Investment Highlights
An absolute NNN single-tenant Black Bear Diner in Yucca Valley
10% rental increases during the primary term and option periods provide investors with a hedge against inflation
The subject property is ideally located on 29 Palms Highway just 10 miles from Joshua Tree National Park ? one of the most famous national park sites
13+ years remaining in the primary term with three, 5-year options to extend the lease
Replaceable rent ? $23.66/SF
Yucca Valley Airport and nearby Twentynine Palms Airport funnel Joshua Tree tourists to the numerous hotels/rental properties in Yucca Valley
Executive Summary
An absolute NNN Black Bear Diner with 13+ years remaining in the primary term of the lease which features 10% rental increases every 5 years and three, 5-year options to extend the lease term. The subject property is located just 10 miles from Joshua Tree National Park ? 3,000,000+ annual visitors.
