4013 Phelan Rd - Storefront FOR SALE


Phelan, CA 92371
$5,500,000 USD
909-576-4259
4013 Phelan Rd, Phelan, CA for Sale
$5,500,000 USD
Storefront - FOR SALE
1/13
null | Request Cap Rate

4013 Phelan Rd
Phelan, CA 92371


OVERVIEW

Located at the prime signalized intersection of Phelan Road and Sheep Creek Road with ±27,809 cars per day, Phelan Village Shopping Center has excellent visibility and outstanding signage. ±16,103 SF owner user opportunity to run your business in the only grocery anchored shopping center for 11 miles. ±31,273 SF anchor building for sale featuring a 51.5% vacancy, which will potentially allow a buyer to obtain a SBA loan. With 48.5% of the building leased to two corporate tenants, Dollar Tree and T-Mobile, the buyer will benefit from collecting rental income. The community of Phelan draws from the areas of Oak Hills, Pinon Hills, and Wrightwood, which is often called The Land of Four Seasons by residents and tourists. The trade area has a 2023 population of 60,731, a strong average household income of $101,814 and a much larger demand than current supply regarding retail, service, and medical options. The entire shopping center is very appealing and clean with new paint, great lighting, recent parking lot paving, and nice landscaping.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$176 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Phelan Village

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

126

LAND DETAILS

LAND ACRES

2.41 AC

LAND SF

104,980 SF

ZONING

PH/CG

APN/PARCEL ID

3066-221-20

ASK ABOUT THIS PROPERTY

Roxanne KleinProgressive Real Estate PartnersMore Info
909-576-4259

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Roxanne KleinProgressive Real Estate PartnersMore Info
909-576-4259

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