Strip Mall
For Sale
$2,100,000
14741 7th, Victorville, CA 92395
Established retail property constructed in 1987.
Property Size18,400 SF
Price / SF$114.13
Days on Market74
Property Features for 14741 7th
General Information
Standard status
Active
Size
18,400 SF
Site & Location
Neighborhood
Ngbhd-0000035
Building Details
Year Built
1987
Listing Agency:
MGR Real Estate, Inc
Listed By:
Randy Sanchez · License #01180997
(760) 684-2139
Source:
Myfabuloushome
Added: Aug 12
Changed: Oct 11
Last Checked: Oct 7 at 2:53PM
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, Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This strip mall property was built in 1987 and is located at 14741 7th in Victorville, California. Access is described from La Paz via 7th Street, traveling north to the property. The asset is situated in San Bernardino County.
Key Highlights
- 1987 construction
- Located at 14741 7th, Victorville, CA 92395
- Access from La Paz via 7th Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$190,920
Cap Rate
9.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,818,400
$3.8M
Cap Rate 7%
$2,727,429
$2.7M
Cap Rate 9%
$2,121,333
$2.1M
Market Conditions
NOI Build-Up for 18,400 SF
Gross rent
$298.1K $16.20/SF
− Vacancy
−$25.3K −$1.38/SF
EGI
$272.7K $14.82/SF
− OpEx
−$81.8K −$4.45/SF
NOI
$190.9K $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 Rate 5%
$3,818,400
Cap Rate 7%
$2,727,429
Cap Rate 9%
$2,121,333
Alternative Uses
Best Use
Retail
$2.73M
$2.39M – $3.18M
NOI $190,920 @ 7.0% cap · market cap 9.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.90M
$3.41M – $4.55M
NOI $272,865 @ 7.0% cap · market cap 12.99%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
958
Businesses Nearby
275k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 36%
Groceries 33%
Dining 25%
Home Improvements & Furnishings 5%
Food 4 Less
Groceries
55,480 visits/mo
0.3 miles
Superior Grocers
Groceries
33,998 visits/mo
0.3 miles
dd's DISCOUNTS
Shops & Services
27,168 visits/mo
0.4 miles
Dollar Tree
Shops & Services
23,636 visits/mo
0.4 miles
Jack in the Box
Dining
21,444 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
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Strip mall - Established retail property constructed in 1987.
Where is this strip mall located?
The property is located at 14741 7th Victorville, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 1987 construction; Located at 14741 7th, Victorville, CA 92395; Access from La Paz via 7th Street
