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20200 Outer Hwy 18 7,833 SF Retail Building Apple Valley, CA 92307 $3,148,073 CAD ($401.90 CAD/SF) 6.51% Cap Rate
INVESTMENT HIGHLIGHTS
- 7,833 SF multi-tenant inline retail building, comprising six units.
- Up to 60% seller financing available upon approval.
- Prime location along Apple Valley’s primary commercial corridor.
- 12-month rent guarantee on two vacant units.
- Significant value-add through lease-up and re-tenanting.
- Ideal opportunity for private investors seeking stable income with upside.
EXECUTIVE SUMMARY
The offering includes a value-add component with two vacant units, consisting of a 1,886 SF former Domino’s Pizza and a 1,300 SF former T-Mobile space. Ownership is guaranteeing rental income on both vacant units for twelve (12) months, providing stabilized cash flow during the lease-up period. The former restaurant space is well suited for repositioning into a high-performing food and beverage concept under a new brand.
Ownership is offering up to 60% seller financing, requiring 40% down with proof of funds, creating favorable leverage and reducing the buyer’s cost of capital. Buyer to be aware that Seller may pursue a 1031 exchange, and Buyer agrees to cooperate with Seller, at no additional cost or liability to Buyer, to allow Seller to identify a suitable replacement property.
PROPERTY FACTS
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
This ±1,886 square foot unit was a former Domino's Pizza restaurant space which includes a walk-in cooler, hood with fire suppression, grease trap and one restroom. It is currently configured for takeout and delivery; however, the space can be reconfigured to include dining room space and public access to the restroom. This space requires $25,000.00 Key Money, plus first month's rent and security deposit.
This unit was formerly occupied by MetroPCS the space is approximately ±1,300 ft it is an open floor plan with a single restroom. This unit is adjacent to Chase Bank, Albertsons, Denny's Starbucks, Walmart, H&R Block tax services and is part of a larger retail Shopping Center anchored by The Gym. Perfect opportunity for a beauty salon, barbershop, real estate office, insurance office, Bakery supply, Beauty supply, small ethnic market, virtually unlimited possibilities. **Please note, although we believe that we have sourced accurate data regarding this property. All prospective Buyers/Tenants are advised to satisfy themselves with all aspects of the subject property prior to completing a final purchase or lease agreement.
| Space | Size | Space Use | Position | Available |
| D | 1,886 SF | Retail | In-Line | Now |
| F | 1,300 SF | Retail | In-Line | Now |
D
| Size |
| 1,886 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
F
| Size |
| 1,300 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
D
| Size | 1,886 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
This ±1,886 square foot unit was a former Domino's Pizza restaurant space which includes a walk-in cooler, hood with fire suppression, grease trap and one restroom. It is currently configured for takeout and delivery; however, the space can be reconfigured to include dining room space and public access to the restroom. This space requires $25,000.00 Key Money, plus first month's rent and security deposit.
F
| Size | 1,300 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
This unit was formerly occupied by MetroPCS the space is approximately ±1,300 ft it is an open floor plan with a single restroom. This unit is adjacent to Chase Bank, Albertsons, Denny's Starbucks, Walmart, H&R Block tax services and is part of a larger retail Shopping Center anchored by The Gym. Perfect opportunity for a beauty salon, barbershop, real estate office, insurance office, Bakery supply, Beauty supply, small ethnic market, virtually unlimited possibilities. **Please note, although we believe that we have sourced accurate data regarding this property. All prospective Buyers/Tenants are advised to satisfy themselves with all aspects of the subject property prior to completing a final purchase or lease agreement.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 3112-171-03 | Improvements Assessment | $1,100,005 CAD |
| Land Assessment | $694,193 CAD | Total Assessment | $1,794,198 CAD |
PROPERTY TAXES
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20200 Outer Hwy 18
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