57084 29 Palms Hwy | Yucca Valley, CA 92284
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57084 29 Palms Hwy
Yucca Valley, CA 92284
Black Bear Diner · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 15-year absolute net lease with 10% rent increases every 5 years
- Replaceable rent – $23.66/SF
- Yucca Valley Airport and nearby Twentynine Palms Airport funnel Joshua Tree tourists to the numerous hotels/rental properties in Yucca Valley
- Sub 6% rent to sales ratio
- The subject property is ideally located on 29 Palms Highway just 10 miles from Joshua Tree National Park – one of the most famous national park sites
PROPERTY FACTS
Property Type
Retail
Property Subtype
Property Size
6,085 sq ft
Costar Property Class
C
Year Built
1988
Tenancy
Single
Number of Floors
1
Plot ratio
0.12
Total Plot Size
1.21 ac
Use Class
C-MU - Commercial District
Parking
20 Spaces (3.29 Spaces per 1,000 sq ft Leased)
Frontage
248 ft on 29 Palms Hwy
PROPERTY TAXES
| Parcel Number | 0595-371-33 | Improvements Assessment | £540,653 |
| Land Assessment | £386,181 | Total Assessment | £926,834 |
PROPERTY TAXES
Parcel Number
0595-371-33
Land Assessment
£386,181
Improvements Assessment
£540,653
Total Assessment
£926,834
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