44700 - 44720 San Pablo Avenue | Palm Desert CA 92260

This property has a strong historical occupancy and is in close proximity to Highway 111 - the main thoroughfare of the Coachella Valley.  An $18M renovation was done by the City of Palm Desert to improve pedestrian traffic, which benefited the surrounding shopping, dining, and retail establishments. 

Value Add Retail acquired this property as a fully leased and stabilized asset with an opportunity to improve cash flows and create value by addressing physical, occupancy, management or other situational issues.

Purchased at $1,100,000 this property is now valued at $1,600,000 within the year.