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72120 Magnesia Falls Dr 5,600 SF Office/Medical Condo Unit Offered at $1,795,000 in Rancho Mirage, CA 92270

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INVESTMENT HIGHLIGHTS

Highly upgraded

Conference Room

EXECUTIVE SUMMARY

5,600 sf newly remolded condo with two suites. Property is located off Highway 111 in the Magnesia Falls Plaza.

PROPERTY FACTS

Price	$1,795,000	Building Class	C
Unit Size	5,600 SF	Floors	1
No. Units	1	Typical Floor Size	5,600 SF
Total Building Size	5,600 SF	Year Built	1980
Property Type	Office (Condo)	Lot Size	3.12 AC
Property Subtype	Medical	Parking Ratio	1.61/1,000 SF
Sale Type	Investment or Owner User

Price	$1,795,000
Unit Size	5,600 SF
No. Units	1
Total Building Size	5,600 SF
Property Type	Office (Condo)
Property Subtype	Medical
Sale Type	Investment or Owner User
Building Class	C
Floors	1
Typical Floor Size	5,600 SF
Year Built	1980
Lot Size	3.12 AC
Parking Ratio	1.61/1,000 SF

1 UNIT AVAILABLE

Unit A&B

Unit Size	5,600 SF	Condo Use	Office/Medical
Price	$1,795,000	Sale Type	Investment or Owner User
Price Per SF	$320.54	APN/Parcel ID	682-321-054, 682-321-055, 682-321-053, 682-321-052, 682-321-042, 682-321-041, 682-321-040, 682-321-039, 682-321-038

Unit Size	5,600 SF
Price	$1,795,000
Price Per SF	$320.54
Condo Use	Office/Medical
Sale Type	Investment or Owner User
APN/Parcel ID	682-321-054, 682-321-055, 682-321-053, 682-321-052, 682-321-042, 682-321-041, 682-321-040, 682-321-039, 682-321-038

DESCRIPTION

Condo is split into two suites.
Suite A- Vacant, 3,286 sf, large reception area, Built-in desk, high-end security door, six private offices, three built-in cubical areas, large conference room, two restrooms, breakroom with patio, and covered parking.

Suite B- Leased, 2,314 sf, High-end finishes, five offices, one restroom with shower, reception area and private patio.

SALE NOTES

Property is being offered for lease or sale.
Property is located in Magnesia Falls Plaza in Rancho Mirage. Subject office park is a fully remolded, single story, multi-tenant office/ medical development with such regional and national tenants.
Magnesia Falls Plaza is well parked at 6/1,000 and offers spacious grounds, private entrances, private and shared patios.