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16920 State Highway 14 Mojave, CA 93501

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For Sale
$3,496,000

Multi-tenant retail property with upside potential in Southern California.

Property size:
19,623 SF
Lot size:
6.52 Acres

Property Features for 16920 State Highway 14

General Information

Size
19,623 SF
Lot size
6.52 Acres

Source: Colliers Agent Eric Carlton

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Two-Tenant Retail Asset in Mojave

The property features a 19,623-square-foot building situated on a 1.89-acre parcel. It is strategically located along Aerospace Highway (CA-14), with a traffic volume of over 14,100 vehicles per day, and is part of the Stater Bros anchored Mountain View Plaza. Nearby retailers include McDonald’s, Starbucks, Jack in the Box, Carl’s Jr., Denny’s, Wienerschnitzel, Flame Broiler, Stater Bros. Market, NAPA Auto Parts, and Family Dollar. The property is a two-tenant Dollar Tree Shops. Dollar Tree recently signed a new lease with over 9.8 lease years remaining in the primary term with $0.99 PSF rent increases at the beginning of two 5-year option periods. Significant value-add potential can be recognized through the lease-up of the remaining 9,282 SF unit.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Strip malls

Suggested Use

Realty agency Restaurant Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Pharmacy Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Mojave
County
Kern
State
California
Longitude
-118.174348
Latitude
35.068706

FAQs

What type of property is this?
Strip mall - Multi-tenant retail property with upside potential in Southern California.
Where is this strip mall located?
The property is located at 16920 State Highway 14 Mojave, CA.
What is the asking price?
The asking price for this property is $3,496,000.
What are key features of this property?
This property features: - Value-add potential through lease-up of 9,282 SF unit.; - Dollar Tree (NASDAQ: DLTR) is a major national tenant (#137 on Fortune 500) with strong financials.; - **New Dollar Tree lease with 9.8 years remaining and rent increases in option periods.**
More about this property
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