Shopping Strip
31033 Date Palm Dr
31033 Date Palm Dr, Cathedral City, CA 92234
Listing Price: $10,500,000
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 31033 Date Palm Dr, a multi-tenant retail investment opportunity located in the highly desirable 92234 zip code of Cathedral City.
31033 Date Palm Dr
Investment Highlights
- Approximately 888 parking spaces (±7.55 spaces per 1,000 SF) support high-traffic retail, medical, or institutional users and make the site attractive for destination uses.
- Originally built in 1992 and renovated in 2007, the asset benefits from more modern construction standards versus older competitive product, reducing near-term capital exposure.
- The single-story configuration with five exterior loading docks allows seamless adaptation for warehouse, last-mile distribution, or back-of-house intensive users.
- Located at the signalized intersection of Date Palm Drive and McCallum Way— experiencing approximately 22,000 vehicles per day—the property offers ±533' of frontage on Date Palm Drive and ±425' on McCallum Way, providing superior access, dual-street visibility, strong traffic exposure, and outstanding branding potential through prominent monument signage.
- Big 5 anchors the center and draws strong traffic from nearby Golden Mile retailers. With nearly 82,000 annual visits, the store generates consistent daily activity that benefits all co-tenants, while its 2030 lease expiration provides long-term stability with future repositioning upside.
- Spirit Halloween—an established seasonal tenant—has committed to returning for the 2026 season, providing reliable recurring rental income, consistent annual foot traffic, and an additional layer of occupancy stability for investors.
Exclusively Listed By
Listing Price: $10,500,000
Investment Highlights
- Approximately 888 parking spaces (±7.55 spaces per 1,000 SF) support high-traffic retail, medical, or institutional users and make the site attractive for destination uses.
- Originally built in 1992 and renovated in 2007, the asset benefits from more modern construction standards versus older competitive product, reducing near-term capital exposure.
- The single-story configuration with five exterior loading docks allows seamless adaptation for warehouse, last-mile distribution, or back-of-house intensive users.
- Located at the signalized intersection of Date Palm Drive and McCallum Way— experiencing approximately 22,000 vehicles per day—the property offers ±533' of frontage on Date Palm Drive and ±425' on McCallum Way, providing superior access, dual-street visibility, strong traffic exposure, and outstanding branding potential through prominent monument signage.
- Big 5 anchors the center and draws strong traffic from nearby Golden Mile retailers. With nearly 82,000 annual visits, the store generates consistent daily activity that benefits all co-tenants, while its 2030 lease expiration provides long-term stability with future repositioning upside.
- Spirit Halloween—an established seasonal tenant—has committed to returning for the 2026 season, providing reliable recurring rental income, consistent annual foot traffic, and an additional layer of occupancy stability for investors.
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 31033 Date Palm Dr, a multi-tenant retail investment opportunity located in the highly desirable 92234 zip code of Cathedral City.
Exclusively Listed By
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