58012 29 Palms Hwy - Restaurant FOR SALE


Yucca Valley, CA 92284
$3,800,000 USD
310-740-2051
58012 29 Palms Hwy, Yucca Valley, CA for Sale
$3,800,000 USD
Restaurant - FOR SALE
1/6
null | 5.21% Cap Rate

58012 29 Palms Hwy
Yucca Valley, CA 92284


HIGHLIGHTS

  • Absolute NNN lease structure with no landlord responsibilities
  • Stable in-place NOI (~$197K annually) with 10% rent bumps every 5 years
  • Prime frontage on 29 Palms Hwy with ~20,703 VPD exposure
  • Located within Yucca Valley’s dominant retail corridor
  • Surrounded by national anchors driving consistent traffic
  • Tourism-driven market supported by proximity to Joshua Tree

OVERVIEW

This offering presents a stabilized, absolute NNN retail investment located along Yucca Valley’s primary commercial corridor, 29 Palms Highway. The ±3,141 SF property is 100% leased with zero landlord responsibilities, delivering passive, management-free income backed by a long-term lease structure and contractual rent increases. The asset is strategically positioned within a dominant retail trade area, surrounded by national anchors including Stater Bros, Tractor Supply, Harbor Freight, and Dollar Tree, creating strong consumer draw and sustained tenant performance. The property benefits from excellent visibility and accessibility along a high-traffic corridor (~20,703 VPD), capturing both local demand and significant tourism traffic driven by proximity to Joshua Tree National Park. Recently renovated in 2026, the property offers a modernized retail footprint with long-term viability in a supply-constrained High Desert market. With a 10-year lease term, renewal options, and a personal guarantee in place, this investment provides a compelling combination of stable cash flow, minimal operational risk, and built-in income growth.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$1,053 USD /SF

CAP RATE

5.21%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

58012 29 Palms Hwy, Yucca Valley, CA 92284

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

CROSS STREETS

Balsa Ave

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

GC

APN/PARCEL ID

0586-291-07

ASK ABOUT THIS PROPERTY

Nitti KaurA360 Capital Real Estate & Business AdvisoryMore Info
310-740-2051

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Nitti KaurA360 Capital Real Estate & Business AdvisoryMore Info
310-740-2051

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.