61142 29 Palms Hwy - Auto Dealership FOR SALE


Joshua Tree, CA 92252
$2,350,000 USD
760-366-9045
61142 29 Palms Hwy, Joshua Tree, CA for Sale
$2,350,000 USD
Auto Dealership - FOR SALE
1/20
null | 5.21% Cap Rate

61142 29 Palms Hwy
Joshua Tree, CA 92252


HIGHLIGHTS

  • Rivian Dealership and Charging Station
  • High Visibility Net Leased Investment Opportunity with Nationally Recognized Tenant

OVERVIEW

Institutional-quality net leased investment opportunity featuring a purpose-built electric vehicle retail, service, and charging asset leased to Rivian, an industry-leading electric vehicle manufacturer and nationally recognized consumer brand. The property was substantially improved and built out by the tenant as a branded dealership, customer experience center, and fast-charging facility strategically designed to serve both Rivian customers and the broader electric vehicle market. Positioned on highly visible frontage along Twentynine Palms Highway (Highway 62), the region’s primary east-west commercial corridor, the asset benefits from exceptional accessibility, strong daily traffic counts, and prominent exposure to both local residents and substantial visitor traffic traveling to Joshua Tree National Park, one of Southern California’s premier tourism destinations. The investment is uniquely positioned within a supply-constrained market characterized by limited electric vehicle charging infrastructure and minimal competing fast-charging alternatives in the immediate Joshua Tree trade area. As EV adoption continues to accelerate statewide, the property serves as a critical infrastructure node supporting both destination travelers and regional transportation demand. Offered subject to a long-term lease structure, the asset provides investors with durable cash flow backed by a high-credit-profile tenant and meaningful tenant capital investment into specialized improvements and charging infrastructure. The combination of mission-critical tenancy, long lease duration, strategic desert infill location, and strong underlying land fundamentals creates a compelling risk-adjusted investment profile. This offering represents a rare opportunity to acquire a next-generation transportation-oriented asset within a high-barrier-to-entry corridor benefiting from tourism demand, transportation electrification trends, and continued growth in California’s EV ecosystem.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$810 USD /SF

CAP RATE

5.21%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

COMMERCIAL

APN/PARCEL ID

0602-391-05

ASK ABOUT THIS PROPERTY

John SimpsonAll American Real Estate & ConsultingMore Info
760-366-9045

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John SimpsonAll American Real Estate & ConsultingMore Info
760-366-9045

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