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Only $114 psf - Desert Knoll Plaza 14741 7th St 18,400 SF 100% Leased Retail Building Victorville, CA 92395 $2,100,000 ($114.13/SF)
Investment Highlights
- ±18,400 SF | 3 Buildings | Multi-Tenant | Great Tenant Mix | Strong Upside Potential
- High Traffic area
- Close to new SAC Health location
Executive Summary
ONLY $114 PSF | VALUE-ADD RETAIL OPPORTUNITY - Multi-tenant retail center consisting of 3 buildings totaling ±18,400 SF in a highly visible Victorville location.
The property has a great mix of existing tenants with additional upside for a new owner through future leasing and improving the tenant mix over time.
This is a great opportunity to acquire a well-located retail property with strong upside potential and an attractive price per square foot.
The property is also well positioned to benefit from the new SAC Health location nearby, which should bring additional activity to the area.
±18,400 SF | 3 Buildings | Multi-Tenant | Great Tenant Mix | Strong Upside Potential
The property has a great mix of existing tenants with additional upside for a new owner through future leasing and improving the tenant mix over time.
This is a great opportunity to acquire a well-located retail property with strong upside potential and an attractive price per square foot.
The property is also well positioned to benefit from the new SAC Health location nearby, which should bring additional activity to the area.
±18,400 SF | 3 Buildings | Multi-Tenant | Great Tenant Mix | Strong Upside Potential
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
18,400 SF
Building Class
C
Year Built
1987
Price
$2,100,000
Price Per SF
$114.13
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
1.29 AC
Opportunity Zone
Yes
Zoning
C2, Victorville
Amenities
- Corner Lot
- Signalized Intersection
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0477-201-41 | Improvements Assessment | $2,260,660 |
| Land Assessment | $796,208 | Total Assessment | $3,056,868 |
Property Taxes
Parcel Number
0477-201-41
Land Assessment
$796,208
Improvements Assessment
$2,260,660
Total Assessment
$3,056,868
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Only $114 psf - Desert Knoll Plaza | 14741 7th St