Investment Overview

This prime retail property in Yucca Valley, California, enjoys a highly visible location along the 29 Palms Highway, a major route connecting Palm Springs, CA, to Parker, AZ, with a traffic count of 26,617 vehicles per day. Positioned near the entrance to Joshua Tree National Park, which attracts over 3.2 million visitors annually, the site benefits from both local traffic and tourism. The property is located on a signalized hard corner, adjacent to popular shopping centers anchored by Vons and Aldi, and surrounded by a strong mix of national tenants, including Starbucks, McDonald’s, Applebee’s, Rite Aid, Napa, and Five Star Gym & Fitness, creating a dynamic retail environment. The property is secured with an absolute NNN lease, placing no responsibilities on the landlord. The tenant, Tacos Verdes, recently signed a 10-year lease renewal, demonstrating their long-term commitment to the location. Previously home to a Del Taco for over 35 years, the site continues to generate above-average sales. Del Taco, which is now part of the Jack in the Box brand following its 2022 acquisition, has over 600 locations across 16 states and remains a leader in the fast-food Mexican market. In 2024, USA Today’s 10 Best Reader’s Choice Awards recognized Del Taco as the No. 1 Best Fast Food Restaurant in the Nation, further strengthening the appeal of this high-performing location.