56945 29 Palms Hwy | Yucca Valley, CA 92284
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- LoopNet Team
56945 29 Palms Hwy
Yucca Valley, CA 92284
Freestanding Drive-Thru Restaurant · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Below Market Rent: Lease rates are 1.5–2x below market, offering potential for rental growth and increased returns.
- Below Replacement Cost: Priced competitively for a well-maintained, ±2,960 SF drive-thru building on a ±0.67-acre lot.
- Prime Location: Signalized corner on 29 Palms Hwy with over 30,000 daily vehicles, excellent visibility, and access.
- The property underwent a remodel circa 2020 by the previous tenant, KFC, incorporating modern updates.
- Potential Value-Add Opportunity: opportunity for long-term growth through lease adjustments or repositioning asset.
- Key Economic Drivers: Proximity to Joshua Tree National Park and MCAGCC (largest marine base) supports consistent traffic and economic activity.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,960 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1994/2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.67 AC
Parking
23 Spaces (7.77 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Restaurant
- Signalized Intersection
- Drive Thru
- Monument Signage
PROPERTY TAXES
| Parcel Number | 0595-312-03 | Improvements Assessment | $893,007 |
| Land Assessment | $757,703 | Total Assessment | $1,650,710 |
PROPERTY TAXES
Parcel Number
0595-312-03
Land Assessment
$757,703
Improvements Assessment
$893,007
Total Assessment
$1,650,710
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