Properties
Palm Springs, CA 92262 401 E Tahquitz Canyon Way
$2,500,000
Pending
Presented By: Larry Strong with Larry Strong Commercial Real E;
SQFT • 22,659
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
Total Stories2
Other Rooms
Entry Level1
General for 401 E Tahquitz Canyon Way
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Building FeaturesElevator(s)
Building NameNOIA Building
Cap Rate8.9
CityPalm Springs
CoolingCentral Air
CountyRiverside
DirectionsCross Streets: N Palm Canyon Drive
Listing TermsCash, Cash to New Loan
Lot Size Square Feet62726
Lot Size UnitsSquare Feet
MLS Area332 - Central Palm Springs
Net Operating Income222779
Occupancy TypeTenant
Operating Expense217561
PostalCityPALM SPRINGS
Property Sub Type AdditionalRetail
Property SubtypeRetail
Property TypeCommercial Sale
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Year Built1985
Year Built SourceAssessor
Exterior for 401 E Tahquitz Canyon Way
Building Area Total22659
Lot FeaturesLot Over 40000 Sqft, Street Level, Walkstreet
Lot Size Acres1.44
Lot Size Area62726
Lot Size SourceAssessor
Number of Buildings1
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
