- For Sale $2,618,000
- Property Type Retail - Restaurant
- Property Size 6,085 SF
- Units 1
- Property Tenancy Single Tenant
- Year Renovated 2022
- Date Updated Apr 23, 2024
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Attachments
Highlights
- An absolute NNN single-tenant Black Bear Diner in Yucca Valley
- 13+ years remaining in the primary term with three, 5-year options to extend the lease
- 10% rental increases during the primary term and option periods provide investors with a hedge against inflation
- 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 in the country
- Yucca Valley Airport and nearby Twentynine Palms Airport funnel Joshua Tree tourists to the numerous hotels/rental properties in Yucca Valley and surrounding towns
- Nearby national retailers also located along 29 Palms Highway driving traffic to the area include Amazon, Walmart, Grocery Outlet, ALDI, and Tractor Supply Co
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Contacts
John Andreini
CP Partners
(415) 274-2715
Location
Getting Around
-
Walk Score ®
Somewhat Walkable (62) -
Bike Score ®
Bikeable (57)
- City Yucca Valley, CA
- Zip Code 92284
- Market Inland Empire
Points of Interest
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USA Gasoline
0.22 miles
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Chevron
0.29 miles
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Arco
0.98 miles
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Arco
1.52 miles
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Valero
1.70 miles
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Valero
6.01 miles
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76
6.17 miles
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Valero
7.65 miles
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Mojave Gas
8.79 miles
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KICKAPOO P&R
2.19 miles
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IHOP
0.05 miles
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Pho 85
0.07 miles
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Aki Sushi
0.08 miles
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La Casita Nueva
0.12 miles
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KFC
0.16 miles
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Carl's Jr.
0.21 miles
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Denny's
0.26 miles
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Blimpie
0.45 miles
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Taco Bell
0.80 miles
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McDonald's
0.83 miles
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Stater Bros.
0.09 miles
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Food 4 Less
0.19 miles
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Big Lots
0.32 miles
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Vons
0.71 miles
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99c only store
1.24 miles
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Walmart Supercenter
2.11 miles
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Marshalls
2.27 miles
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Pioneer Town General Store
4.92 miles
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JT Trading Post
5.93 miles
Contact Listing Broker
John Andreini
CP Partners
(415) 274-2715