Overview

Description

3123 SF freestanding vacant retail building (former bank branch) prominently located at the entrance to Washington Square Shopping Center in Bermuda Dunes. Easy access, high traffic - high visibility, and strong demographics. Major building signage on 3 sides. Abundant customer parking. The Center is anchored by a Ralph’s, Home Goods, and Walgreens. Densely developed residential growth area with over 152,000 residents within a 5-mile radius. Average Household Income is over $103,690 annually. The site is located on busy Washington Street, midway between Interstate 10 FWY, and HWY 111. Ideally suited to serve the communities of Bermuda Dunes, Palm Desert and La Quinta.

The subject property is a former bank branch prominently located at the entrance to 146,907 sf Washington Square Shopping Center (built in 2000) which is anchored by Ralph’s, Home Goods, and Walgreens. The Center, on high traffic Washington Street, is midway between Interstate 10 FWY and Hwy 111. It is central to serving the communities of Bermuda Dunes, Palm Desert and La Quinta. This is a densely developed residential area with over 152,000 residents within a 5-mile radius (and growing).

Highlights

• 3123 sf freestanding vacant retail building (former bank branch)
• Prominent location at entrance to Washington Square, a community shopping center in Bermuda Dunes
• Easy access, abundant parking, and high visibility with major building signage on 3 sides
• Anchor tenants include Ralphs, Home Goods, and Walgreens
• Densely developed residential areas including Sun City Palm Desert, and Palm Desert Country Club.
• Strong demographics include over 152,000 residents withing a 5-mile radius
• Average Household income over $103,690 annually
• Located on high traffic Washington Street midway between Interstate 10 FWY, and Hwy 111.
• Ideally suited to serve the communities of Bermuda Dunes, Palm Desert and La Quinta
• Opportunity for adaptive re-use as food and beverage or high visibility retail use.

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