Address
13738 13790 Bear Valley Road Victorville, CA
Price
$ 9,000,000
Property Attributes
  • MLS#CV21064729
  • TypeCommercial
  • CountySAN BERNARDINO
  • CityVictorville
  • AreaVictorville
  • Zip92392
  • StyleRetail
  • Year Built1992
  • Taxes$ 96318
  • Price$ 9,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.66 Acres
Listing Provided Courtesy Of:
AUGUST WEN with CENTURY 21 MASTERS.
Data Source:
CRMLS
Property Description

Liberty Village Center is a well maintained, 100 % occupied neighborhood shopping center, shadow anchored by Rite-Aid Pharmacy and Stater Bros Supermarket, located in Victorville, CA. The tenants of Liberty Village Center consist food, retail and service providers, including Metro PCS, Little Caesar's Pizza, Baja Taco, Amber's Dry-Cleaning, My Lady Nail, Mail Master+, Smoke Shop, Water Store, Cajun Food, Family Cuts, Liberty Dental, Brow Art, La Pina Loca, Kapasu Insurance, Hanabi Sushi, T-Shirt and a Wells Fargo ATM. The ideal tenant mix consists of essential "daily needs" and convenience oriented retailers. The combination of under market rents and gross leases provide a realistic value-add opportunity when existing rents are taken to market levels. Profit potential through break up strategy as property is separately parceled. The subject property is strategically located at the signalized hard corner intersection of Bear Valley Road and Amethyst Road (51,375 combined vehicles per day and one mile from Interstate 15 (100,250 VPD). Bear Valley Road is a major East-West corridor with many national tenants creating strong tenant synergy and crossover foot traffic. It is located within close proximity to The Mall of Victor Valley, home to many national tenants including Dick's Sporting Goods, JC Penney, Cinemark, & Macy's. 63% of income stream has been in place for more than 15 years.

Price History
3/29/2021 Listed $9,000,000

General Features

Additional Parcels Y/N Yes
Business Type Grocery
Construction Materials Stucco
Cooling Central Air
Heating Central
Listing Agent AUGUST WEN - BRE#01229094
Listing Agent State License 01229094
MLS Area VIC - Victorville
Property Sub Type Additional Retail
Property SubType Retail
Property Type Commercial Sale
Special Listing Conditions Standard
Terms Cash to New Loan

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features None

Exterior Features

Lot Features 11-15 Units/Acre
Lot Size Acres 1.66
Lot Size Area 1.66
Lot Size Source Assessor
Lot Size Square Feet 72310
Lot Size Units Acres
Number of Buildings 3
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92392

Price
AVG $1.24M
$9M
Taxes
AVG $96,318
$96,318
Visits
AVG 32
25
Year Built
AVG 1988
1992
Walkscore
AVG 46
62
Data Provided by Walkscore ® not using MLS data

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