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On LoopNet & CoStar
850 N Palm Canyon Dr, Palm Springs For Lease
Retail / Creative Office
850 N Palm Canyon Dr
Palm Springs, CA 92262
±3,200
Sq Ft
NNN
Lease Type
Palm Canyon
Corridor
Immediate
Availability

Former Arthur Elrod studio. A rare creative/retail opportunity on Palm Springs' primary commercial corridor — high visibility, architecturally significant, ideal for a flagship brand or design-forward tenant.

Villa Mykonos Resort, Cathedral City For Sale
Hospitality / Investment
67590 Jones Rd
Cathedral City, CA 92234
$3.89M
List Price
8.86%
Cap Rate
1031
Exchange Ready
Hospitality
Asset Type

Villa Mykonos Resort — a fully operating boutique hospitality asset with an 8.86% cap rate. Ideal for 1031 exchange buyers seeking stabilized desert income with significant upside.

First Look

⬡ Off Market · Not on LoopNet
Exclusive

These deals are not publicly listed. They exist because of direct owner relationships, Windermere network intelligence, and Coachella Valley market knowledge built since 2018. First Look deals go to qualified buyers before anyone else knows they exist.

Confidential Principals only. Full details shared under implied NDA.
EP 73750 EL PASEO PHOTO COMING SOON
For Sale ⬡ First Look
Multi-Tenant Retail · Off Market
73750 El Paseo
Palm Desert, CA 92260
$3,000,000
Ask Price
~5.9%
Cap Rate
5,604 SF
5 Units
$18,550
Gross/Mo

Fully occupied 5-unit retail on El Paseo. Three long-term tenants. Two leases at renewal — immediate income upside. Not on LoopNet. Full memo below.

SW 1488 N. PALM CANYON UNDER CONSTRUCTION · PHOTO COMING SOON
For Sale · NNN ⬡ First Look
NNN · Fortune 200 · New Construction
1488 N. Palm Canyon Dr
Palm Springs, CA 92262
$4,200,000
Ask Price
5.0%
Cap Rate
$210,000
Net/Year
10 + 5×5
Yr Lease

Brand-new NNN — Sherwin-Williams corporate. Tenant pays all expenses. 20-yr transferrable roof warranty. Delivery end of June. Cleanest 1031 asset in the valley. Full memo below.

First Look / 001
Multi-Tenant Retail · Income Property

73750 El Paseo
Palm Desert

Palm Desert, CA 92260 · El Paseo Corridor
Ask Price$3,000,000
Total Sq Ft5,604 sq ft · 5 units
Year Built2010
Gross Monthly Income$18,550/mo
Annual Expenses~$44,000
Net Annual Income~$176,000
Cap Rate~5.9%
Listed PubliclyOff Market
Request the Full Memo
The Opportunity

A fully occupied, 5-unit retail building on El Paseo — Palm Desert's premier retail corridor — with three established tenants, stable income, and immediate upside on two lease renewals. Built in 2010 with separate AC units, electrical meters, and restrooms per suite, the building can be operated as one asset or divided into five independent units.

Current rent roll: $18,550/month gross. Annual expenses run approximately $44,000 (including $34K property tax), yielding roughly $176,000 net annually — a ~5.9% cap rate on the ask. That's before the rent increases already in motion on two of three tenancies.

Tenant Breakdown & Upside
Robanne's Jewellers (Suites 103 & 105 · 2,068 sq ft) — paying $6,200/mo, lease expires June 2026, renewal likely at $7,500/mo. In place since 2018. Wants to stay.
Earth Spirits (Suite 102 · 1,338 sq ft) — paying $4,350/mo month-to-month since 2011. Wants to stay and knows a long-term lease means a rate increase. Immediate upside on new lease terms.
Libation Bar (Suites 101 & 104 · 2,198 sq ft) — paying $8,000/mo NNN, 1-year option remaining through June 2027. Stable anchor tenant.
At renewal rates, gross rent climbs to ~$21,000+/month — with no vacancy risk and no new leasing required.

Full rent roll, expense schedule, and lease abstracts available to qualified buyers. Not listed publicly — contact us to proceed.

First Look / 002
NNN · Fortune 200 Tenant · New Construction

Sherwin-Williams
N. Palm Canyon Drive

1488 N. Palm Canyon Drive, Palm Springs, CA
Ask Price$4,200,000
Building Size4,012 sq ft · 0.38 acres
Parking14 spaces
Net Annual Income$210,000/yr
Cap Rate5.0%
Lease Term10 yr + (5) 5-yr options
Lease TypeNN — Tenant pays all ops
DeliveryEnd of June 2025
Request the Full Memo
The Opportunity

This is as close to mailbox money as commercial real estate gets. A brand-new building leased to The Sherwin-Williams Company — a Fortune 200 corporate tenant doing more than $23B in annual revenue. Not a franchise. 100% corporate-guaranteed lease.

$210,000 per year, net. The tenant handles all repairs, maintenance, HVAC replacement, utilities, taxes, and insurance. The landlord is responsible only for the roof — covered by a 20-year transferrable warranty — the structure, and parking lot repairs. This is as passive as income real estate gets.

With a 10-year initial term and five 5-year renewal options, a buyer today is locking in a corporate-backed income stream for potentially 35 years. New construction on Palm Canyon Drive — Palm Springs' primary commercial corridor. Delivery end of June.

Why This Works for a 1031 Buyer
Zero management burden — corporate tenant handles everything except roof and structure.
Fortune 200 credit. Sherwin-Williams is not a franchise — it is the company. Incomparable to a local or regional tenant on credit risk.
20-year transferrable roof warranty passes to new owner at closing — no capital exposure for two decades.
New construction — no deferred maintenance, no surprises, no repairs needed for years post-delivery.
5.0% cap on Palm Canyon Drive is well-supported by market. Clean 1031 exchange vehicle — qualifies, closes fast, income from day one.

Lease abstract, site plan, and full financials available to qualified buyers. Ideal 1031 exchange replacement property — contact us to move quickly.

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