72526 29 Palms Hwy - Restaurant FOR SALE


Twentynine Palms, CA 92277 | 
$867,692 USD
858-900-3700
72526 29 Palms Hwy, Twentynine Palms, CA for Sale
$867,692 USD
Restaurant - FOR SALE
1/6
null | 6.5% Cap Rate

72526 29 Palms Hwy
Twentynine Palms, CA 92277


HIGHLIGHTS

  • ABSOLUTE NNN: Tenant covers taxes, insurance, repairs, and all maintenance — a truly passive investment.
  • BELOW REPLACEMENT COST: Fully built restaurant at a basis well below new construction, with built-in equity as costs rise.
  • OPERATING HISTORY: Pizza Hut has operated continuously at this location since the building was constructed.
  • MARKET-RENT OPTIONS: Three 5-year renewals each reset to fair market rent (FMR) with no rent caps.
  • 80-UNIT FRANCHISEE: Experienced Pizza Hut operator with ~80 locations and a personal guaranty from an industry veteran.
  • HWY 62 / MCAGCC: Frontage on 29 Palms Highway serving Twentynine Palms and the Marine Corps Air Ground Combat Center.

OVERVIEW

CIRE Partners is pleased to exclusively present for sale Pizza Hut at 72526 29 Palms Hwy, Twentynine Palms, CA 92277. The ±2,784 SF Absolute NNN restaurant is offered at $867,692 (6.50% cap, $56,400 NOI). The tenant covers taxes, insurance, repairs, and maintenance. Three 5-year options adjust to fair market rent. The operator runs roughly 80 Pizza Hut locations, with a personal guaranty from an industry veteran. The site has operated as Pizza Hut since construction, with Hwy 62 frontage in a military-town retail corridor serving MCAGCC.

FOR SALE DETAILS

PRICE

$867,692 USD

PRICE/SF

$312 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pizza Hut - Twentynine Palms, CA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

58

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,628 SF

ZONING

GC

APN/PARCEL ID

0618-151-37

ASK ABOUT THIS PROPERTY

Renato LorjaCIRE PartnersMore Info
858-900-3700

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Renato LorjaCIRE PartnersMore Info
858-900-3700

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