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Palm Desert, California

Commercial Real Estate in Palm Springs

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74-710 Highway 111, Suite 102
Palm Desert, CA 92260
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Phone: (909) 456-3400
Fax: (909) 456-3410

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In 1971, Marcus & Millichap was founded on a unique set of principles to maximize value for real estate investors and, in the process, revolutionized the brokerage industry.

John Vorsheck II

John Vorsheck II

Executive Managing Director, Chief Revenue Officer - Western Division
View Palm Springs agents & originators

The Palm Springs Office

The Palm Springs office of Marcus & Millichap provides tailored commercial real estate investment and advisory services throughout the Coachella Valley and Southern California. Palm Springs commercial real estate agents handle transactions involving multifamily, industrial, retail, hospitality, seniors housing, and other property types. Leveraging the strength of Marcus & Millichap’s 80+ offices and nearly 1,700 professionals, our team promotes real estate properties for sale through a powerful national network. Financing support is available through Marcus & Millichap Capital Corporation representatives.

CURRENT SOUTHERN CALIFORNIA LISTINGS

Your Property Search Starts Here

Finding the right investment opportunity is easy when choosing from the industry’s largest, most diverse collection of exclusive commercial real estate listings. Start your search now.

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Apartments

511 S Union Ave

Los Angeles, CA

Number of Units: 27

Cap Rate: 7.37%

Listing Price: $2,950,000

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Apartments

Casa Valencia

Long Beach, CA

Number of Units: 5

Cap Rate: 4.49%

Listing Price: $2,395,000

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Land

3.18 Acres (UC Zone) + Cell Tower

Ontario, CA

Lot Size: 3.18 acres

Listing Price: $675,000

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Manufactured Housing

Ocotillo Wells MH & RV Park

Borrego Springs, CA

Price/Space: $20,000

Cap Rate: 9.54%

Listing Price: $1,000,000

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Apartments

11747-53 Moorpark St

Los Angeles, CA

Number of Units: 8

Cap Rate: 5.01%

Listing Price: $2,895,000

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Retail

12640 Riverside Dr

Valley Village, CA

Price/Gross SF: $422.86

Listing Price: $7,400,000

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Apartments

383 W Wilson St

Costa Mesa, CA

Number of Units: 12

Cap Rate: 4.34%

Listing Price: $4,550,000

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Net Lease

Former Applebee's

Calexico, CA

Years Remaining On Lease: 0.1

Listing Price: $1,295,000

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Apartments

10814-10818 Blix Street

Los Angeles, CA

Number of Units: 18

Cap Rate: 6.30%

Listing Price: $4,295,000

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Apartments

111 W Del Amo Blvd

Long Beach, CA

Number of Units: 18

Cap Rate: 6.14%

Listing Price: $3,640,000

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Land

6901 Woodman Ave

Los Angeles, CA

Lot Size: 0.23 acres

Listing Price: $1,300,000

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Apartments

25901 Viana Ave

Lomita, CA

Number of Units: 10

Cap Rate: 4.95%

Listing Price: $3,200,000

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Net Lease

Bank of America

Rancho Cucamonga, CA

Years Remaining On Lease: 4.7

Cap Rate: 6.25%

Listing Price: $4,995,000

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Retail

2531 East Thompson Boulevard

Ventura, CA

Price/Gross SF: $227.27

Listing Price: $800,000

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Net Lease

CVS Coachella

Coachella, CA

Years Remaining On Lease: 7.7

Cap Rate: 7.50%

Listing Price: $5,000,000

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Properties

RECENT SOUTHERN CALIFORNIA RESEARCH

Essential Market Insights

Marcus & Millichap’s research services division is dedicated to providing our clients with cutting-edge market research and innovative insights. Browse our recent reports and videos focused on your areas of interest.

Research Video

Headwinds and Tailwinds Shape CRE Vacancy Trends

November 6, 2026

GDP

Research Brief

Gross Domestic Product

November 2026

US Money

Research Brief

Financial Markets

November 2026

Housing

Research Brief

Housing

November 2026

Research Video

The CRE Ripple Effects of Slowing Home Sales

October 30, 2026

Research Video

Do Macro Trends Tell the Real Story?

October 23, 2026

Economy

Research Brief

Inflation

October 2026

Economy

Research Brief

Retail Sales

October 2026

Research Video

Slowing Development Key to CRE Outlook

October 16, 2026

Research Video

Job Creation Downshift Reshapes CRE Outlook

October 9, 2026

Housing

Research Brief

Housing

October 2026

Employment

Research Brief

Employment

October 2026

Research Video

Despite Headwinds, Economy Remains Durable

October 2, 2026

Research Video

Strong Retail Sales Reinforce CRE Outlook

September 23, 2026

Economy

Research Brief

Retail Sales

September 2026

Keep Exploring

Research

RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

Stay informed with the news and events impacting your investment strategy.

