Yucca Valley, CA 92284,57261 Twentynine Palms HWY #202

$170,000

Est. payment /mo

$189,800

10.4%
Est.Price: ?

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57261 Twentynine Palms HWY #202 Yucca Valley, CA 92284

1,306 Sqft Lot

SOLD DATE : 10/31/2014

Key Details

Sold Price $170,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CC334670

Sold Date 10/31/14

HOA Y/N No

Year Built 1994

Lot Size 1,306 Sqft

Property Description

Great return on investment with an 11.50+ CAP Rate. New Tenant, Hi Desert Medical Center. Lease is five one year contracts. Year one and two are at $2,500 monthly with COLA increases in year 3, 4 and 5. Part of a larger professional condo development that includes Hi Desert Medical, a dentist, an optometrist. CC&R`s only allow professional services. Space has five exam rooms, two offices, a receptionist area, and a waiting room. Great location on the Hwy Frontage road.. Comments Title: Professional Medical Office.

Location

State CA

County San Bernardino

Area Dc531 - Central East

Interior

Fireplace No

Building

Story 1

Others

Tax ID 0595192320000

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Robert Armstrong • GREEN Real Estate Group
Bought with General NONMEMBER • CRMLS

Edward Rodarte

Agent | License ID: 01293791

+1(626) 625-5184

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