PALM SPRINGS INDUSTRIAL DEALS NOW
- $6,799,000
PALM SPRINGS INDUSTRIAL DEALS NOW
- $6,799,000
Description
INDUSTRIAL – WAREHOUSE – OPPORTUNITY – TAKE A LOOK – 100% LEASED – INVESTOR SPECIAL
Gene Autry Trail Business Center 3700 Tachevah Dr Springs, CA 92262 42,407 SF 100% Leased Industrial Building Palm 6.29% Cap Rate ($160.33/SF) $6,799,000 |
The Ultimate Industrial Value Play
Headline This isn’t just an investment; it’s a stabilized, high-yield legacy asset that just received a major price cut. Welcome to the Gene Autry Trail Business Center, a rare opportunity to acquire a well-maintained, 100% leased investment at a price that is, for a lack of a better term, a “fire sale.”
Why This Industrial Property is a Golden Opportunity
- The Unbeatable Value Play: This property is priced at an unheard-of $160 per square foot—well below the Palm Springs industrial market average of $263 per square foot. This isn’t just an entry point; it’s a definitive play that offers an immediate equity position. The 6.29% cap rate on a fully stabilized, long-term leased asset is the kind of return that will make your portfolio sing.
- The “Zero-Worry” Asset: This investment is a passive income dream. The facility is 100% leased with long-term tenants, including the coveted stability of a GSA lease. The property has been impeccably maintained by the original developer and includes a massive value-add: owned solar panels that significantly offset expenses, boosting your net operating income from day one.
- Location is the Ultimate Amenity: Designed by the renowned firm Ware Malcomb, the facility is strategically located directly adjacent to the Palm Springs International Airport, with seamless access to the I-10. This location attracts a consistent flow of drive-by traffic and provides tenants with the kind of logistical advantage that’s worth a premium.
- Turnkey & Future-Proof: This asset is built for longevity. The spaces are smaller and easy to lease, a feature that provides stability in a low-vacancy submarket and ensures your tenant roster remains full. This is a rare, first-time-on-the-market offering with a $1.2 million price reduction, signaling a definitive buy opportunity.
Investors: In a market where industrial assets are trading briskly, finding a professionally managed, fully leased property at this price is a rarity. The combination of a strong cap rate, a price well below replacement value, and a highly stable tenant roster makes this the kind of investment that will anchor your portfolio for decades.
✨ Bottom Line: This is your chance to acquire a best-in-class asset with today’s price and yesterday’s stability.
Links
City of Palm Springs Economic Growth
Argossy International Properties
Address
Open on Google Maps- Address: 3700 Tachevah Dr Springs, CA 92262
- City: Palm Springs
- State/county: CALIFORNIA
- Zip/Postal Code: 92262
- Area: Riverside County
Details
- Price $6,799,000