58024 29 Palms Hwy, Yucca Valley, CA 92284
3,596 SF Specialty Building Offered at $2,273,000 at a 5.50% Cap Rate in Yucca Valley, CA 92284
For Sale
Active
Asking Price $2,273,000
- Property Type
-
Specialty
- Square Feet
- 3,596 SF
- Price / Square Foot
- $632
Listing Contacts
Bill Asher
Jeff Lefko
Property Overview
20-YEAR ABSOLUTE NNN GROUND LEASE | GATEWAY TO JOSHUA TREE NATIONAL PARK (3M ANNUAL VISITORS)
Property Details
- Class
- B
- Year Built
- 2023
- Stories
- 1
- Property Subtype
- Car Wash
- Lot Size (sq. ft)
- 34,412 SF
Highlights
- Single-Tenant Quick Quack Car Wash Ground Lease: 20-year absolute NNN ground lease with 10% increases every 5 years
- KKR & Co. Buys $850 Million Minority Stake in Quick Quack Car Wash (June 2024)
- Outparcel to Stater Bros Market and 99 Cents Only Anchored Shopping Center: Co-Tenants at the center include Dollar Tree & Harbor Freight Tools
- Strategically Situated Along Twentynine Palms Highway, a Major Commercial Corridor in San Bernardino County
- Gateway to Joshua Tree National Park (10 Miles from the Property): The property is located along Twentynine Palms Highway
- Close Proximity to the U.S. Marine Corps Base: 30-minute drive from the Marine Corps Air Ground Combat Center (MCAGCC)
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