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15865 Bear Valley Rd
Hesperia, CA 92345

Industrial Property For Sale

Investment Highlights

  • High Visibility on Major Road to Victorville, Hesperia, and Apple Valley

Executive Summary

5.5% Cap Rate! Commercial Investment Property - Free standing building with a secure yard on a Major, high traffic, high visibility road. Monument sign at street view. Building consists of 3,048 sf with 3 ground level high clearance roll-up doors. There is an office area inside as well as customer waiting area and mezzanine. Includes separate customer and staff restrooms. 18 foot ceilings with 3 phase power (buyer to verify). Over 30000 sq foot lot . Customer parking area in front with most of the lot secured behind a gate. Zoned Commercial C2. Has previously been used as an auto repair facility. New tenant in place with lease expiring in summer 2023. Recent tenant improvements have been completed.

PROPERTY FACTS

Sale Type Investment or Owner User
Cap Rate 4.74%
Sale Conditions Building in Shell Condition
Property Type Industrial
Property Subtype
Service
  • General Retail Auto Repair
  • General Retail Freestanding
  • FlexLight Distribution
Building Class B
Lot Size 0.70 AC
Rentable Building Area 3,048 SF
No. Stories 1
Year Built 2001
Tenancy Single
Parking Ratio 4.59/1,000 SF
Clear Ceiling Height 18 FT
No. Drive In / Grade-Level Doors 3

Amenities

  • Fenced Lot
  • Mezzanine
  • Skylights
  • Yard
  • Storage Space
  • Monument Signage

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City Water
  • Sewer - City Sewer
  • Heating - Gas

About 15865 Bear Valley Rd , Hesperia, CA 92345

Commercial Investment Property - Free standing building with a secure yard on a Major, high traffic, high visibility road. Monument sign at street view. Building consists of 3,048 sf with 3 ground level high clearance roll-up doors. There is an office area inside as well as customer waiting area and mezzanine. Includes separate customer and staff restrooms. 18 foot ceilings with 3 phase power (buyer to verify). Over 30000 sq foot lot . Customer parking area in front with most of the lot secured behind a gate. Zoned Commercial C2. Most recently used as an auto repair facility. New tenant in place with 3 year lease. Building is currently undergoing tenant improvements. 5.5% Cap Rate!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0414-011-11
Land Assessment
$196,856
Improvements Assessment
$514,014
Total Assessment
$710,870

zoning

Zoning Code C2, Hesperia
C2, Hesperia
  • Listing ID: 18803249

  • Date on Market: 3/9/2020

  • Last Updated:

  • Address: 15865 Bear Valley Rd, Hesperia, CA 92345

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