THE HOFFMAN COMPANY EXCLUSIVE OFFERING PRIME SIGNALIZED CORNER PARCEL | AFFLUENT CITY OF RANCHO MIRAGE MULTIPLE POTENTIAL USES (COMMERCIAL, SENIOR, MEDICAL/OFFICE, MULTI-FAMILY, OR RESIDENTIAL)* LAND FOR SALE, LEASE, OR WALKABLE TO SHOPPING, RESTAURANTS, AMMENITIES, & LARGE DOG PARK BUILD TO SUIT LESS THAN 1 MILE TO I-10 (@ MONTERREY AVE.) | 3 MILES TO EISENHOWER MEDICAL CENTER CONTACT BROKER FOR PRICE ACTIVE 1,000 HOMES RANCHO MIRAGE DOG PARK 10 BOB HOPE DR / DINAH SHORE DR SECTION 19 10 FUTURE MIXED USE KEY LARGO AVE MONTERREY AVE / DINAH SHORE & KEY LARGO | 3.91 PRIME CORNER ACRES MULTIPLE POTENTIAL USES (COMMERCIAL, SENIOR, MEDICAL/OFFICE, MULTI-FAMILY, OR RESIDENTIAL)* RANCHO MIRAGE, CA | COACHELLA VALLEY | RIVERSIDE COUNTY EXAMPLE COMMERCIAL SITE PLAN NEARBY WALGREENS CENTER NEARBY SHADOW RIDGE GOLF COURSE PROPERTY DETAILS BROKER CONTACT MARKET LOCATION Rancho Mirage, CA (Coachella Valley) Erik Christianson INTERSECTION Dinah Shore Drive & Key Largo Avenue (SWC) CA BRE #01475105 The Hoffman AREA LANDMARKS Rancho Mirage Dog Park, Mission Hills Golf Club T 949.705.0920 | C 949.910.7337 Company PROPERTY SIZE 3.91 Acres (2.05 Acre & 1.86 Acre Parcels) [email protected] DENSITY N/A (Submit to City) | 1 & 2-Story Potential ZONING Office & Medium Residential RANCHO MIRAGE QUICK FACTS ENTITLEMENTS Unentitled HOME PRICE LAST 12 MONTHS: Commercial, Senior/Assisted Living, Medical/Office, Multi-Family, POTENTIAL USES Residential) (RE-SALE + NEW) 23.68% SITE CONDITION Un-improved. Utilities to site. AVERAGE HOUSEHOLD INCOME OFFER DEADLINE Offers to be considered as submitted. $130,954 Source: Market Watch LLC, DataQuick, California Board of Equalization ADDITIONAL INFORMATION Request from Broker *Any Potential Development Uses Need to be Verified by Buyer & City. COACHELLA VALLEY TOURISM & HOSPITALITY QUICK FACTS COACHELLA VALLEY INLAND EMPIRE EAST MULTI-FAMILY QUICK FACTS RETAIL QUICK FACTS 2017 Visitors 13.6 Million Spent $5.5 Billion Vacancy Rate Vacancy Y-O-Y Vacancy Rate Vacancy Y-O-Y Economic Impact $7 Billion (9% Increase Over Year 2015) 2.6% -100 Basis 8.9% -10 Basis Point Change Point Industry Jobs (lowest vacancy rate of any 51,866 (1,200 Increase Since 2010) submarket in IE) (largest decrease of any Change 2017 Y-O-Y Hotel Occupancy 2017 Y-O-Y Avg. Daily Rate: submarket in IE) 2.7% 3.1% RENTS Y-O-Y: RENTS Y-O-Y: 3.7% Avg. Increase 3.3% Avg. Increase COACHELLA VALLEY OFFICE: 777 E Tahquitz Canyon Way, Suite 200, Palm Springs, CA 92262 | T 760.969.7357.