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RANCHO MIRAGE, CA
RANCHO MIRAGE LAND
DINAH SHORE D
R.
FOR MOREINFORMATION
WILLIAM BAUMANVice Chairman213-298-3593
[email protected] #00969493
BRIAN M. TRACYPresident
License #01346668
700 S. Flower St.Suite 2500
Los Angeles, CA 90017www.nkfsocalretail.com
74998 Country Club Dr.Suite 220-345
Palm Desert, CA 92260MONTEREY AVE.
RANCHO MIRAGE LANDPROPERTY OVERVIEW
HIGHLIGHTS
• Best remaining undeveloped property on the Monterey Avenue corridor
• 34.75 acre site with favorable zoning allowing for a variety of commercial
uses
• The site is located in the heart of one of the regions primary commercial
corridors
• Retailers at this intersection include Costco, Home Depot, Sam’s Club,
Wal-Mart, Kohl’s, Ashley Furniture and PetsMart
• Tremendous identity with over 1000 feet of frontage along Monterey
Avenue
• Strong demographic characteristics in the surrounding area
• Regionally accessible via the San Bernardino (10) freeway with major on/
off ramps one block north of the property.
• The property is subdivided into four (4) parcels for maximum flexibility
PROPERTY INFORMATION
APN
685-090-02, 03, 05, 06, 07
Asking Price
$9,819,000
Size
34.75 ACRES
Zoning
CC (COMMUNITY COMMERCIAL)
RANCHO MIRAGE LANDPARCEL MAP
DEMOGRAPHICS
TRAFFIC COUNTS
3 MILES 5 MILES 7 MILES
24,879 94,151 156,703
3 MILES 5 MILES 7 MILES
6,717 23,432 39,696
3 MILES 5 MILES 7 MILES
61.3 51.2 52.0
3 MILES 5 MILES 7 MILES
$103,591 $95,520 $94,374
3 MILES 5 MILES 7 MILES
17,050 47,616 78,884
Population
Median Age
Families
Average HHIncome
DaytimePopulation
Monterey Ave.40,800
Dinah Shore Dr.I-1023,13394,000
LOCATION MAPRANCHO MIRAGE LAND
RANCHO MIRAGE LANDMARKET OVERVIEW
Rancho Mirage was one of the first communities in the Coachella Valley to
capitalize on the demand for high quality residential/resort housing units in
the region. As such, the City has traditionally had the unique advantage of
widespread name recognition as one of the most affluent residential commu-
nities in the Valley boasting average annual household incomes in excess of
$130,000. Rancho Mirage also benefits from the long anticipated reopening
of the Ritz-Carlton Hotel, which occurred on May 15, 2014. The Hotel is the
region’s only five star resort and completed a renovation of the existing 244
room resort and construction of 18 spa suites plus future construction of 54
T-wing units, 57 hotel villas, and 25 tennis villas. This newly renovated resort
along with the Omni Rancho Las Palmas Resort and Spa, the Westin Mission
Hills Resort and Spa, and the Agua Caliente Resort & Casino will keep Rancho
Mirage firmly established in a competitive position within the Coachella Valley
for recognition by leisure and group resort travelers throughout the world.
Rancho Mirage is located 100 miles east of Los Angeles and is situated 10
miles south of the Palm Springs International Airport. The Highway 111 cor-
ridor runs through Rancho Mirage and is a 4.5 mile long major thoroughfare,
RANCHO MIRAGE LANDMARKET OVERVIEW
with daily traffic exceeding 70,000 vehicles. Highway 111 is recognized as
the circulation and commercial axis of the Coachella Valley. The focus of the
eastern most portion of Highway 111 within Rancho Mirage is largely retail,
restaurants and professional offices. In this area is The River at Rancho Mirage,
the cornerstone of the City’s revitalization of Highway 111. The 30 acre water-
front development offers an upscale shopping and entertainment experience in
an environment that features a river, fountains, waterfalls, a 14 screen theater,
multiple restaurants, and specialty shops.
Desert European Motorcars operates the region’s premier luxury auto deal-
erships just west of Highway 111. Dealerships include Bentley, Rolls Royce,
Maserati, Land Rover, Audi, Jaguar, Aston Martin, and Porsche.
FOR MOREINFORMATION
WILLIAM BAUMANVice Chairman213-298-3593
[email protected] #00969493
BRIAN M. TRACYPresident
License #01346668
700 S. Flower St.Suite 2500
Los Angeles, CA 90017www.nkfsocalretail.com
74998 Country Club Dr.Suite 220-345
Palm Desert, CA 92260
RANCHO MIRAGE, CARANCHO MIRAGE LAND
MONTEREY AVE.
