Investment Overview

Apple Valley is an incorporated town of approximately 75,800 residents (2020 census) in the Victor Valley of San Bernardino County’s High Desert region, one of only 22 California municipalities to use “town” rather than “city” in its official name. Incorporated in 1988, the town sits alongside Victorville and Hesperia, together forming a broader Victor Valley trade area with a combined regional population estimated at more than 400,000. Average household income in Apple Valley runs above $94,000, supported by roughly 25,800 households across the town. The subject property sits directly on Bear Valley Road, Apple Valley’s primary east-west retail corridor, which connects to Interstate 15 at Exit 147 and carries tens of thousands of vehicles daily past a dense mix of national retailers, grocery anchors, and quick-service tenants. The corridor benefits from proximity to Providence St. Mary Medical Center, a 213-bed hospital and one of the region’s largest employers, along with Victor Valley College, a public two-year institution enrolling more than 10,000 students. The broader Victor Valley has also emerged as a significant logistics and manufacturing hub, anchored by the Southern California Logistics Airport in neighboring Victorville, home to Amazon, Boeing, GE Aviation, and other major employers generating thousands of regional jobs. Apple Valley itself has attracted large-scale industrial investment under its North Apple Valley Industrial Specific Plan, reinforcing sustained population and employment growth throughout the corridor. Beyond commerce, Apple Valley averages roughly 350 sunny days per year and sits within an hour of mountain, ski, and desert recreation areas, supporting an active, family-oriented consumer base throughout the trade area.