57990 29 Palms Hwy - Storefront Retail/Office FOR SALE


Yucca Valley, CA 92284
$2,131,000 USD
909-230-4500
57990 29 Palms Hwy, Yucca Valley, CA for Sale
$2,131,000 USD
Storefront Retail/Office - FOR SALE
1/7
null | 7.5% Cap Rate

57990 29 Palms Hwy
Yucca Valley, CA 92284


HIGHLIGHTS

  • Anchored by High-Performing Stater Bros – Top grocery store in the trade area based on foot traffic (Placer.ai)
  • Located in Yucca Valley’s Primary Grocery Center – Co-tenancy with national brands including Dollar Tree, Tractor Supply Co., and Harbor Freight Tools
  • Visibility on Twentynine Palms Hwy – ±29,000 cars per day along Yucca Valley’s busiest commercial corridor
  • Offered at $157/SF – Well below replacement costs estimated at $300 to $400/SF
  • Stater Bros Professionally Manages CAM – Offering investors minimal landlord responsibilities
  • 100% Leased to Local, E-Commerce Resistant & Service Oriented Tenants – including Crazy Bargains, Luxury Nail Spa, and No Limits Boutique

OVERVIEW

Progressive Real Estate Partners is proud to present a fully leased ±13,593 SF retail center along Twentynine Palms Highway, the most heavily trafficked arterial in Yucca Valley with over 29,000 cars per day. Located in the trade area’s primary grocery-anchored center, the property is anchored by Stater Bros., the newer of two local locations and Yucca Valley’s top-performing grocery store by foot traffic (Placer.ai). The center also includes national retailers such as Dollar Tree, Tractor Supply Co., and Harbor Freight Tools, creating strong retail synergy and steady cross-shopping. Tenants include Crazy Bargains, Luxury Nail Spa, and No Limits Boutique and serve the community’s demand for value retail and personal services. Stater Bros. professionally manages common areas, reducing ownership oversight. Priced at $157/SF—well below replacement cost, the asset offers stable income and benefits from proximity to the Twentynine Palms Marine Corps Base and its position along the route to Joshua Tree National Park (3M+ annual visitors), drawing tourists for groceries, supplies, and last-minute essentials.

FOR SALE DETAILS

PRICE

$2,131,000 USD

PRICE/SF

$157 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Yucca Valley Square

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

CC

APN/PARCEL ID

0601-402-10

ASK ABOUT THIS PROPERTY

Lance MordachiniProgressive Real Estate PartnersMore Info
909-230-4500

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Lance MordachiniProgressive Real Estate PartnersMore Info
909-230-4500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.