Rancho Mirage Single-Tenant Retail Education Center
$9,499,000
34275 Monterey Ave, Rancho Mirage, CA 92270
45,586 sqft
Building Size
3.5 acres
Lot Area
Details:
Highlights:
- Large-formal retail space in a power center - “Monterey Marketplace”
- Traffic exposure: 66,000+ VPD
- Approved for education-use
- $711,000 in Recent Capital Improvements (Roof & HVAC)
Description:
Outstanding retail/education investment in one of the most affluent cities in the Coachella Valley. This single-tenant building is zoned C-C, uniquely approved for education use and is currently occupied by San Joaquin Valley College, an accredited trade school. SJVC is a strong regional tenant with 15 campuses in California. The lease structure is NNN+CAM, with roof and structure as landlord responsibilities. The recent upgrades, including a new HVAC system valued at $595,000 installed in 2022, and roof reconditioning completed in December 2025 with a 10-year warranty, further enhance the property's allure. Don't miss out on this turnkey retail gem.
Located in the Monterey Marketplace power center next to Home Depot, across from Costco and Walmart with proximity to Disney Cotino and surrounded by high-traffic retail anchors.
Documents:
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| 34275_Monterey_OM.pdf |
Location
Gallery
