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17051 Bear Valley Rd
Hesperia, CA 92345

$4,635,000 USD

Drugstore For Sale  •  15,120 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 15,120 SF
  • Lot Size 1.12 AC
  • Building Class B
  • Year Built 2002
  • Cap Rate 7.25 %
  • Tenancy Single
30 Transit Score
60 Walk Score

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

Property Flyers

Cap Rate: 7.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Walgreens 10/3/2027

Amenities

  • Bus Line
  • Dedicated Turn Lane
  • Pylon Sign
  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
Victorville Amtrak (Southwest Chief - Amtrak) 9 min - 5.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
Tim Genske 626-240-2783 Lee & Associates
Tim Genske 626-240-2783 Lee & Associates