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Nicolas Romo
Direct Office:
800-659-4610
sellingcasas@gmail.com

DRE# 01787685
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Nicolas Romo
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Direct Office:
800-659-4610
sellingcasas@
gmail.com

DRE# 01787685
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56945 Twentynine Palms,  Yucca Valley CA, 92284

(Active)
$1,799,000
|
2,960 sqft
|
MLS# OC24007781
Last Updated: 5/18/2024 2:56 AM
Description for 56945 Twentynine Palms Yucca Valley, CA 92284
PRICED TO SELL!! 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 Tenants 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. KFCs historical 35 years historical occupancy at the property as well as the substantial recent remodel demonstrates an excellent track record and Tenants 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.
Price
$1,799,000
San Bernardino
2,960 (approx)
OC24007781
Active
Description
PRICED TO SELL!! 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 Tenants 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. KFCs historical 35 years historical occupancy at the property as well as the substantial recent remodel demonstrates an excellent track record and Tenants 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.
Listing Information
Property Type: Retail, Business Opportunities, 1 Story
0.69 Acres Assessor 2,960 (approx)
1985 1
Public
1 Total
Neighborhood
Room Information
None
Exterior / Lot Features
0 Covered Parking Spaces,
0-1 Unit/Acre
Driving Directions
Exit 62 highway, right on sage, left on yucca trail, destination is on the left
Financial Considerations
0595312030000
$19,988
Listing Price History

Yucca Valley Real Estate

Yucca Valley is located in California. Yucca Valley, California 92284 has a population of 21,556.

The median household income in Yucca Valley, California 92284 is $45,698. The median household income for the surrounding county is $65,961 compared to the national median of $66,222. The median age of people living in Yucca Valley 92284 is 35 years.

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Listing Agent: Justin Tye CalDRE: 01728694 - Real Broker
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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 5/18/2024 2:56 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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