20610 Bear Valley RdApple Valley, CA 92308

Property Details for 20610 Bear Valley Rd

Year built

1996

Property size (Sq ft)

5,684 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

Prime Apple Valley, CA location, this freestanding 5,684 sq ft Burger King offers a stabilized, absolute NNN lease with a strong franchisee. Built in 1996, the property boasts 100% occupancy and a 5.69% cap rate, generating a $96,800 NOI. The lease, commencing October 1, 2011, and expiring October 31, 2026, includes four to five-year renewal options with 10% rent bumps every five years. Located at 20610 Bear Valley Rd, Apple Valley, CA 92308, this single-story building features 30 parking spaces, pylon and monument signage, and excellent visibility. The property benefits from high traffic counts and proximity to major retailers like Super Target and Walmart, as well as new residential developments and Interstate 15. The property is zoned for fast food restaurants with drive-thru access and includes a Kid's Club. This is a turnkey investment opportunity with significant upside potential due to the strong tenant, favorable lease terms, and prime location. The asking price is $1,700,000, representing a price per square foot of $299.09. The APN is 3087-641-12-0000.

Location Insight

City

Apple Valley

County

San Bernardino

State

California

Latitude

34.4718

Longitude

-117.214

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].