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14554 7th St 7,359 SF Retail Building Victorville, CA 92395 $4,171,717 CAD ($566.89 CAD/SF) 7% Cap Rate
EXECUTIVE SUMMARY
CBRE is pleased to offer for sale the net-leased property occupied by Mojave River Academy and a Wells Fargo ATM, located in Victorville, California. The property consists of an approximately 7,359-square-foot free-standing pad building situated within Victor Plaza, a well-established 171,636-square-foot neighborhood center anchored by national retailers such as dd’s Discounts, Goodwill, and AutoZone.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
7,359 SF
Building Class
C
Year Built/Renovated
1968/2019
Price
$4,171,717 CAD
Price Per SF
$566.89 CAD
Cap Rate
7%
NOI
$292,020 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.54 AC
Opportunity Zone
Yes
Parking
40 Spaces (5.44 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 3106-262-24 | Improvements Assessment | $1,019,811 CAD |
| Land Assessment | $179,225 CAD | Total Assessment | $1,199,036 CAD |
PROPERTY TAXES
Parcel Number
3106-262-24
Land Assessment
$179,225 CAD
Improvements Assessment
$1,019,811 CAD
Total Assessment
$1,199,036 CAD
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14554 7th St
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