MASSIVE PRICE REDUCTION-Hard Corner-71K ADT. 12100 Amargosa Rd

12100 Amargosa Rd , Victorville, California, 92392 | 6,050 sq.f | $ 2,699,000

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About This Restaurant

Investment Highlights

One of the highest exposure locations in the High Desert. Site contains an existing 6,050 SF full service restaurant that can be renovated/redeveloped for an owner user. Excellent co-tenancy with multiple national retailers in the immediate area such as, Big 5, El Pollo Loco, Applebee?s, Lowe?s Home Improvement, etc Superior signalized corner with excellent exposure to both Amargosa Rd and Bear Valley Rd, and exceptional traffic counts exceeding 71,000 ADT. Immediately adjacent to the 15 Freeway (Traffic Counts Exceed 102,000 Cars Per Day).

Executive Summary

Contact Broker for full OM.Oakmore Inc, and CBRE , on behalf of ownership, is pleased to exclusively offer for sale the opportunity to acquire a former restaurant on prime commercial signalized corner with over 71,000 cars on well trafficked Bear Valley Rd, adjacent to the 15 Freeway. The site has fantastic visibility. And is located in an exceptionally strong retail corridor. Tenants in the immediate vicinity include Big 5, El Pollo Loco, Applebee?s, Lowe?s Home Improvement, Staples, Wendy?s, Kohl?s, Sit N Sleep, Farmer Boys, JCPenney, Barnes & Noble, Macy?s, Vans, and more. It is well suited for multiple development possibilities. See OM for allowed uses.

Property Details

  • Sale Type    Owner User
  • Sale Conditions    High Vacancy Property High Vacancy Property Redevelopment Project Building in Shell Condition High Vacancy Property
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    6,050
  • Building Class    C
  • Year Built    1987
  • Price    2,699,000
  • Price Per SF    446
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.13
  • Land Acres    1.07 AC

Amenities

  • Dedicated Turn Lane
  • Freeway Visibility

Nearby Amenities & Transportation

Retail Famous Dave's
Retail Johnny Carino's Italian
Retail Original Roadhouse Grill
Retail Mimi's Cafe
Retail Global Credit Union
Retail Anytime Fitness
Retail My Gym
Retail Chili's Grill & Bar
Retail Baja Fresh
Retail Hot Dog on a Stick

Property Taxes

Parcel Number 3093-181-07 Improvements Assessment $1,950,000
Land Assessment $665,000 Total Assessment $2,615,000
Date Created: 2024-07-16 04:09:24 Last Updated: 2024-07-16 04:09:24
Address: 12100 Amargosa Rd , Victorville, California, 92392