17051 Bear Valley Rd - Drug Store FOR SALE
Hesperia, CA 92345 |
$4,900,000 USD
626-240-2783
17051 Bear Valley Rd
Hesperia, CA 92345
HIGHLIGHTS
- Walgreens Pharmacy has occupied the site for over 23 years and has just exercised a new 5-year option to extend
- Walgreens is one of the world’s most well-known drugstore chains with over 8,500 locations throughout the US
- CURRENTLY WALGREEN’S ONLY 24-HOUR STORE IN THIS HIGH-DESERT REGION
- Located at the corner of Bear Valley Road and Hesperia Road with tremendous visibility and access from both streets
- Location is proximate to both residential and commercial uses / IDEAL 1031 EXCHANGE OPPORTUNITY
- Net lease structure is ideal for a passive investor looking for stable cash flow with zero landlord maintenance obligations
FOR SALE DETAILS
PRICE
$4,900,000 USD
PRICE/SF
$324 USD /SF
CAP RATE
6.86%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2002
SPRINKLERS
-
PARKING SPACES
50
LAND DETAILS
LAND ACRES
1.12 AC
LAND SF
48,787 SF
ZONING
-
APN/PARCEL ID
0415-032-30
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626-240-2783
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626-240-2783
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