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72526 29 PALMS HWY Twentynine Palms CA 92277-2440

APN 0618151370000

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Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Building SqFt 2,710
Lot SqFt 54,566
Acreage ******
Number of Units 1
Zoning Code CG
Year Built 1987
Building Count 1
Opportunity Zone No
Lease Type ******
Remaining Term ******
Lease Expiration ******
Tax Year ******
Tax Land ******
Tax Additions ******

Property History

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Property Type
Property Type
Retail
Property Subtype
QSR/Fast Food, Restaurant
Asking Details
Asking Price
$867,692
Asking Cap Rate
6.5%
Asking NOI
$56,400
Price/Sq Ft
$311.67
Investment Highlights

ABSOLUTE NNN LEASE STRUCTURE

A truly passive investment, with the tenant covering all expenses, including property taxes, insurance, repairs and maintenance.

BELOW REPLACEMENT COST RESTAURANT

Opportunity to acquire a fully built restaurant property at a price well below the cost of new construction. This favorable basis provides built-in equity and makes for an attractive long-term hold as construction costs continue to rise.

LONG-TERM OPERATING HISTORY

This well-established Pizza Hut location has operated continuously at the property since the building was constructed.

BELOW MARKET RENT

Current rent is below market benchmarks, offering potential for income growth through future rent increases or re-tenanting at higher market rates upon lease expiration.

OPTION PERIOD MARKET RENT ADJUSTMENT

The lease includes three 5-year renewal options, each adjusting to prevailing market rent (FMR), providing for income growth without any rent caps.

EXPERIENCED OPERATOR

Operated by a Pizza Hut franchisee with roughly 80 locations, the property benefits from experienced management and consistent lease performance.

PERSONAL GUARANTY BY INDUSTRY VETERAN

Lease remaining term backed by an industry-leading franchise group with decades of operating history. The lease guarantor’s financial strength and operational expertise provide a secure guarantee on the lease.

SIMPLE SITE CONFIGURATION

Straightforward site layout allows for future re-tenanting or redevelopment as QSR, small-format retail, or medical services.

FRONTAGE ON HWY 62 IN MILITARY TOWN

Located on 29 Palms Highway with strong visibility and direct access to the nearby Marine Corps Air Ground Combat Center, the largest U.S. Marine base, which drives a stable employment and consumer base.

REGIONAL RETAIL CORRIDOR

The property is surrounded by banks, gas stations, grocery, and quick-service retail, reinforcing the property’s position as a core part of Twentynine Palms’ commercial corridor.

Property Type
Property Type
Retail
Property Subtype
QSR/Fast Food, Restaurant
Investment Highlights

ABSOLUTE NNN LEASE STRUCTURE

A truly passive investment, with the tenant covering all expenses, including property taxes, insurance, repairs and maintenance.

BELOW REPLACEMENT COST RESTAURANT

Opportunity to acquire a fully built restaurant property at a price well below the cost of new construction. This favorable basis provides built-in equity and makes for an attractive long-term hold as construction costs continue to rise.

LONG-TERM OPERATING HISTORY

This well-established Pizza Hut location has operated continuously at the property since the building was constructed.

BELOW MARKET RENT

Current rent is below market benchmarks, offering potential for income growth through future rent increases or re-tenanting at higher market rates upon lease expiration.

OPTION PERIOD MARKET RENT ADJUSTMENT

The lease includes three 5-year renewal options, each adjusting to prevailing market rent (FMR), providing for income growth without any rent caps.

EXPERIENCED OPERATOR

Operated by a Pizza Hut franchisee with roughly 80 locations, the property benefits from experienced management and consistent lease performance.

PERSONAL GUARANTY BY INDUSTRY VETERAN

Lease remaining term backed by an industry-leading franchise group with decades of operating history. The lease guarantor’s financial strength and operational expertise provide a secure guarantee on the lease.

SIMPLE SITE CONFIGURATION

Straightforward site layout allows for future re-tenanting or redevelopment as QSR, small-format retail, or medical services.

FRONTAGE ON HWY 62 IN MILITARY TOWN

Located on 29 Palms Highway with strong visibility and direct access to the nearby Marine Corps Air Ground Combat Center, the largest U.S. Marine base, which drives a stable employment and consumer base.

REGIONAL RETAIL CORRIDOR

The property is surrounded by banks, gas stations, grocery, and quick-service retail, reinforcing the property’s position as a core part of Twentynine Palms’ commercial corridor.

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Zoning

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CG CommercialGeneral CommercialGeneral Commercial
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Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Listing removed on
 BY:
RL
Renato Lorja PRO
LIC: CA 01940384
•••.•••.3700
••orja@••••••••••••.com
Brokerage logo
Listing removed on
 BY:
AG
Arbi Goce PRO
LIC: CA 01895830
•••.•••.3112
•goce@••••••••••••.com
Brokerage logo

Map

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