One El Paseo (CA, Coachella Valley)

Property Overview

Location:

Palm Desert, CA (Coachella Valley)

Address:

74199 El Paseo Drive; 74225 & 74245 Highway 111

Acres:

5.02

Net Rentable Area:

86,835 square feet

Office Space:

70,803 square feet

Restaurant Space:

16,032 square feet

Property Type:

Class-A mixed-use office & restaurant

Buildings:

(2) two-story office buildings and an adjacent restaurant pavilion

Parking:

313 spaces

Property Description

One El Paseo Plaza is a dynamic Class-A office and restaurant campus totaling 86,835 net rentable square feet across 5.02 acres, located at the highly visible intersection of El Paseo Drive and Highway 111 in Palm Desert, California — one of the Coachella Valley’s most prominent business corridors. The property features (2) two-story office buildings and an adjacent restaurant pavilion — originally Palm Desert’s first commercial building — creating a high-image business environment in one of the region’s most prestigious locations.

The development is known for its modern architectural design and high-end finishes, including striking granite lobbies, flexible floor plates, and a parking ratio of 3.5 spaces per 1,000 square feet, including assigned and covered parking. Its institutional-quality construction and design, combined with an amenity-rich location, have made the property the most highly sought-after trophy asset in the market and the premier business address in the Coachella Valley.

Situated at the crossroads of two of the desert’s most prominent thoroughfares, the property offers strong visibility, access, and proximity to premier shopping, dining, and residential communities. One El Paseo Plaza is the only true Class-A office building in the entire 8.4-million-square-foot Coachella Valley office market.

One El Paseo Plaza tenants include:

  • Morgan Stanley
  • Wells Fargo Advisors
  • RBC Capital Markets
  • Stifel Nicolaus & Company
  • Compass
  • Coachella Valley Association of Governments
  • Shogun Restaurant

Population and Demographics:

 

1 MILE

3 MILES

5 MILES

Total Households

4,410

18,012

32,903

Total Population

10,029

37,955

69,603

Average HH Income

$104,750

$138,623

$142,305

Average Age

45.1

54.0

54.5

Average Home Value

$427,112

$659,611

$670,630