56945 Twentynine Palms, Yucca Valley

$8,000

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0 Bed
0 Bath
.69 Acre
0 Garage

The property features an approximately ±2,960 square foot drive-thru building on an approximately ±29,185 SF legal parcel, leased to the largest Southern California KFC/Taco Bell Franchisee (70 units). Strategically located at the corner signalized intersection of 29 Palms Highway and Sage Ave, the property benefits from excellent traffic exposure of a combined approximately ±39,660 vehicles per day. Great visibility and convenient access at this prized location shows additional value for this low-price drive-thru investment.

The subject property was built in 1985 and Tenant recently completed a full scale remodel (at Tenant’s cost) of the property in 2020, modernizing the building to the latest American Showroom design. The current lease term expires as of August 31, 2024 and Tenant has four (4) five (5) year options to extend. KFC’s historical ±35 years historical occupancy at the property as well as the substantial recent remodel demonstrates an excellent track record and Tenant’s continued commitment.

Located on the busy 29 Palms Highway (U.S. State Route 62), this site is positioned along the primary arterial connecting I-10 to all the cities and towns in the Morongo Basin. The site further benefits from both its immediate proximity to Joshua Tree National Park 10-minutes away, and the Marine Corps Air Ground Combat Center (MCAGCC), also known as 29 Palms, which is the largest United States Marine Corps base on 998 square miles. Joshua Tree reported ±2,998,989 visitors in 2019 and MCAGCC has an average troop base population of 29,000, further supplementing the restaurant customer base.

Essential Information

MLS® #
OC24007785
Price
$8,000
Bathrooms
0.00
Acres
0.69
Year Built
1985
Type
Commercial Lease
Sub-Type
Business
Status
Active

Community Information

Address
56945 Twentynine Palms
Area
DC571 - Yucca Mesa
City
Yucca Valley
County
San Bernardino
Zip Code
92284
Senior Community
N

Interior

# of Stories
1

Exterior

Lot Description
0-1 Unit/Acre

Additional Information

Date Listed
January 12th, 2024
Days on Market
124

Listing Details

Agent
Justin Tye
Office
Real Broker

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Based on information from California Regional Multiple Listing Service, Inc. as of May 16th, 2024 at 9:30pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.