72526 29 Palms Hwy - Restaurant FOR SALE
Twentynine Palms, CA 92277 |
$867,692 USD
858-222-3333
72526 29 Palms Hwy
Twentynine Palms, CA 92277
HIGHLIGHTS
- Absolute NNN Lease: A truly passive investment, with the tenant covering all expenses, including property taxes, insurance, repairs and maintenance.
- Opportunity to acquire a fully built restaurant property at a price below current construction costs.
- This well-established Pizza Hut location has operated continuously at the property since the building was constructed.
- The lease includes three 5-year renewal options, each adjusting to prevailing market rent (FMR), providing for income growth without any rent caps.
- Straightforward site layout allows for future re-tenanting or redevelopment as QSR, small-format retail, or medical services.
- Located on 29 Palms Hwy with strong visibility and access to the Marine Corps Air Ground Combat Center, driving stable employment and consumer base.
FOR SALE DETAILS
PRICE
$867,692 USD
PRICE/SF
$320 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Pizza Hut NNN Leased Restaurant Investment
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1987
SPRINKLERS
-
PARKING SPACES
49
LAND DETAILS
LAND ACRES
1.25 AC
LAND SF
54,450 SF
ZONING
General Commercial (GC)
APN/PARCEL ID
0618-151-37
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858-222-3333
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858-222-3333
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