14895 Bear Valley Rd Hesperia, CA 92345
- Lifestyle centers
- 6,193 SF
Current Use by Public Records
- Hao Amy C DDS / Dentist
- Felicity Insurance Services / Auto Insurance Agency
- Precision Aesthetics By Camacho LLC / Health And Beauty Shop
- Quality Real Estate / Real Estate Agency
- Diamond Professional Services, Inc. / Insurance Broker / Tax Preparation
Property Details for 14895 Bear Valley Rd
- Year built
- 1986
- Property size
- 6,193 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hesperia
- County
- San Bernardino
- State
- California
- Longitude
- -117.339
- Latitude
- 34.4698
