Gated Complex & Storage Yard | Development Opportunity | For Sale or Lease
Market Price
36630 Sunair Plaza, Cathedral City, CA 92234
3,300 sqft
Building Size
2.15 acres
Lot Area
Details:
Highlights:
- Downtown Cathedral City redevelopment or outdoor storage opportunity
- Two parcels available for sale and lease together or Individually
- Flexible BMP-2 zoning allowing various retail and industrial uses including outdoor storage, vehicle service & sales, manufacturing/storage, car washes, fast-food, and bars/lounges
- Large gated complex with secure parking/storage and room for additional development
- Three points of ingress / egress on Sunair Plz and potential access to Cathedral Canyon Dr
- Adjacent to the signalized intersection of East Palm Canyon Road and Cathedral Canyon Road road with ±46,490 VPD
- Ideal zoning with wide variety of allowable uses including various “Vice” industries
- Surrounded by new development including entertainment venues, community gathering places, and tourist destinations
- Located in an opportunity zone with potential tax incentives for redevelopment
Description:
Graystone Capital Advisors is pleased to offer a rare opportunity for purchase or lease at 36630 Sunair Plaza, located in the heart of Cathedral City, CA. This offering includes a former recycling facility featuring a ±3,300-square-foot main building and a ±2,650-square-foot storage building with grade level doors. With three access points to Sunair Plaza and potential access along Cathedral Canyon Drive, this ±2.15-acre gated complex (across two parcels) provides ample space for outdoor storage or future redevelopment. The two parcels can be purchased or leased individually or as a portfolio.
Zoned CBP-2 (Commercial Business Park), the property is well-suited for a variety of commercial and industrial uses. This zoning classification permits uses including automobile repair shops, parcel delivery services, wholesale businesses, storage buildings, light manufacturing and assembly. Additionally, it allows for many more attractive uses with a CUP including any use involving outdoor activity or storage, automobile body and collision shops, automobile service stations, self-service and full service car washes, recycling centers and collection facilities, mini-warehouses, manufacturing sites, cocktail lounges or bars, vehicle rental and used vehicle sales, and fast-food restaurants with driv thrus.
The property enjoys a strategic location near the signalized intersection of East Palm Canyon Road and Cathedral Canyon Road, with exposure to ±46,490 vehicles per day (VPD). Nearby points of interest include the Coachella Valley Repertory, Cathedral City Community Amphitheater, Agua Caliente Casino, and Welk Resorts Palm Springs - Desert Oasis. Additionally, the site benefits from proximity to major national and regional tenants such as Enterprise Rent-A-Car, Mike Thompson’s RV Super + Store, Quick Quack Car Wash, Taco Bell, Circle K, NAPA Auto Parts, and Crystal Chrysler Dodge Jeep Ram.
With its versatile zoning, prime location, and strong market fundamentals, this property presents significant upside potential for owner-users and developers looking to leverage Cathedral City’s continued growth and redevelopment momentum.
Coachella Valley, strategically positioned along the vital I-10 corridor—a major logistics route to the East Coast—is an ideal location for industrial operations. The region boasts 18.1 million square feet of industrial space, with 9.9 million square feet dedicated to logistics, underscoring its role as a key hub for distribution and warehousing. Additionally, 6.2 million square feet of specialized industrial space, primarily focused on manufacturing, highlights the valley’s versatility and appeal for a broad range of industrial users. The area’s industrial properties are centered around the renowned resort cities of Palm Springs and Palm Desert, offering a unique blend of business opportunities and lifestyle appeal.
While asking rents for industrial space in the broader Inland Empire have slightly decreased from peak levels, the Coachella Valley remains competitive, with long-term rent growth projected to continue. The region’s high demand, limited supply, and significant barriers to new development make it an attractive location for industrial tenants, particularly as the market stabilizes and expands.
Located between Palm Springs and Rancho Mirage, Cathedral City—fondly known as “Cat City”—is a thriving desert resort community and one of the largest cities in the Coachella Valley with a population of 55,000. Cathedral City’s central location, combined with its appeal as a year-round destination for visitors and residents alike, makes it a prime location for businesses seeking a vibrant and growing market. The city offers excellent access to major thoroughfares and freeways, allowing for efficient transportation and connectivity.
Documents:
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Offering Memorandum
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