61142 29 Palms, Joshua Tree, CA 92252

This institutional-quality net leased investment opportunity features an electric vehicle retail, service, and charging asset leased to Rivian. The property was substantially improved and built out by the tenant as a branded dealership, customer experience center, and fast-charging facility designed to serve both Rivian customers and the broader electric vehicle market. Positioned on frontage along Twentynine Palms Highway (Highway 62), the region’s primary east-west commercial corridor, the asset benefits from accessibility, traffic counts, and exposure to local residents and visitor traffic traveling to Joshua Tree National Park. The investment is positioned within a supply-constrained market characterized by limited electric vehicle charging infrastructure and minimal competing fast-charging alternatives in the immediate Joshua Tree trade area. As EV adoption continues to accelerate statewide, the property serves as a critical infrastructure node supporting both destination travelers and regional transportation demand. Offered subject to a long-term lease structure, the asset provides investors with durable cash flow backed by a high-credit-profile tenant and tenant capital investment into specialized improvements and charging infrastructure. The combination of tenancy, lease duration, location, and land fundamentals creates an investment profile. This offering represents an opportunity to acquire a transportation-oriented asset within a corridor benefiting from tourism demand, transportation electrification trends, and growth in California’s EV ecosystem. The bike score is 17, indicating it is somewhat bikeable, and the walk score is 1, indicating it is car-dependent.