1356 Main St Barstow, CA 92311

This exceptional investment opportunity presents the Barstow Shops, a 7,136 square foot retail property situated at 1356 E Main St, Barstow, CA 92311. The multi-tenant property boasts 100% occupancy with three established tenants, generating a strong net operating income (NOI) of $89,295 and an attractive 8.12% cap rate. Built in 1960 on a 1.41-acre lot (APN 0181-293-22-0000), this storefront property offers a compelling price per square foot of $154.15, significantly below replacement cost estimates. The current tenants have an average lease term of nearly 23 years, providing a stable and durable cash flow stream. The property benefits from its location in a thriving Mojave River Valley retail submarket with over 95% occupancy and record-high market rents of $20.62 per square foot annually. Further growth is anticipated due to limited new construction, increased demand driven by the $1.5 billion BNSF Railway expansion, a nearby Brightline West commuter train stop, and the proposed $160 million Barstow Casino and Resort. This property represents a rare opportunity to acquire a stabilized, high-yielding retail center in a rapidly growing market. The asking price is $1,100,000.