$1,250,000
Excellent opportunity to acquire a multi-tenant commercial investment property positioned along highly trafficked Highway 18 in Apple Valley. The property consists of approximately 9,920 square feet across three separate buildings, offering a diverse tenant mix and stable in-place income. Strategically located with strong street frontage, the asset benefits from consistent daily traffic counts, easy access, and excellent visibility, making it ideal for retail, office, or service-oriented tenants. The site configuration allows for functional layouts, ample parking, and flexibility for future tenant repositioning. This property presents a compelling investment profile for both cash flow and upside. Current rents provide immediate income, with potential to increase returns through lease renewals, rent adjustments, or improved management. The manageable size and price point make it well-suited for private investors and 1031 exchange buyers seeking a stabilized asset in the growing High Desert market. Apple Valley continues to experience long-term growth driven by regional affordability, population expansion, and proximity to major transportation corridors, further supporting tenant demand and long-term value appreciation. A rare opportunity to secure a multi-tenant retail asset in a strong corridor with both income stability and future upside potential.
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Listed by Robert Basen with Coldwell Banker Commercial Rea (760) 684-8000
Property Type
Retail
Status
Active
MLS Number
HD26043834
Year Built
1990
Lot Size
0.65 acres