14582 Palmdale Rd | Victorville, CA 92392
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14582 Palmdale Rd
Victorville, CA 92392
Pizza Hut NNN Leased Restaurant Investment · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease: A truly passive investment, with the tenant covering all expenses, including property taxes, insurance, repairs and maintenance.
- This well-established Pizza Hut location has operated continuously at the property since the building was constructed.
- Operated by a Pizza Hut franchisee managing approximately 80 locations, ensuring stable operations and lease performance throughout the term.
- Opportunity to acquire a fully built restaurant property at a price below current construction costs.
- The lease includes three 5-year renewal options, each adjusting to prevailing market rent (FMR), providing for income growth without any rent caps.
- Part of Victorville Galleria (±97K SF), anchored by Cardenas, with 100% occupancy, foot traffic, and co-tenancy with McDonald's and Cricket Wireless.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,264 SF
Building Class
C
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.42 AC
Zoning
General Commercial (C-2)
Parking
50 Spaces (15.32 Spaces per 1,000 SF Leased)
Frontage
176’ on Palmdale Rd
AMENITIES
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 0396-012-14 | Improvements Assessment | $532,067 |
| Land Assessment | $481,570 | Total Assessment | $1,013,637 |
PROPERTY TAXES
Parcel Number
0396-012-14
Land Assessment
$481,570
Improvements Assessment
$532,067
Total Assessment
$1,013,637
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