14895 Bear Valley RdHesperia, CA 92345

  • Retail properties
  • 6,193 SF
For Sale
$1,900,000 View listing

Property Details for 14895 Bear Valley Rd

Year built
1986
Property size (Sq ft)
6,193 SF
Property type
Retail properties
Property subtype
Lifestyle centers

Description

This exceptional 6,193 square foot shopping center, known as Cottonwood Plaza, presents a compelling investment opportunity in Hesperia, California. Located at the signalized corner of Bear Valley Road and Cottonwood Road, this single-story, 1986-built property boasts high visibility, being less than a quarter-mile from the I-15 freeway in the rapidly growing High Desert region. The property features nine retail units, currently 88.7% occupied by six tenants under NNN leases. The center offers ample parking and prominent monument signage, ideal for attracting customers. With a total lot size of 21,000 square feet and zoned for general commercial use, this property offers significant upside potential for rental income. The asking price is $1,900,000, representing a 7.10% capitalization rate. This is an excellent opportunity for both investors seeking strong returns and owner-users looking to expand their business portfolio. The property's APN is 0406-021-16. No tenant credit rating is available. This sale is offered by the owner.

14895 Bear Valley Rd, Hesperia, California

Location Insight

City
Hesperia
County
San Bernardino
State
California
Latitude
34.4698
Longitude
-117.339

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