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14895 Bear Valley Rd 6,193 SF 100% Leased Retail Building Hesperia, CA 92345 $2,180,000 ($352.01/SF) 5.68% Cap Rate
Investment Highlights
- • NNN lease structure ? Minimal management burden
- • Located on Bear Valley Rd, a main thoroughfare
- • Suitable for individual investors seeking retirement income
- • Multi-tenant property ? Diversifies risk compared to single-tenant properties
- • Ideal for 1031 Exchange investors
- • Attractive to investors from Southern California, Las Vegas, and Texas (who prefer Hesperia's return on investment)
Executive Summary
Hesperia ($2.18M 7-Unit Commercial Property)
• NNN lease structure ? Minimal management burden
• Multi-tenant property ? Diversifies risk compared to single-tenant properties
• Located on Bear Valley Rd, a main thoroughfare
• Ideal for 1031 Exchange investors
• Suitable for individual investors seeking retirement income
• Attractive to investors from Southern California, Las Vegas, and Texas (who prefer Hesperia's return on investment)
• NNN lease structure ? Minimal management burden
• Multi-tenant property ? Diversifies risk compared to single-tenant properties
• Located on Bear Valley Rd, a main thoroughfare
• Ideal for 1031 Exchange investors
• Suitable for individual investors seeking retirement income
• Attractive to investors from Southern California, Las Vegas, and Texas (who prefer Hesperia's return on investment)
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
6,193 SF
Building Class
C
Year Built
1986
Price
$2,180,000
Price Per SF
$352.01
Cap Rate
5.68%
NOI
$123,824
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.48 AC
Zoning
C2 - commercial
Parking
22 Spaces (3.55 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
Property Taxes
| Parcel Number | 0406-021-16 | Improvements Assessment | $1,194,721 |
| Land Assessment | $238,943 | Total Assessment | $1,433,664 |
Property Taxes
Parcel Number
0406-021-16
Land Assessment
$238,943
Improvements Assessment
$1,194,721
Total Assessment
$1,433,664
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14895 Bear Valley Rd
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