Building Details:
• Year Built: 1988
43875 Washington St is located in Palm Desert, CA.
Value added investment property opportunity and priced to sell. This bank owned beautifully designed Class “B” multi-tenant Office Building is located just north of the corner of Washington St. and Fred Waring Dr. in Palm Desert. The property is approximately 1.2 acres with two single-story buildings totaling 15,158 SF with 14,758 rentable SF divided into seven suites. Currently four suites are leased there is a lease pending on one suite and two vacant suites. This property sold in 2007 for $2,365,000 ($236/sf) and is now low listed at only $1,350,000 ($89.06/sf) priced way below replacement cost!
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- Garey Teeters, agent and Rofo Pro