74199 El Paseo Drive Palm Desert CA 92260 MLS #219124726DA

74199 El Paseo Drive
Palm Desert, CA, 92260
$29,430,000
Beds
0 Baths
SqFt
0 Acres
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Currently 87.3% leased, One El Paseo Plaza is a dynamic, Class A office/restaurant complex totaling 86,835 net rentable square feet. The Property consists of two two-story buildings and an adjacent restaurant pavilion that creates a high-image campus in a premier business setting with the highest quality in design, appeal and function. Features include modern architectural designs, striking granite lobbies and interior finishes, flexible floor plates, and abundant parking ratios of 3.5/1,000 square feet including highly-coveted assigned and covered parking. The Property’s institutional-quality construction and design combines with an amenity-rich location to create a sought-after, trophy project. One El Paseo Plaza provides an investor with the opportunity to assume two (2) existing loans on the property totaling $16,429,520 ($3,029,520 loan at 5.27% and $13,400,000 loan at 6.69%).

Property Details

Price:
$29,430,000
MLS #:
219124726DA
Status:
Active
Baths:
0
Type:
Commercial
Listed Date:
Feb 14, 2025
Year Built:
2001
One El Paseo Plaza

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Market Summary

Current real estate data for Commercial in Palm Desert as of May 13, 2025
10
Commercial Listed
161
Avg DOM
$4,894,565
Avg List Price

Property Summary

    74199 El Paseo Drive Palm Desert CA is a Commercial for sale in Palm Desert, CA, 92260. It is listed for $29,430,000

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