11600 Amargosa Rd - Restaurant FOR SALE


Victorville, CA 92392
$4,450,000 USD
213-792-4282
11600 Amargosa Rd, Victorville, CA for Sale
$4,450,000 USD
Restaurant - FOR SALE
1/18
null | 3.75% Cap Rate

11600 Amargosa Rd
Victorville, CA 92392


HIGHLIGHTS

  • Absolute NNN lease with zero landlord obligations, secured by a corporate guarantee.
  • Approximately 10 years remaining on the initial lease term with scheduled CPI increases every five years.
  • Located along the primary retail corridor near I-15, with traffic counts exceeding 98,000 vehicles per day.
  • Positioned on a pad to Walmart Supercenter and surrounded by major national retailers and restaurants.
  • Victor Valley trade area includes over 629,000 residents with strong housing and economic expansion.
  • Benefiting from anticipated infrastructure investment, including the Brightline West high-speed rail hub.

OVERVIEW

This offering consists of a BJ’s Restaurant & Brewhouse operating under a long-term absolute NNN corporate ground lease, providing investors with one of the most passive income structures available. The lease is guaranteed by BJ’s Restaurants, Inc. (NASDAQ: BJRI), a nationally recognized brand with over 200 locations across 29 states. Constructed in 2016 as part of the BJ’s prototype rollout, the property has demonstrated strong sales performance since opening. The asset benefits from an initial 20-year lease term with approximately 10 years remaining and rent escalations every five years, plus three additional five-year renewal options. With zero landlord responsibilities, predictable income, and increases tied to CPI, this property offers stability and long-term security for any investor. Strategically located in Victorville’s dominant retail corridor along Interstate 15, the property sits directly adjacent to a Walmart Supercenter and within close proximity to national retailers including Lowe’s, Kohl’s, Starbucks, and Panera Bread. The surrounding trade area serves a population of over 629,000 residents and is supported by strong housing growth and major infrastructure projects, including the planned Brightline West high-speed rail system. This prime location in the high-growth Victor Valley submarket positions the asset for continued demand, driven by one of Southern California’s busiest transportation routes and a robust consumer base.

FOR SALE DETAILS

PRICE

$4,450,000 USD

PRICE/SF

$591 USD /SF

CAP RATE

3.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

BJ's Brewery

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,242 SF

ZONING

-

APN/PARCEL ID

3072-231-31

ASK ABOUT THIS PROPERTY

Paul ParkRedpoint RealtyMore Info
213-792-4282

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Paul ParkRedpoint RealtyMore Info
213-792-4282

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.