Overview

Description

Graystone Capital Advisors is pleased to exclusively present the opportunity to purchase 72885 Ramon Rd in Thousand Palm, CA. This property consists of a 3,240 SF retail building situated on an approximately 0.69 AC lot. The former Rabo Bank building is zoned MU (Mixed-use) allowing for a variety of retail uses and potential for future multifamily development. The property enjoys excellent visibility at the corner of Ramon Rd and Arbol Real Ave, just off from the busy intersection of Ramon and Monterey – both of which feed directly into the I-10 Freeway (106,000 VPD). The property further benefits from direct access to a strong and growing population with 17,387 people with an average household income of $101,414 within a 3-mile radius –growing by an impressive 24.33% growth since 2010. Additionally, the property sits within a rapidly growing retail corridor and is surrounded by a variety of popular retailers including Agua Caliente Resort Casino, Costco, Sam’s Club, Walmart, Home Depot, In-n-Out, Chick-fi l-A, Del Taco, Starbucks ,Shell, Arco, Chevron, and many more.

Highlights

• High Visibility Corner Retail Opportunity with Pylon Signage
• Adjacent to the Busy Intersection of Ramon Rd and Monterey Ave
• Direct Access to the I-10 Freeway with and Impressive 106,000 VPD
• Large Fenced Lot with Ample Room for Additional Secure Storage &Parking
• Strong Demographic Fundamentals – 3-Mile: 17,387 People with Average Household Income of $101,414
• Rapidly Growing Retail Corridor Attracting Consumers from All Across the Coachella Vally
• Popular Destinations/Retailers in the Immediate Area include Agua Caliente Resort Casino, Tri-Palm Estates and Country Club, Costco, Sam’s Club, Walmart, Home Depot, In-n-Out, Chick-fi l-A, Del Taco, Starbucks, Shell, Arco, Chevron, and many more

Documents

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