21738 US Highway 18 - Drug Store FOR SALE


Apple Valley, CA 92307
$3,990,000 USD
213-613-3344
21738 US Highway 18, Apple Valley, CA for Sale
$3,990,000 USD
Drug Store - FOR SALE
1/6
null | Request Cap Rate

21738 US Highway 18
Apple Valley, CA 92307


HIGHLIGHTS

  • Zoned under the Village Specific Plan – District 1 (Village Core). Allowing for a broad range of medical office, retail, service, and commercial uses.
  • ±67 surface parking spaces, supporting retail, medical, and high-traffic service uses.
  • Large land footprint relative to building size supports expansion, subdivision, additional pad development, or repositioning into multi-tenant
  • Delivered vacant at close of escrow, allowing immediate occupancy or repositioning without lease rollover risk.

OVERVIEW

Johnny Choi and Manny Nunez of CBRE, as Exclusive Advisors, are pleased to present 21738 Highway 18, a freestanding 16,804 SF property situated on a total of 1.8 acres of land. The Property is located in the Apple Valley submarket, a well-established high-desert commercial corridor serving San Bernardino County and the greater Victor Valley region. Apple Valley has long functioned as a regional hub for logistics, highway-oriented retail, automotive, and service industrial users due to its direct connectivity to Interstate 15 and State Route 18, providing efficient access to Southern California, Las Vegas, and key Inland Empire distribution nodes. The property benefits from prominent frontage along CA-18 (Happy Trails Highway), one of the primary east-west arterials in Apple Valley, offering strong visibility, signage exposure, and ease of access for customers, employees, and delivery traffic. The surrounding area is characterized by a mix of owner-user commercial properties, service retail, automotive uses, and light industrial facilities, supporting steady demand from both investors and owner-occupants. This location is particularly attractive for users seeking functional space with highway exposure, lower operating costs than core Inland Empire markets, and proximity to a growing residential base in the Victor Valley.

FOR SALE DETAILS

PRICE

$3,990,000 USD

PRICE/SF

$246 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Former Rite Aid - 16k SF on 1.8 Acres of Land

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Fast Food, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

67

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

3112-563-11

ASK ABOUT THIS PROPERTY

Johnny ChoiCBREMore Info
213-613-3344

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Johnny ChoiCBREMore Info
213-613-3344

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