Skip to main content

Shopping Strip

Bear Valley Commons

14788 Bear Valley Rd, Victorville, CA 92395

Listing Price: $5,282,780

Cap Rate
5.00%
Gross SF
4,664
Rentable SF
4,664
Price/Gross SF
$1,132.67
Lot Size
1.17 acres
Year Built
2021

Investment Overview

Marcus & Millichap is pleased to present a newly constructed 4-tenant NNN retail property in Victorville, California. The real
estate consists of a 4,664 of improvements sitting on 2.31-acre parcel, fronting Bear Valley Road. The building is a well-designed prototypical
retail property featuring Dutch Brothers Coffee on the end cap with a double drive-through. In addition to Dutch Bros. Coffee,
the tenant roster consists of Jersey Mikes, Cricket Wireless and The Buffalo Spot on long term NNN leases. All tenants have rental increases
thorough out their lease term and options providing increasing cash flow and returns.
This location on Bear Valley Road adjacent to the I-15 freeway on ramp experiences 62,700 and 100,000 cars per day respectively.
Bear Valley Road is the one of most highly traveled commuter roads in the High Desert and home to an abundant number of
restaurants and retailers. Some of the nearby retailers include Carls Jr., McDonalds, Starbucks, Popeyes, Panda Express, Burger King
and the Home Depot, showing the strength of this location.
Victorville is the business hub of the area and draws consumers from well beyond its immediate area. It is the largest commercial
center between San Bernardino and the Nevada border. The city of Victorville is home to a large and diverse pool of workers and
is home to 34 universities, colleges and technical schools providing an abundant supply of skilled labor. Victorville has experienced
tremendous growth over the last decade with the population increasing over 117% since 2000 and a projected 20% growth over the next
five years. There are 15,663 homes planned in the Victor Valley region and the area has seen a 35% growth in new home permits in 2019.

Investment Highlights

  • Brand New Construction with Warranties
  • Rental Increases through Term with all Tenants
  • 4 NNN Tenants
  • Dutch Bros. Coffee with Double Drive-Through
  • Bear Valley Road - 62,700 Cars I-15 Freeway Adjacent 100,000

Exclusively Listed By

Listing Price: $5,282,780

Cap Rate
5.00%
Gross SF
4,664
Rentable SF
4,664
Price/Gross SF
$1,132.67
Lot Size
1.17 acres
Year Built
2021

Investment Highlights

  • Brand New Construction with Warranties
  • Rental Increases through Term with all Tenants
  • 4 NNN Tenants
  • Dutch Bros. Coffee with Double Drive-Through
  • Bear Valley Road - 62,700 Cars I-15 Freeway Adjacent 100,000

Investment Overview

Marcus & Millichap is pleased to present a newly constructed 4-tenant NNN retail property in Victorville, California. The real
estate consists of a 4,664 of improvements sitting on 2.31-acre parcel, fronting Bear Valley Road. The building is a well-designed prototypical
retail property featuring Dutch Brothers Coffee on the end cap with a double drive-through. In addition to Dutch Bros. Coffee,
the tenant roster consists of Jersey Mikes, Cricket Wireless and The Buffalo Spot on long term NNN leases. All tenants have rental increases
thorough out their lease term and options providing increasing cash flow and returns.
This location on Bear Valley Road adjacent to the I-15 freeway on ramp experiences 62,700 and 100,000 cars per day respectively.
Bear Valley Road is the one of most highly traveled commuter roads in the High Desert and home to an abundant number of
restaurants and retailers. Some of the nearby retailers include Carls Jr., McDonalds, Starbucks, Popeyes, Panda Express, Burger King
and the Home Depot, showing the strength of this location.
Victorville is the business hub of the area and draws consumers from well beyond its immediate area. It is the largest commercial
center between San Bernardino and the Nevada border. The city of Victorville is home to a large and diverse pool of workers and
is home to 34 universities, colleges and technical schools providing an abundant supply of skilled labor. Victorville has experienced
tremendous growth over the last decade with the population increasing over 117% since 2000 and a projected 20% growth over the next
five years. There are 15,663 homes planned in the Victor Valley region and the area has seen a 35% growth in new home permits in 2019.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower