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12354 Palmdale Rd
Victorville, CA 92392
Retail Property For Sale
Investment Highlights
- RARE 15-Year NNN Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Corporate Dutch Bros (NYSE: BROS)
- Part of a developing retail node near existing Walmart and other national retailers. This new 950 sq. ft. drive-thru coffee shop.
- Corporate Credit Tenant Advantage: Backed by the full corporate guaranty of Dutch Bros (NYSE: BROS)
- Positioned on the Northeast Corner of Palmdale Road and Cantina Street in Victorville, California – Hard corner location with excellent visibility.
- Densely Populated and Growing Market: Victorville features robust demographics with a population exceeding 140,000.
Executive Summary
Highland Partners Corp is pleased to present the opportunity to acquire the building located at the NEC of Palmdale Road and Cantina Street. This freestanding building is currently 100% net leased to Dutch Bros Coffee located in Victorville in San Bernardino County, California.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,000 SF
Building Class
C
Year Built
2026
Price
$3,376,369 CAD
Price Per SF
$3,376.37 CAD
Cap Rate
4.90%
NOI
$165,442 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.96 AC
Property Taxes
| Parcel Number | 3103-561-44 | Improvements Assessment | $2,753,918 CAD |
| Land Assessment | $2,302,455 CAD | Total Assessment | $5,056,373 CAD |
Property Taxes
Parcel Number
3103-561-44
Land Assessment
$2,302,455 CAD
Improvements Assessment
$2,753,918 CAD
Total Assessment
$5,056,373 CAD
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