Listing banner image
  • Property Type
    RetailProperty Type
  • Occupancy
    0%Occupancy
  • Year Renovated
    2019Year Renovated
  • Asking Price
    $3,501,466Asking Price
  • Traffic Count
    40162Traffic Count
  • NOI
    $210,088NOI

Description

14554 Seventh Street in Victorville, CA, offers a prime retail investment opportunity with a stabilized cap rate of 6.00% and an NOI of $210,088. The property, built in 1968 and renovated in 2019, comprises 7,359 square feet of gross leasable area on a 0.54-acre site with surface parking.

Its competitive price of $3,501,466 translates to $476 per square foot, presenting a strong value proposition for investors seeking retail assets in established markets. Located in a high-traffic corridor with a traffic count exceeding 40,000 vehicles per day, the property benefits from excellent...

Documents

Offering Summary

  • Asking Price
    $3,501,466
  • Price PSF
    $476
  • Property Type
    Retail
  • Size
    7,359 SF
  • Available
    7,359 SF
  • Built
    1968
  • Parking
    Surface
  • Total Acres
    ~0.54 ac

Sale Details

  • Walt
    6.40 Years
  • Cap Rate
    6.0%
  • NOI
    $210,088
  • In-Place Cap Rate
    6.0%
  • In-Place NOI
    $210,088
  • GRM
    16.90

Documents

Property Address

14554 Seventh Street
Victorville, CA 92395

Deal Team

Pablo Rodriguez profile image
Pablo Rodriguez
First Vice President First Vice President
CA RE Lic. 01870757

Description

14554 Seventh Street in Victorville, CA, offers a prime retail investment opportunity with a stabilized cap rate of 6.00% and an NOI of $210,088. The property, built in 1968 and renovated in 2019, comprises 7,359 square feet of gross leasable area on a 0.54-acre site with surface parking.

Its competitive price of $3,501,466 translates to $476 per square foot, presenting a strong value proposition for investors seeking retail assets in established markets. Located in a high-traffic corridor with a traffic count exceeding 40,000 vehicles per day, the property benefits from excellent...

Documents

Offering Summary

  • Asking Price
    $3,501,466
  • Price PSF
    $476
  • Property Type
    Retail
  • Size
    7,359 SF
  • Available
    7,359 SF
  • Built
    1968
  • Parking
    Surface
  • Total Acres
    ~0.54 ac

Sale Details

  • Walt
    6.40 Years
  • Cap Rate
    6.0%
  • NOI
    $210,088
  • In-Place Cap Rate
    6.0%
  • In-Place NOI
    $210,088
  • GRM
    16.90

Documents

Property Address

14554 Seventh Street
Victorville, CA 92395

Deal Team

Pablo Rodriguez profile image
Pablo Rodriguez
First Vice President First Vice President
CA RE Lic. 01870757
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