Skip to main content

Shopping Strip

Escondido Plaza Shops

13368 Main St, Hesperia, CA 92345

Listing Price: $4,683,000

Cap Rate
5.75%
Gross SF
7,000
Rentable SF
7,000
Price/Gross SF
$669.00
Lot Size
0.88 acres
Year Built
2017

Investment Overview

Marcus & Millichap is pleased to present for sale Escondido Plaza Shops in Hesperia, CA, 100 percent leased by T-Mobile, Marco's Pizza, and Western Dental.

Hesperia is a growing city in San Bernardino County, California, located in the High Desert region of the Mojave Desert. The city lies roughly 35 miles north of San Bernardino, 40 miles from Ontario, and 75 miles northeast of Los Angeles, giving residents access to major employment centers while maintaining a more affordable suburban lifestyle.

Investment Highlights

  • 100 Percent Leased to a Diverse Mix of Tenants: T-Mobile, Marco's Pizza, and Western Dental
  • All NNN, ±10-Year Leases with Regularly-Occurring Rental Increases
  • Located within Escondido Plaza Shopping Center, Shadow-Anchored by ALDI and Directly Across from a Super Walmart-Anchored Power Center
  • Excellent Frontage Along Main Street in Hesperia's Primary Retail Thoroughfare, Accessible by ±32,000 Cars per Day
  • Growing Trade Area with 130,673 Residents within a Five-Mile Radius
  • Average Household Income Exceeds $102,000 in the Immediate Area
  • Prime Location Just Off Interstate 15, One of Southern California's Primary North-South Transportation Corridors
  • Adjacent to the Future Location of Brightline West, America's First High-Speed Rail System that Will Connect Las Vegas to Southern California - Subject Property is Two Miles from the Hesperia Station

Exclusively Listed By

Broker of Record

  • Tony Solomon

    Senior Managing Director, Market Leader - Los Angeles

    (310) 909-5450

    License(s) CA: 01238010

    California

Financing By

Shopping Strip

Escondido Plaza Shops

Listing Price: $4,683,000

Cap Rate
5.75%
Gross SF
7,000
Rentable SF
7,000
Price/Gross SF
$669.00
Lot Size
0.88 acres
Year Built
2017

Investment Highlights

  • 100 Percent Leased to a Diverse Mix of Tenants: T-Mobile, Marco's Pizza, and Western Dental
  • All NNN, ±10-Year Leases with Regularly-Occurring Rental Increases
  • Located within Escondido Plaza Shopping Center, Shadow-Anchored by ALDI and Directly Across from a Super Walmart-Anchored Power Center
  • Excellent Frontage Along Main Street in Hesperia's Primary Retail Thoroughfare, Accessible by ±32,000 Cars per Day
  • Growing Trade Area with 130,673 Residents within a Five-Mile Radius
  • Average Household Income Exceeds $102,000 in the Immediate Area
  • Prime Location Just Off Interstate 15, One of Southern California's Primary North-South Transportation Corridors
  • Adjacent to the Future Location of Brightline West, America's First High-Speed Rail System that Will Connect Las Vegas to Southern California - Subject Property is Two Miles from the Hesperia Station

Investment Overview

Marcus & Millichap is pleased to present for sale Escondido Plaza Shops in Hesperia, CA, 100 percent leased by T-Mobile, Marco's Pizza, and Western Dental. Hesperia is a growing city in San Bernardino County, California, located in the High Desert region of the Mojave Desert. The city lies roughly 35 miles north of San Bernardino, 40 miles from Ontario, and 75 miles northeast of Los Angeles, giving residents access to major employment centers while maintaining a more affordable suburban lifestyle.

Exclusively Listed By

Broker of Record

  • Tony Solomon

    Senior Managing Director, Market Leader - Los Angeles

    (310) 909-5450

    License(s): CA: 01238010

    California

Financing By

MM Texture Background
MM Textured Background Lower