2727 3rd Street

Press Releases

Marcus & Millichap Brokers $7.2M Sale of 22-Unit Multifamily Property in Santa Monica, California

Marcus & Millichap announced today the sale of 2727 3rd St., a 22-unit multifamily property in Santa Monica, California. The property sold for $7.2 million, or $327,273 per unit.

November 06, 2026

2026 Restaurant Finance & Development Conference
Industry Events

Restaurant Finance & Development Conference

Wynn Las Vegas, Las Vegas, NV
November 9 – November 11, 2026
Montbleau & Associates

Press Releases

Marcus & Millichap Arranges $10.2M Sale of Net-Leased Single-Tenant Office Property in San Diego

Marcus & Millichap announced today the sale of a 36,643-square-foot, net-leased property occupied by Montbleau & Associates at 555 Raven St. in San Diego, California.

November 05, 2026

LA Fitness Oakland Park

Press Releases

Marcus & Millichap Brokers Sale of Triple-Net-Leased LA Fitness in Oakland Park, Florida

Marcus & Millichap announced today the sale of LA Fitness, a 38,559-square-foot, triple-net-leased fitness center located at 3825 N. Federal Highway in Oakland Park, Florida.

November 05, 2026

First Watch - Waxahachie, TX

Press Releases

Marcus & Millichap Brokers $3.85M Sale of First Watch in Waxahachie, Texas

Marcus & Millichap announced today the sale of First Watch, a 3,952-square-foot restaurant property located at 1760 N. Highway 77 in Waxahachie, Texas.

November 03, 2026

Take 5 Oil Change

Press Releases

Marcus & Millichap Brokers $2.7M Sale of Net-Leased Take 5 Oil Change in Tucson, Arizona

Marcus & Millichap announced today the sale of Take 5 Oil Change, a 1,412-square-foot, net-leased automotive service property located at 3201 S. Park Ave. in Tucson, Arizona.

November 03, 2026

KinderCare Learning Center

Press Releases

Marcus & Millichap Arranges $6.97M Sale of Triple-Net-Leased KinderCare Learning Center in Round Rock, Texas

Marcus & Millichap announced today the sale of KinderCare Learning Center, a 12,327-square-foot, triple-net-leased childcare facility located at 1900 S. A.W. Grimes Blvd. in Round Rock, Texas.

November 03, 2026

939 and 884 Palm Ave

Press Releases

Marcus & Millichap Closes $29.85 Million Sale and Arranges Financing for Two Multifamily Assets in West Hollywood

Marcus & Millichap announced today the sale and financing of 884 and 939 Palm Avenue, two multifamily properties totaling 72 units in the West Hollywood neighborhood of Los Angeles, California.

November 02, 2026

AHF Live
Industry Events

AHF Live

Hyatt Regency Chicago, Chicago, IL
November 16 – November 18, 2026
Town Fair Tire

Press Releases

Marcus & Millichap Brokers $2.9M Sale of Triple-Net-Leased Town Fair Tire in Greenfield, Massachusetts

Marcus & Millichap announced today the sale of Town Fair Tire, a 14,261-square-foot, triple-net-leased automotive service property located at 10 Silver St. in Greenfield, Massachusetts.

October 27, 2026

Knott-Orange Apartments

Press Releases

Marcus & Millichap Arranges $9.65M Sale of 35-Unit Multifamily Property in Anaheim, California

Marcus & Millichap announced today the sale of Knott-Orange Apartments, a 35-unit multifamily property in Anaheim, California.

October 27, 2026

Starbucks

Press Releases

Marcus & Millichap Brokers $2.53M Sale of Starbucks in Middleburg Heights, Ohio

Marcus & Millichap announced today the sale of a 2,395-square-foot Starbucks property in Middleburg Heights, Ohio.

October 27, 2026

Chipotle - Gilbert, AZ

Press Releases

Marcus & Millichap Brokers $3.86M Sale of Triple-Net-Leased Chipotle in Gilbert, Arizona

Marcus & Millichap announced today the sale of Chipotle, a triple-net-leased restaurant property located at 4733 E. Germann Road in Gilbert, Arizona.

October 27, 2026

Echo Lake Apartments

Press Releases

Marcus & Millichap Arranges $7.35M Sale of 36-Unit Multifamily Property in Los Angeles

Marcus & Millichap announced today the sale of Echo Lake Apartments, a 36-unit multifamily property located at 1717-1725 Park Ave. in Los Angeles.

October 26, 2026

1805 Industrial Ct

Press Releases

Marcus & Millichap Brokers $6.64M Sale of Single-Tenant Industrial Facility in Belvidere, Illinois

Marcus & Millichap announced today the sale of 1805 Industrial Ct., a 111,000-square-foot industrial distribution facility in Belvidere, Illinois.

October 23, 2026

Keep Exploring

News & Events