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PRIME Joshua Tree Build-to-Suit Retail 62045 Twentynine Palms Hwy
4,000 - 9,848 SF of 4-Star Retail Space Available in Joshua Tree, CA 92252
Highlights
- High Traffic Count with 18,000 AADT (2019 Caltrans)
- Opportunities to reconfigure for specific tenant use
- All surveys / geotechnical / site plans / environmental / phase I completed - ready to draw up for tenant's specific use and submit.
- Entire Freestanding Block bounded by Valley View Street & Mountain View Street
- Brand new development with a well funded developer
- TI monies and rent abatement for well qualified tenants
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
1st Floor | 4,000-9,848 SF | 14’ - 18’ | 3-10 Years | $27.60 /SF/YR $2.30 /SF/MO $271,805 /YR $22,650 /MO | Net |
1st Floor
Real project, development has preliminary site plan. This project is composed of three parcels and covers the entire block. Proposed construction type - Slab on grade / metal stud / truss with skylights and 18’ to 22’ proposed ceiling heights
- Lease rate does not include certain property expenses
- Highly Desirable End Cap Space
- High End Trophy Space
- Central Air Conditioning
- Finished Ceilings: 14’ - 18’
- SOG construction with metal stud or CMU block
- Fenestration to tenant's requirements per design
- 18' to 22' total building height (s. t. approval)
- TI dollars available to well qualified tenants
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
PROPERTY FACTS FOR 62045 Twentynine Palms Hwy , Joshua Tree, CA 92252
Min. Divisible | 4,000 SF | Gross Leasable Area | 9,848 SF |
Property Type | Retail | Parking Ratio | 5/1,000 SF |
Property Subtype | Freestanding | Construction Status | Proposed |
Min. Divisible | 4,000 SF |
Property Type | Retail |
Property Subtype | Freestanding |
Gross Leasable Area | 9,848 SF |
Parking Ratio | 5/1,000 SF |
Construction Status | Proposed |
About the Property
Built to suit opportunity featuring up to 9,848 sf of stand alone retail space. This building sits on 1.43 acres of land and is set to break ground Q1 of 2022. East West Commercial Real Estate is pleased to exclusively offer this prime opportunity for a single or multiple concepts to occupy up to +/- 9,848 RSF with unparalleled visibility and access on Twentynine Palms Highway in Joshua Tree, CA. **Call to discuss rate and term expectations: 213.309.3279** The site is for Lease on a Build-to-Suit basis with tenant improvements available for qualified tenants. Unlike other proposed projects in the high desert, the developer of the subject property has undertaken full preconstruction due diligence including tentative site plans, civil engineering, and environmental reports in order to deliver a shell space ready for a tenant’s specific improvements in approximately 12 months. The developer employs a best-in-class team comprised of LDA Architecture (www.LDAArchitecture.com) and Kimley-Horn Civil Engineers (www.Kimley-Horn.com). **Address is approximate; APNs are 0603-205-01-0000, -02-0000, and -03-0000 (San Bernardino County) This opportunity is located in close proximity to a conservatively growing roster of amenities to serve the local population as well as the approximately 3 million annual tourists that come to the California high desert to visit Joshua Tree National Park. The Joshua tree area has benefitted from experiencing a new wave of tourism and relocations due to COVID and visitors and transplants' desire to have more open space. This property is the last opportunity in downtown near the Park entrance There is no fast food in Joshua Tree Yucca valley to the east has services for 25000, which is limited in scope for the 3 Million+ annual visitors that come from around the world Joshua tree is an eco resort upscale attraction for all ages The "glamping" lifestyle company AutoCamp is under construction for delivery 4Q 2021 almost adjacent to site, catering to the higher end clientele of Joshua Tree, with locations in Yosemite, Zion, the Russian River, Cape Cod, and the Catskill mountains. There are limited services nearby to service a higher end clientele that continues to vacation and live in this region Broker of Record: East West Commercial Real Estate - Michael Duhs - CA DRE# 00864495
- 24 Hour Access
- Signage
- Air Conditioning
Learn More About Leasing Retail Properties
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PRIME Joshua Tree Build-to-Suit Retail | 62045 Twentynine Palms Hwy
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