Retail Business for Sale in Rancho Mirage, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Rancho Mirage, CA 92270

Description

Property Highlights: Rare opportunity to lease 25,082 SF of retail at The River Shopping Center Ideally situated at the signalized intersection of Highway 111 and Bob Hope Drive, which generates the most traffic of any intersection in the Coachella Valley averaging over 67,500 cars per day. The River at Rancho Mirage attracts an estimated 3.1M visitors annually with its prime location in the heart of Rancho Mirage's retail core and within minutes from most parts of the Coachella Valley. Anchors include a 15-screen stadium-style Century Theatre cinema and seven (7) full-serve restaurants including Cheesecake Factory, P.F. Chang's, and Yard House. There are over 1,900 hotel rooms nearby including the Ritz Carlton, Westin Mission Hills and Marriott Rancho Las Palmas. The River is directly adjacent to three hotel properties with over 640 hotel rooms, providing a significant source of foot traffic. The River hosts the largest Tesla Supercharging station in the Coachella Valley (charging up to 24 cars at a time) with the addition of our solar carport covered parking area.

Market Context

This retail in Rancho Mirage, CA is listed for sale. It has been on the market for 148 days. Compare it against other retail listings for sale in Rancho Mirage, CA — <a href="/search/sale/retail/california/rancho-mirage">view the full market</a>.

Unified Estimate

Medium Confidence

$17.20/SF – $23.28/SF

Mid: $20.24/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

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