Hesperia Retail Space For
For Sale
Contact for pricing
15480 Main St, Hesperia, CA 92345
Retail space available in Hesperia, California, with 7.00% CAP.
Property Size14,490 SF
Price / SF$271.77
Days on Market236
Property Features for 15480 Main St
General Information
Standard status
Active
Size
14,490 SF
Property subtype
Retail
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$334,716
Building Details
Year Built
2006
Tenancy
Single
Listing Agency:
CBRE - Orange County
Listed By:
David McNevin · License #02101634
(949) 725-8463
Source:
Crexi
Added: Feb 17
Changed: Oct 5
Last Checked: Oct 9 at 5:30PM
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 CBRE - Orange County
Investment Insights
Based on property information with market context.
This retail space, located in Hesperia, California, offers 14,490 square feet of space. The property is being offered for sale and has a capitalization rate of 7.00%.
Key Highlights
- 7.00% CAP Rate
- 14,490 SqFt Retail Space**
- Built in 2006
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$137,588
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,751,760
$2.8M
Cap Rate 7%
$1,965,543
$2.0M
Cap Rate 9%
$1,528,756
$1.5M
Market Conditions
NOI Build-Up for 14,490 SF
Gross rent
$208.7K $14.40/SF
− Vacancy
−$12.1K −$0.84/SF
EGI
$196.6K $13.56/SF
− OpEx
−$59.0K −$4.07/SF
NOI
$137.6K $9.50/SF
Area
Hesperia, CA
Vacancy
5.80%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,751,760
Cap Rate 7%
$1,965,543
Cap Rate 9%
$1,528,756
Alternative Uses
Best Use
Retail
$1.97M
$1.72M – $2.29M
NOI $137,588 @ 7.0% cap · market cap 3.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.11M
$3.60M – $4.79M
NOI $287,667 @ 7.0% cap · market cap 7.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
593
Businesses Nearby
158k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 38%
Shops & Services 36%
Dining 22%
Electronics 3%
Cardenas Market
Groceries
32,423 visits/mo
0.3 miles
Stater Bros. Markets
Groceries
27,667 visits/mo
0.4 miles
dd's DISCOUNTS
Shops & Services
18,897 visits/mo
0.4 miles
Dollar Tree
Shops & Services
16,548 visits/mo
0.5 miles
Del Taco
Dining
12,436 visits/mo
0.4 miles
Demographics for 92345, CA
86,499
Population
27,247
Households
3.2
Avg Household Size
34
Median Age
11%
College-Educated
77%
High-School Grad
98.9 sq mi
ZIP Area
875
Density / Sq Mi
$65,949
Median Household Income
$37,235
Median Earnings
$1,499
Median Rent
$359,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space available in Hesperia, California, with 7.00% CAP.
Where is this retail space located?
The property is located at 15480 Main St Hesperia, CA.
What is the asking price?
The asking price for this property is $3,938,000.
What are key features of this property?
This property features: 7.00% CAP Rate; 14,490 SqFt Retail Space**; Built in 2006
