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12180 Amargosa Rd
Victorville, CA 92392

Red Lobster · Retail Property For Sale

Investment Highlights

  • Long-Term Lease - 16+ Years Remaining on the Primary Term With 4 x 5 Year Options to Extend
  • Absolute Triple Net (NNN) Lease - Zero Landlord Responsibilities
  • Long-Term Operating History - Tenant Has Been at This Location For Over 31 Years, Showing Commitment to the Site
  • Attractive 2% Annual Rental Increases, Providing for a Hedge Against Inflation
  • Corporate Guarantor - Red Lobster Was Recently Acquired By Thai Union Group, a Multi-Billion Dollar International Corporation
  • Conveniently Located Off the I-15 Freeway and Bear Valley Road Exit Which Sees a Combined Traffic Count of Over 160,000 VPD

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
8,360 SF
Building Class
B
Year Built
1992
Tenancy
Single
Number of Floors
1
Building FAR
0.14
Lot Size
1.36 AC
Parking
35 Spaces (4.19 Spaces per 1,000 SF Leased)
Frontage
164 ft on Amargosa

Amenities

  • Bus Route
  • Dedicated Turn Lane
  • Freeway Visibility

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3093-181-08
Land Assessment
£995,557
Improvements Assessment
£3,925,212
Total Assessment
£4,920,769
  • Listing ID: 28504238

  • Date on Market: 17/05/2023

  • Last Updated:

  • Address: 12180 Amargosa Rd, Victorville, CA 92392

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