16937 Walnut St, Hesperia, CA 92345
Shopping center with ample parking and flexible space, suitable for retail, restaurant, service, or professional uses.
- Added:
- Jun 6, 2026
- Days on Market:
- 15
- Last Refresh:
- Jun 20 at 5:11 am
Property Features for 16937 Walnut St
General Information
- Standard status
- Active
- Size
- 7,863 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1988
Listing agent Kimberly Jarrard License #01840446
Listing office Re/Max Freedom (760) 887-1122
Listing date Jun 6, 2026
Source Crexi
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 Re/Max Freedom
HighLights
- 7,863± SF commercial shopping center in Hesperia
- Built in 1988
- Located on Walnut Street in an established commercial corridor
- Large parking lot with ample parking
- Flexible space suitable for retail, restaurant, service, or professional uses
Overview
Located at 16937 Walnut St in Hesperia, the center benefits from good visibility and access along Walnut Street. The area surrounding the property includes major roadways, residential neighborhoods, and local businesses, which can help create consistent foot traffic throughout the day.
Given the center’s adaptable retail setting, it may be well-suited for potential restaurant use, service businesses, church or other religious facilities, or professional users. Buyers or tenants looking for a shopping center format with parking already in place may find the layout and location practical for operational needs. Any specific future use should be evaluated based on applicable requirements and approvals.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $122.7k | $15.60 |
| − Vacancy | −$6.7k | −$0.86 |
| EGI | $115.9k | $14.74 |
| − OpEx | −$29.0k | −$3.69 |
| NOI | $86.9k | $11.06 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- ROSE PLAZA — 15885 Main St, Hesperia, CA 92345
- Coin Cloud Bitcoin ATM — 16400 Main St, Hesperia, CA 92345
- Hickorytree Plaza — 15461 Main St #201, Hesperia, CA 92345
- CoinMover Bitcoin ATM — 16352 Main St, Hesperia, CA 92345
- Coinstar Kiosk | Bitcoin ATM — Stater Bros, 15757 Main St, Hesperia, CA 92345
Location Insight
- Map
- Local Demand
- City
- Hesperia
- County
- San Bernardino
- State
- California
- Longitude
- -117.2944708
- Latitude
- 34.4187923
