72875 Hwy 111

Palm Desert, CA 92260

 

Prime Commercial Property the former Rite Aid with Fixtures in the center of Palm Desert. Previously housing a successful Rite Aid, this expansive space was made available for a new venture, complete with all fixtures included. Brandy Nelson Associates conducted a quick sale for their sellers.

Situated in a high-traffic area of Palm Desert, this property enjoys prime visibility and accessibility, making it perfect for a variety of businesses.

Located next to Staples with Highway 111 visibility and featuring a large floor plan, the subject property comprises 21,440 square feet of prime retail space to accommodate diverse business concepts. The layout is versatile, providing room for customization based on your unique requirements. Save time and resources with the included fixtures from the former Rite Aid with shelving, display units, counters, and more, providing a seamless transition for your business. Benefit from the property’s history as a recognized retail location. The former Rite Aid enjoyed a strong presence, offering a built-in customer base and contributing to the property’s overall appeal. Ample parking ensures convenience for both customers and employees. Easy access from major roads enhances the property’s desirability and perfect for retail stores, pharmacies, health and wellness centers, convenience stores, specialty Retail, etc.

Rapid Escrow Closure of the Former Rite Aid Property

Challenge and Solution: When the Rite Aid property became available due to bankruptcy, there was a pressing need to quickly secure a new buyer to minimize financial loss and capitalize on the property’s high potential. Brandy Nelson & Associates took on the listing with a proactive strategy, leveraging our deep knowledge of the local market and extensive network to swiftly attract potential buyers.

Within just one week, our targeted marketing efforts and aggressive outreach culminated in placing the property into escrow, demonstrating our efficiency and expertise in handling distressed commercial properties.

This rapid transaction not only mitigated risks associated with the vacant property but also maximized the financial outcome for our client. The quick turnaround in securing escrow is a testament to Brandy Nelson & Associates’ capability to deliver exceptional results under tight deadlines.

Are you looking to buy or sell commercial retail properties? Trust Brandy Nelson & Associates to provide swift and reliable real estate solutions tailored to your needs. Contact us today to discuss how we can help you achieve your real estate goals with the same expertise and dedication shown in the successful handling of the Rite Aid property.