For Sale
Retail

The Liebling Building

$15,500,000

100 North Palm Canyon Drive Palm Springs, CA 92262

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About this listing

DESCRIPTION

Currently Single Story Retail with Substantial Annual Income Prime Palm Canyon Location with Exceptional Visibility Incredible Development Upside for Hotel/Condo Above Retail/Restaurant Trophy Hard Corner at Two of the Most Active Intersections Immediate Proximity to Entertainment, Hospitality, Retail, Dining, Casino, and Barhopping All Leases Have 7-month Landlord Termination/Redevelopment Clauses

  • Cap Rate

    6.3%

  • NOI

    $977,001

  • Building Size

    24,014 sqft

  • Lot Area

    51,400 sqft

  • Year Built

    1957

  • Zoning

    CBD


Details

  • • Average Occupancy Rate: 88.0
  • • Lot Size: 1-2 Acres
  • • Age: Over 50 Years Old

Map





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