Retail In The Coachella Valley by Maggie Montez (2015)

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Retail in the Coachella Valley2006 – 2010 – 2014 and Beyond!

Presented by

Maggie Montez

Lee & Associates – Palm Desert

Retail Sales

Building Sales0

10

20

30

40

50

60

70

80

53

37

75

200620102014

Total Retail Sales Volume

Sales Volume ($ Millions)0

50

100

150

200

250 237

48

125 200620102014

Average $/SF Price

Average $/SF Price$0

$50

$100

$150

$200

$250

$300 $250

$187

$223

200620102014

Retail Sales 2014The River – Rancho Mirage

Shadow Hills Plaza - Indio Komar Center - La Quinta

Average Lease Rate

$/SF/Month$0.00

$0.50

$1.00

$1.50

$2.00

$2.50

$3.00 $2.50

$1.28 $1.50 2006

20102014

Lease Vacancy Rate

Lease Vacancy Rate0%

2%

4%

6%

8%

10%

12%

14%

16%

5%

14%

8% 200620102014

Major Retail Leases

Retail Trends 2014 - New Development!

The PalmsI-10 & Monroe St.Indio

Harrison Ave & 50thCoachella

Exciting Redevelopment!Rancho Las PalmasRancho Mirage

Simon MotorsLa Quinta

Museum Plaza, Palm Springs

What’s in store for 2018Watch North Palm Desert grow! Watch North Palm Springs grow!

Watch Indio grow!

Retail in the Coachella Valley2006 – 2010 – 2014 and Beyond!

Presented by

Maggie Montez

Lee & Associates – Palm Desert