For Sale
$21,138,222

14426 Palmdale RdVictorville, CA 92392

High-Yield, Long-Term Leases

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional portfolio comprises three Class A, single-tenant, absolute NNN leased pharmacies totaling 40,934 net rentable square feet. Strategically located in Victorville, CA

Highlights

  • Long-term leases (10-12+ years remaining) with CVS and Walgreens provide stable income.
  • Investment-grade tenants (S&P BBB rating) ensure financial strength and operational stability.
  • High-traffic locations on hard corners or in major retail corridors maximize visibility and accessibility.
  • Limited competition in strategically selected locations enhances market share and profitability.
  • Strong demographics with dense populations ensure a large customer base.
  • Absolute NNN leases shift all operating expenses to the tenants, maximizing net returns.

Property Details for 14426 Palmdale Rd

Property type
Retail properties, Drug stores
Square Feet
13,370 SF
Class
A
Year Built
2009
Buildings
3
Stories
1
Lot Size (sq. ft)
213,008 SF

Location Insight

City
Victorville
County
San Bernardino
State
California
Latitude
34.5073789
Longitude
-117.3474381
14426 Palmdale Rd, Victorville, California
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14426 Palmdale Rd
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