15
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$15,275
New
707 Palm Canyon DR Palm Springs, CA 92262
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.Danielle Espinoza-Rizzio
erdanielle@kw.comUPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Rent
MLS Listing ID 219155187PS
HOA Y/N No
Year Built 1962
Property Description
Extraordinary location! Take this rare opportunity to establish a new restaurant concept with only minor cosmetic improvements at one of Palm Springs' most popular dining addresses in the former home of TRIO. With approximately 4,700SF of space situated in the historic Turonnet Building designed by John Porter Clark and Albert Frey this restaurant space benefits from high-visibility corner frontage, attractive outdoor dining areas equipped with heaters, misting system and 38 shared parking spaces in the prominent Uptown Design District location offering. Restaurants, galleries, shops and hospitality destinations surround this established dining corridor with exceptional foot traffic. Existing on-site furniture, fixtures and equipment (FF&E) is included at no additional cost, making this a notable move-in ready opportunity. Asking rent is $15,275/month (approx $3.25/SF/month), proposed multi-year, modified net lease. Landlord responsibilities include HVAC maintenance/repair, sprinkler inspections, roof, exterior, structure/foundation, property taxes and landlord insurance. Tenant responsibilities include utilities, trash, interior walls, windows/doors, electrical, plumbing, grease trap, fire-extinguisher servicing and tenant insurance. Final terms subject to an executed lease.
Location
State CA
County Riverside
Area 332 - Central Palm Springs
Interior
Fireplace No
Building
Lot Description Corner Lot
Others
Tax ID 505283007
Listed by Luca Volpe Realty Trust #02037333
NEARBY SCHOOL & BUSINESS
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.Danielle Espinoza-Rizzio
Administrative Assistant