Property profile

14895 Bear Valley Rd Hesperia, CA 92345

OFF-MARKET
Lifestyle centers
6,193 SF Built 1986
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Property summary

AI-generated overview

This exceptional 6,193 square foot shopping center, known as Cottonwood Plaza, presents a compelling investment opportunity in Hesperia, California. Located at the signalized corner of Bear Valley Road and Cottonwood Road, this single-story, 1986-built property boasts high visibility, being less than a quarter-mile from the I-15 freeway in the rapidly growing High Desert region. The property features nine retail units, currently 88.7% occupied by six tenants under NNN leases. The center offers ample parking and prominent monument signage, ideal for attracting customers. With a total lot size of 21,000 square feet and zoned for general commercial use, this property offers significant upside potential for rental income. The asking price is $1,900,000, representing a 7.10% capitalization rate. This is an excellent opportunity for both investors seeking strong returns and owner-users looking to expand their business portfolio. The property's APN is 0406-021-16. No tenant credit rating is available. This sale is offered by the owner.

Property profile

Verified
Property type Lifestyle centers
Year built 1986
Total area 6,193 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Insurance Agency
  • (Bike/Boat/Book/etc) Store Cosmetic Store
  • Real Estate Agency
  • Insurance Agency

Location

14895 Bear Valley Rd Hesperia, CA 92345
Hesperia metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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