# 72261 Highway 111, Palm Desert, CA 92260

> **TL;DR:** commercial, $5,967,000 ($312/sqft), built 1986, 19,123 sqft. Est. $25,857/mo. Listed 207 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $5,967,000 |
| Price/sqft | $312 |
| Square Feet | 19,123 |
| Year Built | 1986 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 207 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $25,857 |
| **Total** | **$25,857** |

## Property Highlights

- Built in 1986

## Description

### Agent Description
Ideally located street front retail on major thoroughfare throughout the entire Coachella Valley - CA Hwy 111
Daily Needs Center located in retail epicenter in the heart of the Coachella Valley with an outstanding variety of boutiques, thrift stores and major 
retailers
Located in the Hub of shopping, dining, entertainment in the Heart of Palm Desert- Highway 111 is home to many of Palm Desert’s major retailers. Here, you’ll find familiar names like Target, Saks Off Fifth, Bed Bath and Beyond, Marshall’s, TJ Maxx, Nordstrom Rack and more. Another popular thoroughfare for shopaholics, Monterey Avenue, which is sprinkled with both shopping plazas and major retailers like Walmart, Sam’s Club and Lowe’s.
Affluent / Country Club Location - located against the backdrop of the San Jacinto Mountains with over 150 golf courses throughout Coachella Valley and where home prices span from $1M to $40M

## Location

- **Address:** 72261 Highway 111, Palm Desert, CA 92260
- **County:** Riverside

## Listing Agent

- **Name:** Richard Park
- **Brokerage:** Synergy Real Estate
- **Phone:** 9498920822
- **Email:** richpark75@gmail.com

## Primary Photo

![72261 Highway 111 - Primary Photo](http://lh.rdcpix.com/3bc47b1358ea8524326703fbdf47d1cdl-f1600422907r.jpg)

*2 total photos available on [listing page](https://www.propertysimple.com/listing/72261-highway-111-palm-desert-ca-92260-25255265)*

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**MLS#:** PW25255265 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/72261-highway-111-palm-desert-ca-92260-25255265)

---

## Structured Data

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  "name": "72261 Highway 111, Palm Desert, CA 92260",
  "description": "Ideally located street front retail on major thoroughfare throughout the entire Coachella Valley - CA Hwy 111\r\nDaily Needs Center located in retail epicenter in the heart of the Coachella Valley with an outstanding variety of boutiques, thrift stores and major \r\nretailers\r\nLocated in the Hub of shopping, dining, entertainment in the Heart of Palm Desert- Highway 111 is home to many of Palm Desert’s major retailers. Here, you’ll find familiar names like Target, Saks Off Fifth, Bed Bath and Beyond",
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