57701 29 Palms Hwy.
Yucca Valley, CA 92284





Listing Details
A unique opportunity to own a Rite Aid with 9 years left on the lease with options & increases. That's ideally located on the main thoroughfare to get to Joshua Tree National Park. The buyer can take advantage of the CAP rate of 7.36%. Just before entering one of California's most famous national parks, one must drive through 29 Palms Highway. In 2018, a National Parks Service Report showed that $196 million in economic benefits was used in the local areas surrounding Joshua, which included Yucca Valley.
Asking: $7,400,000
8 yrs Left w/Options & increases
7.36% Cap Rate
Built 2011
Ample Parking & Drive Thru