Property Overview
Price/Rent PSF $ 2,713,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 15,105
Date Available 07/05/2018
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Description

Progressive Real Estate Partners is excited to offer for sale Rancherias Plaza, a ±15,105 square foot 92% occupied retail center located in Apple Valley, CA. Anchored by CVS Pharmacy and 99 Cent Only Stores, the property offers a stable and dynamic mix of internet resistant tenants, including: restaurant, dental, medical, beauty, and other service related uses. Rancherias Plaza features a diversified income stream through its seven total tenants, all of whom are paying conservative recession-era market rents. Located at a signalized intersection on the highly trafficked Highway 18 (the trade area’s primary thoroughfare) Rancherias Plaza is ideally positioned to take advantage of the 41,000+ cars passing the site daily.

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