73750 El Paseo in Palm Desert, CA is a prime retail investment opportunity located on a high-traffic corridor in the heart of the prestigious El Paseo shopping district. This 5,604-square-foot high-street retail asset, built in 2010, features 100% occupancy with surface parking and sits on 0.24 acres.

The property is positioned within one of the most affluent submarkets in Southern California, benefiting from strong consumer demand and consistent foot traffic, with a daily traffic count of over 14,000 vehicles. Priced at $3,000,000 ($535 per square foot), the asset delivers an in-place NOI of $179,268 and a cap rate of 5.98%, offering stable cash flow with established tenancy.

The property is well-maintained, with no recent renovation requirements, and provides investors immediate income with minimal operational risk. The lease structure supports predictable returns while aligning with the surrounding market rents. Located in a highly desirable retail corridor, the property offers excellent long-term appreciation potential, given the strong demographic and economic fundamentals of Palm Desert.