Victorville Pavilion Shops | 14190 Bear Valley Rd
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Victorville Pavilion Shops 14190 Bear Valley Rd 11,618 SF 100% Leased Retail Building Victorville, CA 92392 $6,540,000 ($562.92/SF) 6.80% Cap Rate
INVESTMENT HIGHLIGHTS
- Main & Main Location – Signalized intersection on Bear Valley Rd (±43,613 CPD), just 1,500 feet from I-15 (±115,700 CPD)
- High-Barrier, High-Demand Retail Corridor – Only 3.1% vacancy for shops under 10,000 SF (CoStar)
- Publicly Traded Tenants – T-Mobile and OneMain Financial offer transparency via SEC reporting
- 100% Leased to Creditworthy, Service-Oriented Tenants
- E-Commerce-Resistant Tenant Mix – Telecom, financial, medical, and government uses provide stability
- Recent Capital Improvements – New HVAC, slurry seal, fresh paint, and drought-tolerant landscaping
EXECUTIVE SUMMARY
Progressive Real Estate Partners is pleased to present the opportunity to acquire Victorville Pavilion, a fully leased ±11,618 SF multi-tenant retail center located adjacent to the Mall of Victor Valley, which draws over 4.5 million annual visitors. Positioned at a signalized intersection along Bear Valley Road—the region’s primary east-west arterial with ±43,613 cars per day—and just 1,500 feet from the I-15 Freeway (±115,700 CPD), the property offers exceptional visibility and access. The center features a strong, service-oriented, and e-commerce-resistant tenant lineup including T-Mobile (corporate), OneMain Financial (corporate), the Armed Forces Career Center (recruiting center for Army, Navy, Marines, & Airforce), and Joe Orthodontics (private dental practice). Victorville’s Bear Valley Road corridor—from Hwy 395 to Apple Valley Rd—reports a 3.1% vacancy rate for shop spaces under 10,000 SF (CoStar), underscoring the corridor’s strength and sustained demand.
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,618 SF
Building Class
B
Year Built
2004
Price
$6,540,000
Price Per SF
$562.92
Cap Rate
6.80%
NOI
$444,503
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.91 AC
Zoning
C-2T
Parking
35 Spaces (3.01 Spaces per 1,000 SF Leased)
AMENITIES
- Dedicated Turn Lane
- Signalized Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 3095-221-28 | Improvements Assessment | $4,414,200 |
| Land Assessment | $1,324,200 | Total Assessment | $5,738,400 |
PROPERTY TAXES
Parcel Number
3095-221-28
Land Assessment
$1,324,200
Improvements Assessment
$4,414,200
Total Assessment
$5,738,400
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Victorville Pavilion Shops | 14190 Bear Valley Rd
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