Property summary
This exceptional retail pad presents a unique investment opportunity in Ridgecrest, CA. Strategically located on N. China Lake Blvd, across from Ridgecrest Regional Hospital and Home Depot, and a short distance from the main entrance to Naval Air Weapons Station and a Super Walmart. This high-traffic area benefits from its position on Ridgecrest's main artery, providing excellent visibility and accessibility. The property is part of the Town Center Shopping Center, a thriving 207,000 square foot retail center anchored by Stater Brothers Supermarket, Marshall's, Big 5 Sporting Goods, Famous Footwear, Jo-Ann's, Kragen Auto, Arby's, Domino's Pizza, Papa John's, and Krispy Kreme. The presence of other major national retailers like Walmart, Home Depot, Marriott, McDonald's, Del Taco, and Baskin-Robbins further solidifies the area's strong retail draw. The site offers significant 'drive-thru' potential, making it ideal for a variety of businesses. Furthermore, the proximity to the proposed Timbisha Shoshone Indian Casino development, expected to attract 67,000 annual visitors to Ridgecrest, presents an exceptional opportunity for increased foot traffic and revenue generation. This is a NNN ground lease opportunity. The asking price is $1,200,000.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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