Mattress Firm
67525 E Palm Canyon Dr, Cathedral City, CA 92234- Price$1,962,000
- BuildingBldg. SF4,994 sqft
- Cap Rate7.00%
- Lot Size0.46 Acres
- NOI$137,335
- Lease TypeNN
- Remaining Term4 Years
- Year Built2016
- 3 Mile HHI$95,779
- 3 Mile Pop51,626
Deal Highlights
- GREAT NEIGHBORS: Trader Joe’s, Target, Starbucks, and McDonald’s all sit within a stone’s throw of the property. Target & McDonald’s are corporately owned.
- BELOW MARKET RENT: Mattress Firm is paying below market rent for both the area and compared to other single tenant Mattress Firms across the country.
- PROXIMITY TO AIRPORT: The property sits approximately 3 miles from Palm Springs Airport (PSP)
- AREA AFFLUENCE: The Palm Springs MSA/Coachella Valley is one of the most desirable markets in California.
