Multi-Tenant Retail Center For
For Sale
Contact for pricing
14433 7th St, Victorville, CA 92395
Multi-tenant retail center with established tenants and high visibility.
Property Size6,000 SF
Price / SF$200
Days on Market212
Property Features for 14433 7th St
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Retail
Occupancy
66%
Lease Type
Modified Gross
Building Details
Year Built
1979
Stories
1
Units
4
Tenancy
Multi
Listing Agency:
MGR Real Estate
(760) 955-7888
Listed By:
Eddie Moreno · License #01394162
Source:
Crexi
Added: Jan 10
Changed: Aug 8
Last Checked: Aug 8 at 6:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MGR Real Estate
Investment Insights
Based on property information with market context.
This multi-tenant commercial retail center, consisting of four units totaling approximately 6,000 square feet, is available for sale. The property features a mix of established retail tenants. One unit is currently vacant, offering flexibility for an owner-user or the opportunity to lease prior to the close of escrow. The property benefits from excellent visibility, high traffic counts, and convenient access to the I-15 freeway. It is ideally situated along Route 66 and in close proximity to the Costco shopping center. Nearby retail and transportation hubs enhance its long-term appeal.
Key Highlights
- Excellent visibility and high traffic counts due to its location along Route 66 and proximity to Costco shopping center.
- Multi‑tenant commercial retail center with a strong mix of established retail tenants.
- One vacant unit provides flexibility for an owner‑user or the opportunity to lease.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$62,257
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.19%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,245,140
$1.2M
Cap Rate 7%
$889,386
$889.4K
Cap Rate 9%
$691,744
$691.7K
Market Conditions
NOI Build-Up for 6,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$97.2K $16.20/SF
− Vacancy
−$8.3K −$1.38/SF
EGI
$88.9K $14.82/SF
− OpEx
−$26.7K −$4.45/SF
NOI
$62.3K $10.38/SF
Area
Victorville, CA
Vacancy
8.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,245,140
Cap Rate 7%
$889,386
Cap Rate 9%
$691,744
Alternative Uses
Best Use
Retail
$889.4K
$778.2K – $1.04M
NOI $62,257 @ 7.0% cap · market cap 5.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,978 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,525
Businesses Nearby
365k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 53%
Dining 27%
Shops & Services 16%
Hotels & Casinos 3%
Costco Wholesale
Superstores
194,801 visits/mo
0.4 miles
Starbucks
Dining
29,389 visits/mo
0.5 miles
Del Taco
Dining
18,003 visits/mo
0.5 miles
ARCO
Shops & Services
14,861 visits/mo
0.5 miles
Denny's
Dining
13,504 visits/mo
0.2 miles
Demographics for 92395, CA
47,556
Population
16,394
Households
2.9
Avg Household Size
34
Median Age
15%
College-Educated
81%
High-School Grad
16.9 sq mi
ZIP Area
2,814
Density / Sq Mi
$57,407
Median Household Income
$34,627
Median Earnings
$1,478
Median Rent
$335,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant retail center with established tenants and high visibility.
Where is this shopping center located?
The property is located at 14433 7th St Victorville, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Excellent visibility and high traffic counts due to its location along Route 66 and proximity to Costco shopping center.; Multi‑tenant commercial retail center with a strong mix of established retail tenants.; One vacant unit provides flexibility for an owner‑user or the opportunity to lease.
