Prime Restaurant Space for Immediate Lease
1700 Camino Real, Palm Springs, CA 92264
Centre Urban Properties is currently offering for immediate lease approximately, 4,200 square feet of prime restaurant space in South Palm Springs. The establishment's interior can seat over 60 people in the dining room and features a fully built out kitchen and in-place grease trap. The space also features a 1,200 square foot private patio that can fit approximately 40 people. The property is located across from the renovated $35 million Ace Hotel and beside the award winning Koffi and Oceo homes. Amidst a local population of over 45,000 and within walking distance of over 1,000 hotel rooms, the restaurant’s location is utterly prime. The strikingly pristine Mid-Century Modern architecture has awesome desert mountain views and produces high visibility from East Palm Canyon Drive and Camino Real.
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Prime Space Available
‣ Approx. 4,200 sf not including magnificent large patio (over 1,200 sf) ‣ Expansive views of San Jacinto mountains ‣ Fully built-out restaurant ‣ Grease pit in place ‣ Ample parking at Building ‣ Large secure-private office-storage 500 sf ‣ Large private outdoor storage patio First Class Building ‣ Share building with hugely popular KOFFI PALM SPRINGS ‣ Low Property Taxes (Developer owned) ‣ Part of successful Oceo Palm Springs mixed- used project with 34 homes ‣ Exceptional mid-century architectural building ‣ Incredible views of the mountains from large patio area |
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Market Overview
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About the Area
‣ Prime Palm Springs location ‣ More than 1,000 hotel rooms within walking distance ‣ Greatest number of houses in 3-mile radius in Palm Springs Outstanding Location ‣ Next to Ace Hotel ‣ Located at BUZZ shuttle (free shuttle throughout PALM SPRINGS key areas) ‣ Prime corner building ‣ Over 16,000 cars per day traffic count on East Palm Canyon at building ‣ 10 minutes to Palm Springs Airport 3-Mile and Local Demographics ‣ Over 16,000 Population with nearly 39,000 in 5-miles ‣ Ave. Household income over $79,000 (nearly 83,000 in 1-Mile) ‣ Population Growth over 10% since 2010 and continuing at about 7% ‣ Median Household Age 61 |
