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Property profile & analytics
OFF-MARKET
Community centers

58000 29 Palms Hwy Yucca Valley, CA 92284

1.69 ac lot Built 1994
Entity Owned 4-yr Hold
Property ID
US10-0914803
Property summary
AI-generated overview

This exceptional 22,490-square-foot retail space, formerly a JCPenney, presents a unique investment opportunity in Yucca Valley, California's High Desert submarket. Situated within the thriving Yucca Valley Square shopping center, this single-tenant building boasts 110 dedicated parking spaces and benefits from high visibility on the heavily trafficked 29 Palms Highway, experiencing over 20,000 cars daily. The property sits on 1.69 acres and was built in 1994. Its prime location is easily accessible and strategically positioned between Hilton Road and Balsa Avenue, in the heart of Yucca Valley's retail core. The center enjoys strong co-tenancy with established businesses such as Stater Bros., Tractor Supply Company, 99 Cents Only, Hibbett Sports, Jack in the Box, and Pizza Hut, ensuring high foot traffic and brand recognition. The landlord is willing to offer tenant improvement allowances for qualified tenants and lease terms, making this a compelling opportunity for businesses seeking a well-located, established space in a growing market. The property's APN is 0601-402-11, 0601-402-12, and is located in San Bernardino County, CA, zip code 92284. The building is a single-story structure.

Property profile
Verified
Property type Community centers
Year built 1994
Lot 1.69 ac (73,616 SF)
UPID US10-0914803
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Yv Investment Group LLC · 4 yrs held
Yv Investment Group LLC
since 2021
2 recorded transactions
2021
$1.4M
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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