15028 7Th St Victorville, CA 92395

This exceptional investment opportunity presents a 13,609 square foot, single-story retail building situated on a 1.06-acre lot in Victorville, California. Constructed in 1979, the property currently boasts 11-12 units, with some tenants occupying two units. The building is 70% occupied, with four vacant units available, offering immediate potential for increased revenue. Current monthly rent totals $8,000, with modified gross leases in place. Vacant units are being offered at a competitive asking price of $0.90 to $1.00 per square foot. The property is self-managed, with common area utilities averaging $115 per month. Landlord-paid expenses include water, sewer, and trash, totaling $550 per month. Annual insurance costs are $3,600. Tenants are current on rent, and they are responsible for their own electricity and gas. This property offers a strong cash flow and significant upside potential for a savvy investor seeking a multi-tenant retail asset in a growing California market. The asking price is $1,799,000. The property is located at 15028 7th Street, Victorville, CA 92395.