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57084 29 Palms Hwy
Yucca Valley, CA 92284

$2,400,000 USD

Restaurant For Sale  •  6,085 SF

Property Details

• Property Type Restaurant
• Total Building Size 6,085 SF
• Lot Size 1.21 AC
• Building Class C
• Year Built 1988
• Cap Rate 6.00 %
• Tenancy Single
• Zoning C-MU

0 Transit Score

61 Walk Score

Highlights

15-year absolute net lease with 10% rent increases every 5 years

Sub 6% rent to sales ratio

Replaceable rent – $23.66/SF

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

Yucca Valley Airport and nearby Twentynine Palms Airport funnel Joshua Tree tourists to the numerous hotels/rental properties in Yucca Valley

Property Flyers

BlackBearDiner_YuccaValleyCA

Cap Rate:

6.00 %

Public Transportation

Airport	Drive	Walk	Distance
Palm Springs International	43 min	-	31.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Covered
Included in Rent:	Yes