5700 Indian Springs Road, Palm Springs, CA 92264 (MLS# 219155151)

5700 Indian Springs Road, Palm Springs, CA 92264

New Listing

$1,499,000

Property Type: Commercial Sale Square Footage: 10,126 Status: Active

Current Price: $1,499,000 List Date: 10/29/2026 Last Modified: 10/30/2026

Overview

Description

Excellent opportunity to acquire a 10,126 SF commercial building in Palm Springs, featuring durable block wall construction and a fenced yard. The property is occupied by a well-established tenant with an impressive 22-year tenancy, providing a history of occupancy and a current income stream. The existing lease has approximately 3 years remaining, offering an investor the opportunity to maintain the current tenancy while evaluating future lease-renewal potential. The property currently offers a reported 7.7% capitalization rate. The building is situated on leased land, with approximately 32 years remaining on the land lease. Located across the street from a new tribal gas station, the property benefits from proximity to a notable commercial development in the surrounding area. Please do not disturb tenant. Drive-by only. No direct contact with the tenant or property visits without prior authorization.

Listing Details MLS# 219155151

General Property Information

Approx SqFt: 10126
SqFt Source: Assessor
Year Built: 1976

Property Features

Sale Type: Standard Financing: Cash; New Listing Terms: Standard Sale Showing Access: Do Not Contact Occupant Owner Pays: Taxes Tenant Pays: A/C; Gas/Heat Asset Class: Industrial Road Surface Type: Asphalt Road Frontage Type: City Street Land Use: Industrial Exterior Construction: Stucco Heating: Forced Air Roofing: Flat Water: Water District Disclosures: Other

Listing Location and Property Info

APN: 009613382
Original List Price: 1499000
Property Sub-Type: Warehouse
Street #: 5700
Street Name: Indian Springs
Street Suffix: Road
County: Riverside
State: CA
Zip Code: 92264
Area: 334 - Palm Springs South End
Country: US

Status Change Info

Status Change Date: 2026-10-29

Expenses

Expense Year: 2025
Total Expenses: 34655.6

Income

Effective Gross: 150908.4

More Information

Business Info

Cap Rate: 7.75

Listing, Location and Property Info

Entry Date: 2026-10-29

Owner Pays

Taxes: Yes

Tenant Pays

A/C: Yes
Gas/Heat: Yes

Sale Type

Standard: Yes

Road Surface Type

Asphalt: Yes

Listing Terms

Standard Sale: Yes

Financing

Cash: Yes
New: Yes

Showing Access

Do Not Contact Occupant: Yes

Asset Class

Industrial: Yes

Road Frontage Type

City Street: Yes

Disclosures

Other: Yes

Land Use

Industrial: Yes

Exterior Construction

Stucco: Yes

Heating

Forced Air: Yes

Roofing

Flat: Yes

Water

Water District: Yes

Listing Office: Rennie Group

Listing Agent: Ryan Pylypow

Last Updated: October - 30 - 2026

Information deemed reliable but not guaranteed.