20250 Outer Hwy 18 | Apple Valley, CA 92307
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20250 Outer Hwy 18
Apple Valley, CA 92307
Walgreens NNN New Price · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Assumable loan $2,672,974 4.53% interest 15/25 payable $16,273 per mo. $128,714 cash flow 5.85% Cash on Cash
- Frontage US Highway 19
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
15,035 SF
Building Class
B
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.49 AC
Parking
63 Spaces (4.2 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
ABOUT 20250 OUTER HWY 18 , APPLE VALLEY, CA 92307
Former Walgreens. Currently DARK. leased for 10 years NNN. $324,000 per year Absolute Net No Landlord Responsibilities Can be Purchased All Cash or assume existing Loan 4.53% interest 25/15. payable $16,273 per month. Approx $2,672,974. 6/1/19 balance. $2,200,000 Approx. down payment Cash Flow $128,714 per year 5.85% cash on cash return with existing loan
PROPERTY TAXES
| Parcel Number | 3112-171-20 | Improvements Assessment | $3,467,854 |
| Land Assessment | $524,085 | Total Assessment | $3,991,939 |
PROPERTY TAXES
Parcel Number
3112-171-20
Land Assessment
$524,085
Improvements Assessment
$3,467,854
Total Assessment
$3,991,939
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