For Sale
$5,925,000

14444 Atstar St Victorville, CA 92395

Prime Victorville Shopping Center, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 86,628-square-foot shopping center in Victorville, California, presents a compelling value-add investment opportunity. Located at 14444 Atstar Street, this single-story, 1989-built property sits on a substantial 281,045-square-foot lot and is currently vacant. The asking price is $5,925,000, translating to $68.40 per square foot. The land value alone is $24.90 per square foot, offering significant potential for future development or repositioning. The property boasts high visibility and accessibility, shadowing a Costco and benefiting from its proximity to the 15 freeway. This location within a thriving retail corridor ensures high traffic and customer exposure. The property's previous tenant was a national credit tenant, demonstrating its suitability for a variety of retail uses. The property is zoned for retail use and offers an assemblage opportunity with neighboring parcels. This presents a unique chance for investors or owner-operators to capitalize on the strong retail market and create substantial returns. The low price per square foot makes this a particularly attractive investment, offering considerable upside potential.

Highlights

  • Excellent freeway access via the 15 Freeway, with adjacency to a Costco.
  • Opportunity to acquire an assemblage, including a shopping center and a single-tenant building, either together or individually.
  • Attractive price per square foot presents significant upside potential for investors and owner-operators.
  • Exceptional street frontage and high visibility.

Property Details for 14444 Atstar St

Property type
Lifestyle centers, Power centers
Square Feet
86,628 SF
Year Built
1989
Buildings
1
Stories
1
Units
1

Location Insight

City
Victorville
County
San Bernardino
State
California
Latitude
34.5128845
Longitude
-117.3199608

FAQs

What type of property is this?
Lifestyle center - Prime Victorville Shopping Center, Value-Add Opportunity
Where is the lifestyle center located?
The property is located at 14444 Atstar St Victorville, CA.
What is the asking price?
The asking price for this property is $5,925,000.
What are key features of this property?
This property features: Excellent freeway access via the 15 Freeway, with adjacency to a Costco.; Opportunity to acquire an assemblage, including a shopping center and a single-tenant building, either together or individually.; Attractive price per square foot presents significant upside potential for investors and owner-operators.
How can I contact the broker?
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14444 Atstar St
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