For Sale
$21,138,222
14426 Palmdale Rd Victorville, CA 92392
High-Yield, Long-Term Leases
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- Long-term leases (10-12+ years remaining) with CVS and Walgreens provide stable income.
- Investment-grade tenants (S&P BBB rating) ensure financial strength and operational stability.
- High-traffic locations on hard corners or in major retail corridors maximize visibility and accessibility.
- Limited competition in strategically selected locations enhances market share and profitability.
- Strong demographics with dense populations ensure a large customer base.
- Absolute NNN leases shift all operating expenses to the tenants, maximizing net returns.
Property Details for 14426 Palmdale Rd
- Property type
- Retail properties, Drug stores
- Square Feet
- 13,370 SF
- Class
- A
- Year Built
- 2009
- Buildings
- 3
- Stories
- 1
- Lot Size (sq. ft)
- 213,008 SF
Location Insight
- City
- Victorville
- County
- San Bernardino
- State
- California
- Latitude
- 34.5073789
- Longitude
- -117.3474381
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-Yield, Long-Term Leases
- Where is the retail property located?
- The property is located at 14426 Palmdale Rd Victorville, CA.
- What is the asking price?
- The asking price for this property is $21,138,222.
- What are key features of this property?
- This property features: Long-term leases (10-12+ years remaining) with CVS and Walgreens provide stable income.; Investment-grade tenants (S&P BBB rating) ensure financial strength and operational stability.; High-traffic locations on hard corners or in major retail corridors maximize visibility and accessibility.
- How can I contact the broker?
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