Amazing retail investment listed at a 8.12% Current Cap Rate while still having 2 open units that will be a huge value add! Situated directly in front of the Route 66 sign on Seventh St, this beautiful building is right in the heart of Victorville! Totaling 9,116 sqft of retail space this 2 story retail building has units ranging from 300 sqft to 2,000 Sqft offering suites to a wide range of retail/service based businesses. Building is on almost 1/4 acre and has plenty of parking out front, a rare feature for buildings on this part of Seventh st. Property is currently 82% occupied and generates approx $8,800 gross per month!!!
MLS# | HD24034783 |
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Listing Type | For Sale |
Style | Retail |
Sub-Type | Resale |
Status | Active |
Days On Site | 209 |
Listing Provided By | Klick Realty 760-646-8745 | Matthew Hijazin |
SQ Feet | 9,116 |
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Story(s) | 2 |
Building(s) | 1 |
Acreage | 0.24 |
State | CA |
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County | San Bernardino |
City | Victorville |
Zip Code | 92395 |
Area | VIC Victorville |
Listing VS Median (in 92395) | |
Price: $1,100,000 low | high Med: $406,000 SqFt: 9,116 low | high Med: 2,010 $ / SqFt: $121 low | high Med: $202 On Site: 209 low | high Med: 153.000000 |