54934 Twentynine Palms Hwy Yucca Valley, CA 92284 $699,800 (Pro forma 7.50% cap rate)

Proudly Offered By: BOB ARMSTRONG Broker Associate CA DRE #01275801 (769) 221-2999 7245 Joshua Lane Suite B CA DRE #01372842 Yucca Valley, CA 92284 PROPERTY SUMMARY

 4,200 square feet of rentable space  State Highway 62 frontage

 2.50 acre lot (108,900 square feet)  Living space w/ bathroom and kitchen

 Roll up delivery door in rear  Two sided billboard for income

 Multi use with retail and office space  Excellent condition inside and out

 6 offices  All spaces currently rented PRO FORMA MONTHLY ANNUAL Rent @ $1.25 per sq ft $5,250.00 $63,000

EXPENSES

Water $40.00 $480.00

Trash $61.00 $732.00 Landscape $25.00 $300.00 Repairs $100.00 $1,200.00 Insurance $200.00 $2,400.00 Taxes (Current) $427.00 $5,119.51 TOTAL EXPENSES $853.00 $10,231.51 GROSS INCOME $4,397.00 $52,768.49 PROXIMITY TO MARINE CORPS AIR GROUND COMBAT CENTER (MCAGCC) “29 PALMS” • THE LARGEST MILITARY TRAINING AREA IN THE NATION •GATEWAY TO JOSHUA TREE NATIONAL PARK, DOMINANT TOURIST DESTINATION • MINUTES FROM JOHNSON VALLEY OFF-ROAD RECREATION AREA

Yucca Valley is a town in San Bernardino County, California and has a population of approxi- mately 22,000 residents. Bordered in the west by the San Bernardino Mountains and in the south by the Joshua Tree National Park, the Yucca Valley community is located in the Mojave Desert at roughly 3,300 feet above sea level, offering all the beauty of the low desert, with the seasonable benefits of being part of the high desert. and lies 27 miles north of Palm Springs, 62 miles south of Barstow, and 55 miles east of San Bernardino. Yucca Valley has two major means of highway ac- cess; State Route 62 (Twentynine Palms Highway) runs east-west and is the main thoroughfare through town and termi- nates at the south end at Interstate 10 and Parker Dam on the Arizona border at the east end. State Route 247 (Old Woman Springs Road) begins in Yucca Valley and extends north through Barstow and terminates at Interstate 15. The Marine Corps Air Ground Combat Center (MCAGCC), also known as 29 Palms, is the United States Marine Corps’ largest base. It is located adjacent to the city of Twentynine Palms in south- ern San Bernardino County, California, just North of Joshua Tree Na- tional Park, but in the middle of the Mojave Desert. The 29 Palms base is currently home to the largest military training area in the na- tion (and the largest US base in the world), and consequently, the largest training program. The program known as Mojave Viper be- came the model of pre-Operation Iraqi Freedom deployment training with live fire exercises, artillery, tank, and close air support training. The population of 29 Palms is the largest and includes 12,500 active duty, 24,000 family members, and another 21,000 DoD/Contractors. Because Southern California is a popular retirement location, 29 Palms has about 1,200 retirees in the area. Yucca Valley is the gateway to Joshua Tree National Park and the economic hub for the Morongo Basin. Joshua Tree National Park has become one of the most popular tourist destinations in the state and set a new attendance record again in 2017 with more than 2.8 million visitors - the fourth consecutive record-setting year. Joshua Tree National Park encompasses approximately 800,000 acres of desert land. Famous for its biodiversity, Joshua Tree is home to more than 800 different plant species. Hik- ing trails are by far the primary attraction at Joshua Tree, with popular hikes including the Lost Horse Mine, a historical mine located inside the National Park and Carey’s Castle, a series of abandoned caverns that were once inhabited by squatters who worked in the nearby mines. Joshua Tree is well known for its naturally dark night skies, which are far away from and largely free of the light pollution typical in the coastal urban areas. The park’s elevation and dry desert air, along with the relatively stable atmosphere in the region, often make for excellent astronomical seeing conditions.

Yucca Valley is located minutes away from the Johnson Valley Off-Highway Vehicle (OHV) Recreation Area, a world-famous off-road vehicle area that offers outstanding trails for competitive off-highway motorcycle racing, enduro and trial events, and day play-riding. Most visitors tour the area in four-wheel drive vehicles. Sloping bajadas, narrow canyons, flat dry lakes, sand dunes, and twisting trails through low rocky mountains provide a variety of experiences for all levels of riders.