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McDonald's 13625 Bear Valley Rd

3,886 SF Retail Building Victorville, CA 92392 £2,017,685 (£519/SF) 4.10% Net Initial Yield

Investment Highlights

  • Absolute NNN corporate ground lease; no landlord responsibilities
  • Drive-thru equipped; on average, stores with drive-thru’s experience higher sales than those without
  • Highly sustainable, below market rent for a solid Inland Empire location

Executive Summary

The Newmark Capital Markets team is pleased to present a rare investment opportunity: the acquisition of an exceptional single-tenant NNN McDonald’s asset prominently situated along Bear Valley Road in Victorville, California. The lease for this property is backed by a corporate guarantee from McDonald’s USA, LLC. The building was constructed in 2009 and features double ordering drive-through lanes. It operates under a triple net (NNN) ground lease, relieving the landlord of any responsibilities. The tenant assumes all maintenance, repairs, replacements, insurance, taxes, and utilities.
There are currently 5 years remaining on the lease, with four options for renewal, each lasting five years. Rent increases by 10% every five years.
This McDonald’s benefits from its proximity to the Mall of Victor Valley, a fully occupied shopping destination featuring top national retailers. The mall's popularity ensures a steady stream of shoppers, driving significant foot traffic to the nearby McDonald’s. Positioned on Bear Valley Road, a key arterial route with over 75,000 vehicles passing daily, this McDonald’s enjoys excellent visibility and accessibility. The road connects to Interstate 15 and Highway 18, linking Victorville to other major cities like Hesperia and Apple Valley.
The area’s appeal is further enhanced by the ongoing construction of the high-speed rail line to Las Vegas, set to bring a surge of visitors through Victorville. This, combined with the local population of 129,836 within a five-mile radius, ensures continued growth and demand for retail and dining options. Victorville’s status as a major economic hub in the High Desert, along with nearby attractions like Mojave Narrows Regional Park and Victor Valley College, contributes to the thriving commercial environment, making this McDonald’s a prime location.

Data Room Click Here to Access

Property Facts

Sale Type
Investment NNN
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,886 SF
Building Class
B
Year Built
2009
Price
£2,017,685
Price Per SF
£519
Net Initial Yield
4.10%
NOI
£82,742
Tenancy
Single
Number of Floors
1
Building FAR
0.22
Land Acres
0.40 AC
Zoning
GC
Parking
20 Spaces (6.83 Spaces per 1,000 SF Leased)
Frontage
129 ft on Bear Valley Rd

Amenities

  • Pylon Sign
  • Drive Thru

Nearby Major Retailers

Stater Bros Markets
Global Credit Union
My Gym
Anytime Fitness
Baja Fresh
Farmer Boys
Flame Broiler
Chili's Grill & Bar
United Rentals
Cracker Barrel Old Country Store

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3072-071-17
Land Assessment
£981,322
Improvements Assessment
£1,345,087
Total Assessment
£2,326,409
  • Listing ID: 32785831

  • Date on Market: 13/08/2024

  • Last Updated:

  • Address: 13625 Bear Valley Rd, Victorville, CA 92392

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