Investment Overview

The subject property is a corporately backed Triple-Net Dollar Tree investment located in Twentynine Palms, California. Located on 29 Palms Highway (+15,500 VPD) the subject property has exceptional visibility and is conveniently located for customers. The property sits on a 15,506-square-foot lot and is located in a large 90,000-square-foot retail plaza with major tenants such as Stater Bro., Burger King, and Total Fitness Gym. Dollar Tree has over five and a half years remaining on the lease after recently exercising their 5 option period and the tenant has two additional five-year options. Twentynine Palms is a captivating desert city nestled in San Bernardino County, California, and serves as the gateway to the picturesque Joshua Tree National Park. With a population of approximately 25,000 residents, this tranquil oasis offers a myriad of highlights and attractions. Nature enthusiasts are drawn to the city's abundance of outdoor activities, including hiking, rock climbing, and stargazing amidst the stunning rock formations and expansive desert landscapes. The city also boasts a thriving artistic community, with galleries and art festivals showcasing the talents of local artists. Additionally, Twentynine Palms is home to the renowned Marine Corps Air Ground Combat Center, which contributes to the city's vibrant military presence. The Twentynine Palms Marine Base, officially known as the Marine Corps Air Ground Combat Center (MCAGCC), is a prominent military installation located near the city of Twentynine Palms in California. Spanning over 998 square miles, it is one of the largest Marine Corps bases in the world. The base serves as a premier training facility for both ground and air combat operations, providing realistic and challenging exercises to enhance the readiness of military personnel. With an average annual population of around 8,000 active-duty Marines, along with their families and support staff, the base plays a vital role in the local community's economy. It houses various training facilities, including mock urban environments, live-fire ranges, and an expansive desert landscape that closely replicates real-world combat scenarios. The Twentynine Palms Marine Base serves as a testament to the dedication and preparedness of the United States Marine Corps, contributing significantly to the nation's defense capabilities