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Under Contract - Accepting Back Up Offers 14629 7th St 13,435 SF Retail Building Victorville, CA 92395 $2,800,000 ($208.41/SF)
Investment Highlights
- Highly Visible Location
- Abundant Parking
- Signalized Intersection
- Surrounded by National Tenants
Executive Summary
MGR Real Estate, Inc. is pleased to offer for sale a freestanding ±13,435 SF retail building (former Rite Aid) located at the signalized intersection of 7th Street and La Paz Drive in Victorville. Situated on a high-traffic corner, the property offers excellent visibility and convenient access, making it well suited for national or regional retailers. Located less than ½ mile from the I-15 Freeway, the site provides strong regional connectivity. The property benefits from strong surrounding retail synergy, including Superior Grocers, Harbor Freight, DD’s Discounts, Costco Wholesale, AutoZone, O’Reilly Auto Parts, and other national and regional tenants, allowing an operator to effectively serve the Victorville, Apple Valley, and Hesperia markets. **Property is also available for lease**
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
13,435 SF
Building Class
B
Year Built
2005
Price
$2,800,000
Price Per SF
$208.41
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.82 AC
Opportunity Zone
Yes
Zoning
MU-2 - Mixed-Use
Parking
54 Spaces (4.02 Spaces per 1,000 SF Leased)
Frontage
137’ on 7th St
Amenities
- Pylon Sign
- Drive Thru
- Monument Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Rite Aid Corporation is on the front lines of delivering health care services and retail products to over one million Americans daily. Their pharmacists are uniquely positioned to engage with customers and improve their health outcomes. Rite Aid Corporation provides an array of whole being health products and services for the entire family through their retail pharmacy locations across the United States.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0477-201-46 | Improvements Assessment | $1,000,000 |
| Land Assessment | $1,300,000 | Total Assessment | $2,300,000 |
Property Taxes
Parcel Number
0477-201-46
Land Assessment
$1,300,000
Improvements Assessment
$1,000,000
Total Assessment
$2,300,000
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Under Contract - Accepting Back Up Offers | 14629 7th St
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