VICTORVILLE SHOPS STRIP CENTER | NNN LEASES | 12748 Amargosa Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
VICTORVILLE SHOPS STRIP CENTER | NNN LEASES 12748 Amargosa Rd
11,826 SF 100% Leased Retail Building Victorville, CA 92392 £4,246,304 (£359/SF) 6.54% Net Initial Yield
Investment Highlights
- 4-Tenant 100% Occupied with Synergistic Mix of National / Regional Tenants on NNN Leases w/ Rental Increases throughout the Initial Term.
- Strong Tenants - Sherwin Williams Ranked #178 on the Fortune 500 List, “BBB” by S&P’s & Annual Revenue of $23B+.
- Densely Populated and Affluent Area: Average Household Income of $84k+ within a 1-Mile Radius and 199k People Residing within a 5-Mile Radius.
- Positioned Along Area’s Major Traffic and Retail Corridor. Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 19k Vehicles.
- Arrowhead Credit Union is one of California’s fastest-growing financial institutions w/ $2.42B in Assets and Net Worth of $234M.
- Walking Distance from The Mall of Victor Valley - a Premier Shopping Center Anchored by Dick’s Sporting Goods, Macy’s, JCPenney, Cinemark and more.
Executive Summary
100% Occupied | Densely Populated and Affluent Area | Immediate Access to/from I-15 | Within Victorville’s Prominent Retail Trade Area | Near The Mall of Victor Valley | Minutes from Medical Center & Victor Valley College
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
11,826 SF
Building Class
B
Year Built
2007
Price
£4,246,304
Price Per SF
£359
Net Initial Yield
6.54%
NOI
£277,705
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.29
Land Acres
0.93 AC
Zoning
C-2
Parking
40 Spaces (3.38 Spaces per 1,000 SF Leased)
Frontage
216 ft on Amargosa Rd
Amenities
- Freeway Visibility
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 3093-101-10 | Improvements Assessment | £590,955 |
| Land Assessment | £1,050,879 | Total Assessment | £1,641,834 |
PROPERTY TAXES
Parcel Number
3093-101-10
Land Assessment
£1,050,879
Improvements Assessment
£590,955
Total Assessment
£1,641,834
-
Power Broker Alvin Mansour -
Christopher Talia -
The Mansour Group of Marcus & Millichap
1 of 10
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
VICTORVILLE SHOPS STRIP CENTER | NNN LEASES | 12748 Amargosa Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.