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RARE VACANT HARD PRIME CORNER IN AFFLUENT CITY OF RANCHO MIRAGE HIGHLY VISIABLE AVERAGE DAILY INTERSECTION TRAFFIC: 66,500 CARS PEDESTRIAN-ORIENTED INFILL SITE NEAR SHOPPING, OFFICES, & HOMES POTENTIAL FOR COMMERCIAL, MEDICAL OFFICE, MULTI-FAMILY, SENIOR OR OTHER USES* PROPERTY & RANCHO MIRAGE OVERVIEW BOB HOPE & GERALD FORD – RANCHO MIRAGE consists of 5.67 total acres on a rare vacant and highly visible hard-corner location in the affluent city of Rancho Mirage, less than 2 miles from I-10 on the NEC of Bob Hope Drive and Gerald Ford Drive. The project site is bounded by sold out Toll Brother’s Residential Luxury Home project to east, 2 & 3 Story Medical Office Buildings to the north, Mission Hills Golf Course & Homes to the West, Built Retail Center to the southwest, and 1,000 Future Homes to the south. The property is conveniently located only 1.5 miles from Eisenhower Hospital. Although the property is currently zoned medical office, the highest and best or possible uses on the property could also include Commercial, Multi-Family Apartments, Senior, Office, Hotel, or Mixed Use. This offering represents one of the last 4-way intersection corner parcels in the city of Rancho Mirage. RANCHO MIRAGE is known as one of the most affluent cities in Riverside County with an average household income of $109,708. Some of America’s finest golf courses, most exclusive residential communities, and international events such as the annual Kraft Nabisco Championship are found here. Many famous people have made Rancho Mirage their home including President Ford upon his retirement from the U.S. Presidency. Home to the Valley’s premium resorts, Rancho Mirage lodging properties recently collectively invested over $900 million in renovations and reconstructions. The Agua Caliente Casino Resort Spa is the Valley’s only regional skyscraper property with 24- hour gaming. The Ritz-Carlton Rancho Mirage opened early 2014 after undergoing a major $60 million renovation and is the only Five-Star lodging property in the region. The City of Rancho Mirage promises the seasoned traveler and the discriminating resident the perfect combination of luxury, value and access to some of North America’s finest golf, spa and dining opportunities right in the Heart of the Palm Springs Valley. THE HOFFMAN COMPANY EXCLUSIVE OFFERING BROKER CONTACT SUBJECT PROPERTY (VIEW FROM INTERSECTION) RETAIL CENTER ACROSS STREET (GELSON’S, CHEVRON, CHASE) Erik Christianson CA BRE #01475105 C (949) 910-7337 T (949) 705-0920 echristianson@hoffmanland.com PROPERTY DETAILS LOCATION Rancho Mirage, California REGION Coachella Valley, Riverside County INTERSECTION NEC Bob Hope Drive (exit from I-10) & Gerald Ford Drive AREA LANDMARKS Across Street: Gelson’s Grocery, Chase Bank, Chevron Gas Station, Mission Hills Country Club, 1,000 Future Homes to South PROPERTY SIZE 5.67 Acres ZONING Office & “Special Corner” Overlay GENERAL PLAN Office & “Special Corner” Overlay POTENTIAL USES Commercial, Medical & Traditional Office, Multi-Family, Senior, Hotel, or Mixed Use* SITE CONDITION Perimeter Sidewalk & Stoplights at Intersection previously installed. Adjacent to Major Arterial Roads. Utilities Adjacent & Nearby. OFFER DUE DATE To Be Considered as Submitted. *Buyer to Verify with City BOB HOPE & GERALD FORD 5.67 PRIME CORNER ACRES | MULTIPLE USES AVAILABLE CITY OF RANCHO MIRAGE | COACHELLA VALLEY, CA BOB HOPE DR GERALD FORD DR OFFICES WITHIN WALKING DISTANCE 1.5 MILES 1,000 FUTURE HOMES SOLD OUT COACHELLA VALLEY OFFICE: 777 E Tahquitz Canyon Way, Suite 200, Palm Springs, CA 92262 | T (760) 969-7357 PRICED AT ONLY $4,900,000 FOR PRIME CORNER PARCEL
