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FOR SALE 74-967 SHERYL AVENUE PALM DESERT, CA 73000 Highway 111, Suite 200 | Palm Desert, CA 92260 | www.LeePalmDesert.com | Corp ID # 01911964 All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein. Maggie Montez [email protected] 760.346.2520 LIC #01070683 Shalyn Sacks [email protected] 760.346.2523 LIC #01844043 Property Highlights Opportunity to own, occupy and benefit from current income stream of over $4,000 per month! More than 70% occupied! Current tenants cover more than the building’s operating expenses! Architectural gem designed by Guy Dreier Excellent central valley location Two conference rooms Ample parking, including covered parking APN’s 624-241-022 & 624-241-016 totaling 21,883 SF Adjacent parcel fronting Cook St. available too! COOK STREET PORTOLA AVENUE FRED WARING DRIVE HOVLEY LANE SHERYL AVE. ± 3,922 SF Office Building - Reduced to $885,000.00

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  • FOR SALE 74-967 SHERYL AVENUE PALM DESERT, CA

    73000 Highway 111, Suite 200 | Palm Deser t, CA 92260 | www.LeePalmDeser t.com | Corp ID # 01911964

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

    Maggie Montez [email protected]

    760.346.2520 LIC #01070683

    Shalyn Sacks [email protected]

    760.346.2523 LIC #01844043

    Property Highlights• Opportunity to own, occupy and benefit from

    current income stream of over $4,000 per month!

    • More than 70% occupied! Current tenants cover more than the building’s operating expenses!

    • Architectural gem designed by Guy Dreier

    • Excellent central valley location

    • Two conference rooms

    • Ample parking, including covered parking

    • APN’s 624-241-022 & 624-241-016 totaling 21,883 SF

    • Adjacent parcel fronting Cook St. available too!

    COO

    K S

    TREE

    T

    PORT

    OLA

    AV

    ENU

    E

    FRED WARING DRIVE

    HOVLEY LANE

    SHERYL AVE.

    ± 3,922 SF Office Building - Reduced to $885,000.00

  • FOR SALE 74-967 SHERYL AVENUE PALM DESERT, CA

    73000 Highway 111, Suite 200 | Palm Deser t, CA 92260 | www.LeePalmDeser t.com | Corp ID # 01911964

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

    Maggie Montez [email protected]

    760.346.2520 LIC #01070683

    Shalyn Sacks [email protected]

    760.346.2523 LIC #01844043

    AVAILABLE FOR OWNER/USER

    530 SF

    Executive Office

    Work Room

    FLOOR PLAN

    115 SF

    ADMINAREA 80 SF

    RECEPTION 55 SF

    120 SF

    130 SF

    Suite 8

    Suite 5

  • FOR SALE 74-967 SHERYL AVENUE PALM DESERT, CA

    73000 Highway 111, Suite 200 | Palm Deser t, CA 92260 | www.LeePalmDeser t.com | Corp ID # 01911964

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

    Maggie Montez [email protected]

    760.346.2520 LIC #01070683

    Shalyn Sacks [email protected]

    760.346.2523 LIC #01844043

    PARCEL MAP

    VacantImproved

    ParcelAvailable

  • FOR SALE 74-967 SHERYL AVENUE PALM DESERT, CA

    73000 Highway 111, Suite 200 | Palm Deser t, CA 92260 | www.LeePalmDeser t.com | Corp ID # 01911964

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

    Maggie Montez [email protected]

    760.346.2520 LIC #01070683

    Shalyn Sacks [email protected]

    760.346.2523 LIC #01844043

    COO

    K S

    TREE

    T

    PORT

    OLA

    AV

    ENU

    E

    FRED WARING DRIVE

    HOVLEY LANE

    SHERYL AVE.

  • FOR SALE 74-967 SHERYL AVENUE PALM DESERT, CA

    73000 Highway 111, Suite 200 | Palm Deser t, CA 92260 | www.LeePalmDeser t.com | Corp ID # 01911964

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

    Maggie Montez [email protected]

    760.346.2520 LIC #01070683

    Shalyn Sacks [email protected]

    760.346.2523 LIC #01844043

    Income & ExpensesPROFORMA INCOME BASED ON CURRENT RENTS

    Rent Income: $48,071.76Total Income: $48,071.76

    ESTIMATED EXPENSES

    New Estimated Taxes: $12,437.00Insurance: $1,304.00Janitorial: $2,700.00Landscape: $2,280.00Utilities: $10,956.00Total Estimated Expenses $29,677.50

    Estimated Net Operating Income: $18,393.50