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Office Warehouse

74817 Joni Dr

74817 Joni Dr, Palm Desert, CA 92260

Listing Price: $2,000,000

Cap Rate
3.13%
Gross SF
12,000
Price/Gross SF
$166.67
Lot Size
0.56 acres
Year Built
1979
Rentable SF
12,000

Investment Overview

Marcus and Millichap REIS is pleased to present 74817 Joni Drive, a 12,000 sq. ft.
multi-tenant masonry industrial building located on 24,341 square feet of land
area.
The building is currently 100% with automotive repair and light manufacturing
businesses. Two of the tenants existing leases are terminating in 2024 and the
third is terminating as of March 31, 2026, all with no further rights to extend their
terms of occupancies.
The property shares a common entrance and parking lot with 74805 Joni Drive but
is not part of this offering.
The property is located just off Cook Street and minutes away f rom the Interstate
(10) and CA Route-111.
The Property is located in the heart of the Palm Desert Industrial District and
surrounded by popular resorts such as the JW Marriott Desert Springs Resort and Spa
and a variety of Golf Courses and Country Clubs.
North of the Property and just south of the Interstate (10) Freeway California State
University, San Bernardino Palm Desert and UC Riverside have major satellite campuses.

Investment Highlights

  • A 12, 000 sq. ft. multi-tenant masonry industrial building located on 24,341 square feet of land area
  • The property includes 5 drive-in roll-up doors and 20 surface parking spaces
  • Owner/User and/or Major Re-Tenanting Opportunity

Exclusively Listed By

Financing By

Office Warehouse

74817 Joni Dr

Listing Price: $2,000,000

Cap Rate
3.13%
Gross SF
12,000
Price/Gross SF
$166.67
Lot Size
0.56 acres
Year Built
1979
Rentable SF
12,000

Investment Highlights

  • A 12, 000 sq. ft. multi-tenant masonry industrial building located on 24,341 square feet of land area
  • The property includes 5 drive-in roll-up doors and 20 surface parking spaces
  • Owner/User and/or Major Re-Tenanting Opportunity

Investment Overview

Marcus and Millichap REIS is pleased to present 74817 Joni Drive, a 12,000 sq. ft. multi-tenant masonry industrial building located on 24,341 square feet of land area. The building is currently 100% with automotive repair and light manufacturing businesses. Two of the tenants existing leases are terminating in 2024 and the third is terminating as of March 31, 2026, all with no further rights to extend their terms of occupancies. The property shares a common entrance and parking lot with 74805 Joni Drive but is not part of this offering. The property is located just off Cook Street and minutes away f rom the Interstate (10) and CA Route-111. The Property is located in the heart of the Palm Desert Industrial District and surrounded by popular resorts such as the JW Marriott Desert Springs Resort and Spa and a variety of Golf Courses and Country Clubs. North of the Property and just south of the Interstate (10) Freeway California State University, San Bernardino Palm Desert and UC Riverside have major satellite campuses.

Exclusively Listed By

Financing By

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