14475 7th Street,  Victorville CA, 92395 (Commercial)

Status: Sold
MLS#: AR15094015
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Last Updated: 12/7/2016 2:39 AM
Description for 14475 7th Street Victorville, CA 92395
RE/MAX Premier is pleased to offer this free standing Pep Boys Auto shop located at 14475 7th Street, Victorville, California. Pep Boys has occupied the property since 1996 and is currently on year 7 of the 15 year lease with annual 1.5% rental increase. There are three (5) year options and one (4) year (11) month option with fair market value rental increases during the option periods. Pep Boys occupies approximately 19,630 Sq. Ft. of building with 12 auto repair bays on a 1.40 Acres of land. Renovated in December 2004. Surrounding the subject property are popular chain stores which includes but not limited to Burger King, El Pollo Loco, Carl's Jr., Danny’s Restaurant, CVS, Rite Aid, Payless Shoesource, Auto Zone, Big Lots, Food 4 Less, 99cent Only, Dollar Tree, Starbucks, and Costco. Adjacent to the property is a Green Tree 18 holes golf course and multiple single-family home communities.
Price
Sold Price:
$4,730,000
Sold Date:09/23/2015
San Bernardino
AR15094015
Closed
Description
RE/MAX Premier is pleased to offer this free standing Pep Boys Auto shop located at 14475 7th Street, Victorville, California. Pep Boys has occupied the property since 1996 and is currently on year 7 of the 15 year lease with annual 1.5% rental increase. There are three (5) year options and one (4) year (11) month option with fair market value rental increases during the option periods. Pep Boys occupies approximately 19,630 Sq. Ft. of building with 12 auto repair bays on a 1.40 Acres of land. Renovated in December 2004. Surrounding the subject property are popular chain stores which includes but not limited to Burger King, El Pollo Loco, Carl's Jr., Danny’s Restaurant, CVS, Rite Aid, Payless Shoesource, Auto Zone, Big Lots, Food 4 Less, 99cent Only, Dollar Tree, Starbucks, and Costco. Adjacent to the property is a Green Tree 18 holes golf course and multiple single-family home communities.
Listing Information
Property Type: General Commercial, Other
1.4 Acres 60,984 sq.ft. $240.96
1996
Neighborhood
Room Information
Exterior / Lot Features
None
Driving Directions
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Financial Considerations
0396201160000
Listing Price History

Victorville Real Estate

Victorville is located in California. Victorville, California 92395 has a population of 115,069.

The median household income in Victorville, California 92395 is $52,165. The median household income for the surrounding county is $54,750 compared to the national median of $53,046. The median age of people living in Victorville 92395 is 29 years.

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Courtesy: RE/MAX Premier Properties Eddy Ho
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