Las Sombras Village

5,250,000
Palm Desert, CA
This listing is no longer available.
This listing is currently in escrow.

At-A-Glance

Sold: November 2023

Represented: Seller

Property Type: Multi-Tenant Retail Shopping Center

Opportunity

100% Leased Retail Shopping Center Ideally Located along Highway 111 in Palm Desert / El Paseo Shopping District

Highlights

- 100% leased retail center in the heart of Palm Desert / El Paseo Shopping District

- Ideally located streetfront retail on major thoroughfare throughout the entire Coachella Valley - CA Hwy 111 (43,250 VPD)

- Daily Needs Center located in retail epicenter in the heart of the Coachella Valley with an outstanding variety of boutiques, thrift stores and major retailers

- Located in the Hub of shopping, dining, entertainment in the Heart of Palm Desert - Highway 111 is home to many of Palm Desert’s major retailers. Here, you’ll find familiar names like Target, Saks Off Fifth, Bed Bath and Beyond, Marshall’s, TJ Maxx, Nordstrom Rack and more. Another popular thoroughfare for shopaholics? Monterey Avenue, which is sprinkled with both shopping plazas and major retailers like Walmart, Sam’s Club and Lowe’s.

- Affluent / Country Club Location - located against the backdrop of the San Jacinto Mountains with over 150 golf courses thorughout Coachella Valley and where home prices span from $1M to $40M

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