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57248 29 Palms Hwy - Desert Hills Plaza- 15,000 sq. ft space 15,000 SF Retail Condo Unit Offered at $1,300,000 in Yucca Valley, CA 92284
INVESTMENT HIGHLIGHTS
- Major Intersection
- Loading Dock
- Abundant Parking
EXECUTIVE SUMMARY
Desert Hills Plaza is home of many of your favorite retail tenants. Only 1 space left. 15,000 SF (divisible). Located at a major intersection, the center is ideal for a business wanting great visibility. Commercial Mixed-Use (C-MU) Zoning & General Plan Designation is Mixed Use. Click Here For Allowed Uses: https://codelibrary.amlegal.com/codes/yuccavalleyca/latest/yuccavalley_ca/0-0-0-14877#JD_9.09.020 City of Yucca Valley Planning Dept.: https://www.yucca-valley.org/our-town/departments/community-development/planning Zoning Codes Lookup: https://codelibrary.amlegal.com/codes/yuccavalleyca/latest/yuccavalley_ca/0-0-0-1 General Plan: https://www.yucca-valley.org/our-town/departments/community-development/planning/general-plan-update Town Hall consolidation project, all town administrative services will be moving to Town Hall in the coming years. Town Hall is West of this center. Tesla Charging station behind the Carl’s Jr. on site and currently being built out with plans to be operational mid-September 2022. In planning and engineering stages; a large aquatics center near Sage Avenue and Little League Drive. Job growth in Yucca Valley has increased 2.3% in the last year. Future job growth is predicted to reach 38.7% over the next ten years, higher than the US average of 33.5%.
PROPERTY FACTS Under Contract
| Price | $1,300,000 | Building Class | B |
| Unit Size | 15,000 SF | Floors | 1 |
| No. Units | 1 | Typical Floor Size | 43,920 SF |
| Total Building Size | 43,920 SF | Year Built | 1980 |
| Property Type | Retail (Condo) | Lot Size | 4.68 AC |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 14.91/1,000 SF |
| Sale Type | Investment or Owner User |
| Price | $1,300,000 |
| Unit Size | 15,000 SF |
| No. Units | 1 |
| Total Building Size | 43,920 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Sale Type | Investment or Owner User |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 43,920 SF |
| Year Built | 1980 |
| Lot Size | 4.68 AC |
| Parking Ratio | 14.91/1,000 SF |
1 UNIT AVAILABLE
Unit TBD
| Unit Size | 15,000 SF | Condo Use | Retail |
| Price | $1,300,000 | Sale Type | Investment or Owner User |
| Price Per SF | $86.67 | Sale Status | Under Contract |
| Unit Size | 15,000 SF |
| Price | $1,300,000 |
| Price Per SF | $86.67 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Sale Status | Under Contract |
DESCRIPTION
Some of the shopping centers highlights include:
Tesla Charging Stations
Major Intersection
Great Visibility
High Traffic Count
Abundant Parking
Spacious
Wide Open Suite
Former Furniture Store
Private Offices
Private Restroom
Storage Area
Rear Building Delivery and Staff Access
Loading Dock
SALE NOTES
Available for sale is 15,000 sq. ft. retail space out of the 43,920 sq. ft. shopping center.
Owner/Seller is doing a “parcel split” to separate the 15,000 sq. ft. from the rest of the 43,920 sq. ft.
Once the parcel split is complete, the 15,000 sq. ft. space will have it’s own address, APN, and the CC&R’s will be updated to reflect the change; title will also be updated.
The reason for the parcel split is we had more individuals interested in purchasing because they could use SBA financing.
MAJOR TENANT INFORMATION
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Toda Moda |
-
|
March 2009
|
| Superstar Video |
-
|
September 2019
|
| Lena Gel Nails & Spa |
-
|
February 2019
|
AMENITIES
- 24 Hour Access
- Bus Line
- Corner Lot
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Drive Thru
- Car Charging Station
- Monument Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
ZONING
| Zoning Code | C-MU (Commercial Mixed-Use (C-MU) & the General Plan Designation is Mixed Use) |
| C-MU (Commercial Mixed-Use (C-MU) & the General Plan Designation is Mixed Use) |
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57248 29 Palms Hwy - Desert Hills Plaza- 15,000 sq. ft space
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