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Research and Development

1281 N Gene Autry Trail

1281 N Gene Autry Trail, Palm Springs, CA 92262

Listing Price: $5,500,000

Cap Rate
5.03%
Gross SF
33,000
Price/Gross SF
$166.67
Lot Size
0.76 acres
Year Built
1985
Rentable SF
33,000

Investment Overview

Marcus & Millichap is pleased to exclusively present 1281 Gene Autry Trail, a multi-tenant industrial showroom warehouse in Palm Springs, California. The Subject Property consists of approximately 33,000 SF of showroom and industrial space on 2.15 acres with frontage towards Gene Autry Trail. The Subject Property is located on an industrial business park adjacent to Palm Springs International Airport. The industrial building was constructed in 1985 and the lot was newly repaved with asphalt in 2021. The subject property is 100% occupied by 11 tenants with an average WALT of 2 (estimated). Tenants are on gross leases. The Inland Empire is one of the largest and fastest-growing logistics hubs in the United States due to its proximity to the southern California ports and its relatively affordable land. Nearly a third of all U.S. imports come through the two Los Angeles ports, and much of that cargo’s eventual destination is farther inland, making the metro’s rail and highway connections extremely valuable.

Investment Highlights

  • Value Add Industrial Opportunity to Convert Existing Gross Leases to NNN
  • 100% Occupancy
  • Strong Historical Occupancy
  • Newly Repaved Asphalt Lot (2021)
  • Flexibility to Utilize All or Portion of Space as User
  • Immediate Proximity to Palm Springs International Airport
  • Frontage on N Gene Autry Trail (20,000 VPD)
  • Convenient Location to Highway I-10

Exclusively Listed By

Financing By

Research and Development

1281 N Gene Autry Trail

Listing Price: $5,500,000

Cap Rate
5.03%
Gross SF
33,000
Price/Gross SF
$166.67
Lot Size
0.76 acres
Year Built
1985
Rentable SF
33,000

Investment Highlights

  • Value Add Industrial Opportunity to Convert Existing Gross Leases to NNN
  • 100% Occupancy
  • Strong Historical Occupancy
  • Newly Repaved Asphalt Lot (2021)
  • Flexibility to Utilize All or Portion of Space as User
  • Immediate Proximity to Palm Springs International Airport
  • Frontage on N Gene Autry Trail (20,000 VPD)
  • Convenient Location to Highway I-10

Investment Overview

Marcus & Millichap is pleased to exclusively present 1281 Gene Autry Trail, a multi-tenant industrial showroom warehouse in Palm Springs, California. The Subject Property consists of approximately 33,000 SF of showroom and industrial space on 2.15 acres with frontage towards Gene Autry Trail. The Subject Property is located on an industrial business park adjacent to Palm Springs International Airport. The industrial building was constructed in 1985 and the lot was newly repaved with asphalt in 2021. The subject property is 100% occupied by 11 tenants with an average WALT of 2 (estimated). Tenants are on gross leases. The Inland Empire is one of the largest and fastest-growing logistics hubs in the United States due to its proximity to the southern California ports and its relatively affordable land. Nearly a third of all U.S. imports come through the two Los Angeles ports, and much of that cargo’s eventual destination is farther inland, making the metro’s rail and highway connections extremely valuable.

Exclusively Listed By

Financing By

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