Black Bear Diner

For Sale

57084 29 Palms Hwy, Yucca Valley, CA 92284

This Yucca Valley property for sale is located at 57084 29 Palms Hwy. The current listed sale price for Black Bear Diner is $2,618,000.

Contacts

broker

John Andreini

CP Partners

(415) 274-2715

Property Details

  • Property Type Retail - Restaurant
  • Property Size 6,085 SF
  • Units 1
  • Property Tenancy Single Tenant
  • Year Renovated 2022
  • Date Updated Apr 23, 2024
-An absolute NNN Black Bear Diner with 13+ years remaining in the primary term of the lease which features 10% rental increases every 5 years and three, 5-year options to extend the lease term. The subject property is located just 10 miles from Joshua Tree National Park – 3,000,000+ annual visitors.

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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

Attachments

Getting around

  • 62/100

    Walk Score ®

  • 57/100

    Bike Score ®

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Location

  • City Yucca Valley, CA
  • Zip Code 92284
  • Market Inland Empire

Points of Interest

  • USA Gasoline

    0.22 miles

  • Chevron

    0.29 miles

  • Arco

    0.98 miles

  • Arco

    1.52 miles

  • Valero

    1.70 miles

  • Valero

    6.01 miles

  • 76

    6.17 miles

  • Valero

    7.65 miles

  • Mojave Gas

    8.79 miles

  • KICKAPOO P&R

    2.19 miles

  • IHOP

    0.05 miles

  • Pho 85

    0.07 miles

  • Aki Sushi

    0.08 miles

  • La Casita Nueva

    0.12 miles

  • KFC

    0.16 miles

  • Carl's Jr.

    0.21 miles

  • Denny's

    0.26 miles

  • Blimpie

    0.45 miles

  • Taco Bell

    0.80 miles

  • McDonald's

    0.83 miles

  • Stater Bros.

    0.09 miles

  • Food 4 Less

    0.19 miles

  • Big Lots

    0.32 miles

  • Vons

    0.71 miles

  • 99c only store

    1.24 miles

  • Walmart Supercenter

    2.11 miles

  • Marshalls

    2.27 miles

  • Pioneer Town General Store

    4.92 miles

  • JT Trading Post

    5.93 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

John Andreini

CP Partners

(415) 274-2715