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Shopping Strip

Sherwin Williams Anchored Strip | Unobstructed Frontage on I-15 | 100% Occupied - NNN Leases

12748 Amargosa Rd, Victorville (San Bernardino), CA 92392

Listing Price: $5,375,000

Cap Rate
6.54%
Gross SF
11,826
Rentable SF
11,826
Price/Gross SF
$454.51
Lot Size
0.93 acres
Year Built
2007

Investment Overview

Victorville is a city in Victor Valley in San Bernardino County, California. Its population as of the 2020 census was 134,810. Victorville is the principal city of a Victor Valley–based urban area defined by the United States Census Bureau: the Victorville–Hesperia–Apple Valley urban area had a population of 355,816 as of the 2020 census, making it the 117th largest in the United States. San Bernardino County, officially the County of San Bernardino, is a county located in the southern portion of the U.S. state of California, and is located within the Inland Empire area. As of the 2020 U.S. Census, the population was 2,181,654, making it the fifth-most populous county in California and the 14th-most populous in the United States. The county seat is San Bernardino. While included within the Greater Los Angeles area, San Bernardino County is included in the Riverside–San Bernardino–Ontario metropolitan statistical area.

Investment Highlights

  • 4-Tenant 100% Occupied with Synergistic Mix of National / Regional Tenants on NNN Leases w/ Rental Increases throughout the Initial Term.
  • Positioned Along Area's Major Traffic and Retail Corridor. Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 19k Vehicles. Immediate Access to/from I-15 (115k+ VPD).
  • Densely Populated and Affluent Area: Features an Average Household Income of $84k+ within a 1-Mile Radius and more than 199k People Residing within a 5-Mile Radius.
  • Strong Tenants - Sherwin Williams Ranked #178 on the Fortune 500 List, "BBB" by S&P's & Annual Revenue of $23B+. Arrowhead Credit Union is one of California's fastest-growing financial institutions w/ $2.42B in Assets and Net Worth of $234M.
  • In Close Proximity to Desert Valley Hospital - an 148-Bed Osteopathic Acute Care Facility, serving the Victor Valley Region of the South-Central Mojave Desert.
  • Minutes from Victor Valley College - a 253-Acre Public Community College and part of the California Community College System. It Currently has more than 11,500 Students Enrolled.
  • Walking Distance from The Mall of Victor Valley - a Premier Shopping Center Anchored by Dick's Sporting Goods, Macy's, JCPenney, Cinemark and features more than 120 Retail Stores & Restaurants.
  • Within Victorville's Prominent Retail Trade Area – Prime Destination for Major National Retailers like Kohl's, Walmart Supercenter, Lowe's, Best Buy, Hobby Lobby, Sprouts, The Home Depot, Big 5 Sporting Goods, Michaels, and more. Victorville Named Top 100 Boomtowns in America by SmartAsset – Ranked #13 for 2023, Victorville saw 11.18% Population Growth, a 12.7% increase in Businesses, and a 15.45% rise in Housing Units.

Exclusively Listed By

Financing By

Shopping Strip

Sherwin Williams Anchored Strip | Unobstructed Frontage on I-15 | 100% Occupied - NNN Leases

Listing Price: $5,375,000

Cap Rate
6.54%
Gross SF
11,826
Rentable SF
11,826
Price/Gross SF
$454.51
Lot Size
0.93 acres
Year Built
2007

Investment Highlights

  • 4-Tenant 100% Occupied with Synergistic Mix of National / Regional Tenants on NNN Leases w/ Rental Increases throughout the Initial Term.
  • Positioned Along Area's Major Traffic and Retail Corridor. Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 19k Vehicles. Immediate Access to/from I-15 (115k+ VPD).
  • Densely Populated and Affluent Area: Features an Average Household Income of $84k+ within a 1-Mile Radius and more than 199k People Residing within a 5-Mile Radius.
  • Strong Tenants - Sherwin Williams Ranked #178 on the Fortune 500 List, "BBB" by S&P's & Annual Revenue of $23B+. Arrowhead Credit Union is one of California's fastest-growing financial institutions w/ $2.42B in Assets and Net Worth of $234M.
  • In Close Proximity to Desert Valley Hospital - an 148-Bed Osteopathic Acute Care Facility, serving the Victor Valley Region of the South-Central Mojave Desert.
  • Minutes from Victor Valley College - a 253-Acre Public Community College and part of the California Community College System. It Currently has more than 11,500 Students Enrolled.
  • Walking Distance from The Mall of Victor Valley - a Premier Shopping Center Anchored by Dick's Sporting Goods, Macy's, JCPenney, Cinemark and features more than 120 Retail Stores & Restaurants.
  • Within Victorville's Prominent Retail Trade Area – Prime Destination for Major National Retailers like Kohl's, Walmart Supercenter, Lowe's, Best Buy, Hobby Lobby, Sprouts, The Home Depot, Big 5 Sporting Goods, Michaels, and more. Victorville Named Top 100 Boomtowns in America by SmartAsset – Ranked #13 for 2023, Victorville saw 11.18% Population Growth, a 12.7% increase in Businesses, and a 15.45% rise in Housing Units.

Investment Overview

Victorville is a city in Victor Valley in San Bernardino County, California. Its population as of the 2020 census was 134,810. Victorville is the principal city of a Victor Valley–based urban area defined by the United States Census Bureau: the Victorville–Hesperia–Apple Valley urban area had a population of 355,816 as of the 2020 census, making it the 117th largest in the United States. San Bernardino County, officially the County of San Bernardino, is a county located in the southern portion of the U.S. state of California, and is located within the Inland Empire area. As of the 2020 U.S. Census, the population was 2,181,654, making it the fifth-most populous county in California and the 14th-most populous in the United States. The county seat is San Bernardino. While included within the Greater Los Angeles area, San Bernardino County is included in the Riverside–San Bernardino–Ontario metropolitan statistical area.

Exclusively Listed By

Financing By

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