has the personal attention of the lawyers involved. Randolph & Associates is a law firm with a sense of urgency. Whether someone have been injured, charged with a crime, or are involved in a lawsuit, they understand how high the stakes are. Trust in their experience for reliable advice and effective representation that people can count on to protect their future.
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Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Suite 208 is an executive suite that is unfurnished with a window that provides natural light.
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 208 | 126 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 208
| Size |
| 126 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 208
| Size | 126 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Suite 208 is an executive suite that is unfurnished with a window that provides natural light.
About Coachella Valley
Strong historical rent growth and high occupancy rates attract investors to industrial assets in the Coachella Valley. Private investment companies dominate sales activity, while owner-users, institutional investors, and REITs also invest in the area on occasion.
Tenant demand for distribution space remains strong and stems from local agriculture producers. Businesses in Coachella Valley can transport goods to and from the ports of Southern California in a few hours and reach most cities across the Southwest within a day’s drive. Local serving businesses and small manufacturing companies are attracted to the area's lifestyle, business-friendly environment, and access to nearby coastal markets. While land is available for development, construction activity has been limited in recent years.
DEMOGRAPHICS
Regional Accessibility
Nearby Amenities
Restaurants |
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|---|---|---|---|
| La Quinta Brewing Co | American | $ | 8 min walk |
| The Brown Bag Sandwich Shoppe | Sandwiches | $ | 10 min walk |
| Del Taco | - | - | 14 min walk |
| Chipotle Mexican Grill | - | - | 16 min walk |
Retail |
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|---|---|---|
| SiteOne Landscape Supply | Other Retail | 8 min walk |
| Vista Paint | Paint/Wallpaper | 8 min walk |
| IBP | Home Improvement | 11 min walk |
| Postalannex | Business/Copy/Postal Services | 15 min walk |
| Health Mart Pharmacy | Drug Store | 16 min walk |
| Sherwin-Williams | Paint/Wallpaper | 16 min walk |
| Walgreens | Drug Store | 17 min walk |
Hotels |
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|---|---|
| Holiday Inn Express |
96 rooms
9 min drive
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| Homewood Suites by Hilton |
128 rooms
9 min drive
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| Courtyard |
151 rooms
9 min drive
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PROPERTY TAXES
| Parcel Number | 626-420-026 | Improvements Assessment | $1,694,604 CAD |
| Land Assessment | $667,820 CAD | Total Assessment | $2,362,424 CAD |
PROPERTY TAXES
zoning
| Zoning Code | M-SC (manufacturing-service commercial) |
| M-SC (manufacturing-service commercial) |
Sale Advisors
Sale Advisors
Carlos Martinez, Chief Executive Officer
Carlos enjoys the challenges of structuring a tough file to give his clients the best financing options to make their dreams a reality. He also believes in open, direct communication to proactively prepare his clients for success. This belief is the foundation of Vanmar Lending.
Although lending may be stressful and involves a lot of mutual trust and strong communication, Carlos believes financing a home is one of the most important financial decisions a person can make and would be honored to be a lifelong resource for financing.
Bridgett Domingo, Executive Admin
Bridgett is a die-hard Raider football fan and enjoys spending her free time with her three daughters. She loves going to concerts, sporting events, and traveling but her ideal day is relaxing poolside with lots of sun and fun!
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Carlos Martinez -
Bridgett Domingo - Vanmar Properties
Presented by
Vanmar Properties
Vanmar Executive Suites | 77711 Flora Rd
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