20200 Outer Hwy 18 - Storefront FOR SALE


Apple Valley, CA 92307
$2,325,000 USD
619-705-9670
20200 Outer Hwy 18, Apple Valley, CA for Sale
$2,325,000 USD
Storefront - FOR SALE
1/7
null | 6.51% Cap Rate

20200 Outer Hwy 18
Apple Valley, CA 92307


HIGHLIGHTS

  • 7,833 SF multi-tenant inline retail building, comprising six units.
  • 12-month rent guarantee on two vacant units.
  • Up to 60% seller financing available upon approval.
  • Significant value-add through lease-up and re-tenanting.
  • Prime location along Apple Valley’s primary commercial corridor.
  • Ideal opportunity for private investors seeking stable income with upside.

OVERVIEW

Located at 20200 CA-18 in Apple Valley, California, this offering presents a 7,833 SF multi-tenant retail investment comprising six units within an established neighborhood shopping center along one of the High Desert’s primary commercial corridors. The property benefits from strong visibility, established surrounding retailers, and consistent consumer traffic within Apple Valley’s core retail hub. The offering includes a value-add lease-up opportunity with two vacant units: a 1,886 SF former Domino’s Pizza and a 1,300 SF former T-Mobile space. Ownership is guaranteeing rental income on both vacant units for twelve (12) months, providing income stability during the lease-up period. The former restaurant space offers an opportunity for repositioning to a new food and beverage concept. Ownership is offering seller financing of up to 60% of the purchase price, requiring 40% down with proof of funds, providing attractive financing flexibility and potentially reducing the buyer’s cost of capital.

FOR SALE DETAILS

PRICE

$2,325,000 USD

PRICE/SF

$297 USD /SF

CAP RATE

6.51%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

C-G

APN/PARCEL ID

3112-171-03

ASK ABOUT THIS PROPERTY

Pouya RostampourSVN | VanguardMore Info
619-705-9670

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Pouya RostampourSVN | VanguardMore Info
619-705-9670

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