17180 Bear Valley Rd Victorville, CA 92392
This single-story, 16,314 square foot shopping center in Victorville, CA, presents a compelling value-add investment opportunity. Priced at $3,840,000, it boasts a 6.75% cap rate and a Net Operating Income (NOI) of $259,224. The property sits on a 2.08-acre lot and features three units, currently 92% occupied by a mix of tenants including Five Below and Children's Choice Dental Care. The center benefits from a strong tenant base with long-term leases, including a 10-year lease recently signed by a major tenant and another lease extending to December 2030. Located on Bear Valley Road, a high-traffic area with 43,515 vehicles per day, and near Hesperia Road (24,238 VPD), this property enjoys excellent visibility and accessibility. The property is a triple-net (NNN) lease structure with corporate guarantees, minimizing landlord responsibilities and maximizing return. Its location offers convenient access to Interstate 15, further enhancing its appeal. This is a rare opportunity to acquire a well-positioned retail center with a proven track record of success and significant upside potential. The property's strong financials, coupled with its prime location and stable tenancy, make it an attractive investment for discerning buyers. The property's Assessed Parcel Number (APN) is 3091-271-63.
-
MoneyGram Bank Credit Union
-
Children's Choice Dental Care Dental Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.