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16870 State Highway 14 4,050 SF Retail Building Mojave, CA 93501 $1,486,862 CAD ($367.13 CAD/SF) 5.02% Cap Rate
Investment Highlights
- High-Visibility Investment on Highway 14 – Prime standalone restaurant location along Mojave’s main business corridor with excellent exposure
- Established Restaurant Tenant – Long-term Thai restaurant tenant paying $3,650/month (including CAM) with 5% annual rent increases and two 5-year
- Strategic Location – Minutes from Mojave Air & Space Port and on the route to major destinations including Bishop and Mammoth Lakes — a popular res
- Tesla Charging Station Income – Tesla leases 20 charging stalls, paying $3,000/month with a long-term lease through October 31, 2031, plus two 5-yr
- Attractive Financials – Total annual scheduled income of $79,800 and a 5.02% CAP Rate on a $1,079,000 offering price.
- Strong Tenant Mix & Stability – Dual tenancy with a globally recognized brand (Tesla) and an established local restaurant ensures consistent incom
Executive Summary
A rare opportunity to own a turnkey investment property in the heart of Mojave, California! This beautifully maintained standalone Thai cuisine restaurant is located along the highly trafficked Highway 14 — a strategic stop for travelers heading to iconic California destinations like Bishop and Mammoth. The property features a reliable income stream with a stable tenant, Tesla-installed infrastructure, and long-term growth potential.
Positioned on a large 35,284 sq. ft. lot with ample parking and unbeatable visibility, this investment delivers a strong 5.02% CAP rate and future upside through lease escalations and option periods. Ideal for 1031 exchanges or passive income investors seeking stable returns with premium frontage. * Buyer & Agent to verify all information.
Positioned on a large 35,284 sq. ft. lot with ample parking and unbeatable visibility, this investment delivers a strong 5.02% CAP rate and future upside through lease escalations and option periods. Ideal for 1031 exchanges or passive income investors seeking stable returns with premium frontage. * Buyer & Agent to verify all information.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$106,409
|
$26.27
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$10,641
|
$2.63
|
| Effective Gross Income |
$95,768
|
$23.65
|
| Taxes |
$7,441
|
$1.84
|
| Operating Expenses |
$3,032
|
$0.75
|
| Total Expenses |
$10,473
|
$2.59
|
| Net Operating Income |
$85,295
|
$21.06
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $106,409 |
| Annual Per SF | $26.27 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $10,641 |
| Annual Per SF | $2.63 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $95,768 |
| Annual Per SF | $23.65 |
| Taxes (CAD) | |
|---|---|
| Annual | $7,441 |
| Annual Per SF | $1.84 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $3,032 |
| Annual Per SF | $0.75 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $10,473 |
| Annual Per SF | $2.59 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $85,295 |
| Annual Per SF | $21.06 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,050 SF
Building Class
C
Year Built
1982
Price
$1,486,862 CAD
Price Per SF
$367.13 CAD
Cap Rate
5.02%
NOI
$74,640 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.79 AC
Opportunity Zone
Yes
Zoning
M-2 PD FPS - Light Industrial
Parking
35 Spaces (8.64 Spaces per 1,000 SF Leased)
Frontage
64’ on State Highway 14
Amenities
- Restaurant
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Best Restaurant
- Retailer
- -
- $15.71 CAD
- Triple Net
- Jan 2017
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Best Restaurant | Retailer | - | $15.71 CAD | Triple Net | Jan 2017 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 236-060-23-00-4 | Total Assessment | $900,852 CAD |
| Land Assessment | $58,927 CAD | Annual Taxes | $7,441 CAD ($1.84 CAD/SF) |
| Improvements Assessment | $841,925 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
236-060-23-00-4
Land Assessment
$58,927 CAD
Improvements Assessment
$841,925 CAD
Total Assessment
$900,852 CAD
Annual Taxes
$7,441 CAD ($1.84 CAD/SF)
Tax Year
2025
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16870 State Highway 14
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