61705-61711 29 Palms Hwy - Freestanding FOR SALE


Joshua Tree, CA 92252
$1,400,000 USD
213-361-9546
61705-61711 29 Palms Hwy, Joshua Tree, CA for Sale
$1,400,000 USD
Freestanding - FOR SALE
1/2
null | Request Cap Rate

61705-61711 29 Palms Hwy
Joshua Tree, CA 92252


HIGHLIGHTS

  • Superb identity on 29 Palms Highway at the primary entrance to Joshua Tree National Park
  • Traffic Counts of over 18,000 cars per day on 29 Palms Highway
  • Corner location at the southwest corner of Sunset Road and 29 Palms Highway, adjacent to the popular Joshua Tree Farmers Market

OVERVIEW

Cushman & Wakefield, as Exclusive Advisors, is pleased to present the opportunity to acquire this exceptional retail property located at the gateway to Joshua Tree National Park. The offer comprises a fully remodeled (2022) retail building with superb frontage on 29 Palms Highway and a contiguous parcel that is ideal for future development. Joshua Tree National Park is one of the most popular national parks in the United States, attracting over three million visitors annually. The park’s Visitor Center is located within a block of the Property, making it the primary access point on Park Drive in Joshua Tree and accounting for over 500,000 inbound vehicle visits. This visitor activity has provided strong support to the local economy, with over $171 million in visitor spending supporting over 2,000 jobs and generating $209 million in economic output in local gateway economies.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$962 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,465 SF

ZONING

CG-SCP

APN/PARCEL ID

0603-102-01

ASK ABOUT THIS PROPERTY

Steve AlgermissenCushman & WakefieldMore Info
213-361-9546

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Steve AlgermissenCushman & WakefieldMore Info
213-361-9546

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