Black Bear Diner

57084 29 Palms Hwy, Yucca Valley, CA 92284

  • For Sale $2,618,000
  • 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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Attachments

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

Contacts

broker

John Andreini

CP Partners

(415) 274-2715

Location

Getting Around

  • Walk Score ®

    62/100 Somewhat Walkable
  • Bike Score ®

    57/100 Bikeable
Powered by Walk Score ®
  • 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

Frequently Asked Questions

What is the lease rate for Black Bear Diner?

Rental asking rate at Black Bear Diner is $1,309,000.00/YR.

What is the total square footage of Black Bear Diner?

Black Bear Diner totals 6,085 square feet.

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Contact Listing Broker

broker

John Andreini

CP Partners

(415) 274-2715