17180 Bear Valley Rd Victorville, CA 92392
High-yield retail center, strong tenants.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- Prime retail location in Victorville, CA, on Bear Valley Rd (43,515 VPD) and near Hesperia Rd (24,238 VPD).
- Strong tenant base, including Five Below and Children's Choice Dental Care, with 92% occupancy.
- Long-term leases in place, including a recently signed 10-year lease and another extending to December 2030.
- Attractive financials: $3,840,000 price, 6.75% cap rate, and $259,224 NOI.
- Triple-net (NNN) lease structure with corporate guarantees, minimizing landlord responsibilities.
- Convenient access to Interstate 15.
Property Details for 17180 Bear Valley Rd
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 16,314 SF
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 90,605 SF
- Units
- 3
Location Insight
- City
- Victorville
- County
- San Bernardino
- State
- California
- Latitude
- 34.471978900793
- Longitude
- -117.28783179095
Nearby Similar for Sale
FAQs
- What type of property is this?
- Lifestyle center - High-yield retail center, strong tenants.
- Where is the lifestyle center located?
- The property is located at 17180 Bear Valley Rd Victorville, CA.
- What is the asking price?
- The asking price for this property is $3,840,000.
- What are key features of this property?
- This property features: Prime retail location in Victorville, CA, on Bear Valley Rd (43,515 VPD) and near Hesperia Rd (24,238 VPD).; Strong tenant base, including Five Below and Children's Choice Dental Care, with 92% occupancy.; Long-term leases in place, including a recently signed 10-year lease and another extending to December 2030.
- How can I contact the broker?
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