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15770 Mojave Drive,  Victorville CA, 92394 (Commercial)

1 bath
14,410 sqft
Status: Active
MLS#: 510485
1of
Full Screen Photos
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Last Updated: 5/23/2019 6:25 AM
Description for 15770 Mojave Drive Victorville, CA 92394
Lee & Associates Inland Empire North, Inc. is proud to offer the Mojave Center for sale. A neighborhood strip center consisting of 14,410 sq. ft. located off of the 15 Fwy Mojave Dr. Exit located in the City of Victorville. The City of Victorville is identified as the most affordable areas to conduct business in the State of California. Creating an increased population annually, which offers a robust work force and need for employment. The property features a diverse mix of tenants and the property is 100% occupied. At this time the property features conservative rental rates with room for upside. Some regional tenants with long term leases. Most tenants have maintained tenancy at this property 5 years plus. The property has been managed by a reputable commercial property management company for over 10 years. This property serves as a great investment opportunity with a motivated ownership. This is a well-positioned retail property with heavy daytime foot traffic. The center takes full advantage of the trade areas, solid demographics and residential growth. Offering Memorandum available upon request. Cap Rate is based on current rental rates not Performa.
Price
$2,450,000
San Bernardino
1
14,410 (approx)
510485
Active
Description
Lee & Associates Inland Empire North, Inc. is proud to offer the Mojave Center for sale. A neighborhood strip center consisting of 14,410 sq. ft. located off of the 15 Fwy Mojave Dr. Exit located in the City of Victorville. The City of Victorville is identified as the most affordable areas to conduct business in the State of California. Creating an increased population annually, which offers a robust work force and need for employment. The property features a diverse mix of tenants and the property is 100% occupied. At this time the property features conservative rental rates with room for upside. Some regional tenants with long term leases. Most tenants have maintained tenancy at this property 5 years plus. The property has been managed by a reputable commercial property management company for over 10 years. This property serves as a great investment opportunity with a motivated ownership. This is a well-positioned retail property with heavy daytime foot traffic. The center takes full advantage of the trade areas, solid demographics and residential growth. Offering Memorandum available upon request. Cap Rate is based on current rental rates not Performa.
Listing Information
Property Type: Industrial, 1 Story
1 1.2 Acres
14,410 (approx) $170.02 1980
1
Sewer Connected
Neighborhood
Room Information
Interior Features
Central Air
Electric Heating, Forced Air
3
Exterior / Lot Features
Tile
None
Mountain, Desert View
N/A
Industrial
Other, Paved Road
Financial Considerations
0395137290000
n/a
Listing Price History

Victorville Real Estate

Victorville is located in California. Victorville, California 92394 has a population of 122,225.

The median household income in Victorville, California 92394 is $47,142. The median household income for the surrounding county is $54,100 compared to the national median of $53,482. The median age of people living in Victorville 92394 is 29 years.

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Courtesy: Elizabeth Brown - Lee & Associates
This content last refreshed on 5/23/2019 6:25 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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