57646 Twentynine Palms, Yucca Valley, CA 92284

Property Description

This offering is only for the Ross Dress for Less. This is an opportunity to acquire Ross Dress for Less, containing 17,554 square feet located in the Joshua Village Shopping Center, a 97,250 square foot grocery anchored shopping center in Yucca Valley, California. Joshua Village contains Vons, Ross Dress for Less, Aaron Rents, Big O Tires, Spectrum, Angel View, The UPS Store, Little Caesars, La Michoacana and others. It is one of the dominant centers in the trade area. Joshua Village is located along Twentynine Palms Highway, the main arterial between Yucca Valley and the Joshua Tree National Forest. The customer base includes the 25,000 residents as well as the 12,500 active duty military stationed at Twentynine Palms Marine Base, 24,000 family members and another 21,000 DoD/Contractors. Joshua Village also benefits from the more than 2.4 million visitors traveling to Joshua Tree National Forest annually, located 10 miles from the center. Ross Stores, Inc. is an S&P 500, Fortune 500, and Nasdaq 100 (ROST) company headquartered in Dublin, California, with fiscal 2021 revenues of $18.9 billion. Currently, the Company operates Ross Dress for Less® ("Ross"), the largest off-price apparel and home fashion chain in the United States with 1,649 locations in 40 states, the District of Columbia, and Guam. Ross offers first-quality, in-season, name brand and designer apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 60% off department and specialty store regular prices every day. The Company also operates 303 dd's DISCOUNTS® in 21 states that feature a more moderately priced assortment of first-quality, in-season, name brand apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 70% off moderate department and discount store regular prices every day.