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9599 Sheep Creek Rd 3,453 SF Retail Building Phelan, CA 92371 $920,000 ($266.43/SF) 4.83% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Prime Location - located in the heart of downtown Phelan.
  • Solid tenant - successfully established a strong presence and efficiently managed.
  • All schools near by - town's Elementary, Middle & High School.
  • Ample parking and a covered drive-thru, reinforcing its suitability for fast-food operations.

EXECUTIVE SUMMARY

This remarkable investment opportunity features a commercial building that currently operates as a Downtown Burger, complete with its own drive-thru, and is now attractively priced for sale. The property includes both the building and a generous commercial lot situated in the bustling heart of downtown Phelan. Its prime location enhances its appeal, as the versatile commercial building offers approximately 3,453 rentable square feet on an estimated 0.67 acres of land. The site is strategically positioned near major retailers such as Subway, KFC, Dollar Tree, Stater Bros. Markets, and AutoZone, making it a focal point in a lively commercial district. Furthermore, its proximity to Phelan Elementary, Pinon Mesa Middle, and Serrano High School—less than a mile away—ensures a steady influx of potential customers from the surrounding community. The property also boasts ample parking and a covered drive-thru, reinforcing its suitability for fast-food operations. This exceptional location, combined with excellent visibility and accessibility, renders this property a highly attractive investment in downtown Phelan. The Downtown Burgers tenant has successfully established a strong presence and efficiently managed a fast food restaurant in the town. Please contact the Listing Broker, Thomas Lee for more in details. Don't miss out this opportunity!

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,453 SF
Building Class
C
Year Built
1993
Price
$920,000
Price Per SF
$266.43
Cap Rate
4.83%
NOI
$44,464
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.67 AC
Zoning
PH/CG - Commercial - Fast Food Restaurant / Drive-Thru
Parking
18 Spaces (5.21 Spaces per 1,000 SF Leased)
Frontage
101’ on Sheep Creek Rd

AMENITIES

  • Restaurant
  • Signage
  • Drive Thru

NEARBY MAJOR RETAILERS

Stater Bros Markets
Anytime Fitness
Starbucks
Flagstar

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3066-251-03
Land Assessment
$178,484 (2025)
Improvements Assessment
$457,364 (2025)
Total Assessment
$635,848 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 34976129

  • Date on Market: 2/28/2025

  • Last Updated:

  • Address: 9599 Sheep Creek Rd, Phelan, CA 92371

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