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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
EXECUTIVE SUMMARY
Cottonwood Plaza is a highly visible retail strip center located in the rapidly growing City of Hesperia. The property is stra?tegically positioned at the signalized intersection of Bear Valley Road and Cottonwood Avenue in the actively developing
High Desert region. Cottonwood Plaza is a NNN retail center featuring strong neighborhood tenants operating in inter?net-resistant businesses. The property offers ample parking and a prominent monument sign, providing excellent exposure
for tenants and businesses. The surrounding population continues to grow, supported by major infrastructure projects,
including Brightline West, the high-speed passenger rail system connecting Southern California to Las Vegas, currently
scheduled for completion by 2027 in preparation for the 2028 Los Angeles Olympic Games.
High Desert region. Cottonwood Plaza is a NNN retail center featuring strong neighborhood tenants operating in inter?net-resistant businesses. The property offers ample parking and a prominent monument sign, providing excellent exposure
for tenants and businesses. The surrounding population continues to grow, supported by major infrastructure projects,
including Brightline West, the high-speed passenger rail system connecting Southern California to Las Vegas, currently
scheduled for completion by 2027 in preparation for the 2028 Los Angeles Olympic Games.
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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