Cardenas Anchored Center — Sale in Victorville, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Victorville, CA 92392

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Investment Figures

Cap rate
6.36%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present 14536 & 14592 Palmdale Road, a fully occupied retail investment opportunity positioned within the shops fronting a Cardenas Markets-anchored retail corridor in Victorville, California. Cardenas Markets, one of the region’s leading Hispanic grocery operators, drives consistent daily consumer traffic to the corridor and provides a stable demand base for the Property’s in-line tenants. The center features below-market rental rates, presenting investors with a compelling opportunity for future rent growth and income enhancement. Located within the High Desert’s largest city, the Property benefits from a growing consumer base that supports sustained retail demand and long-term leasing stability. Positioned just off Interstate 15 and Highway 395, the Property offers exceptional accessibility within one of Victorville’s primary commercial corridors, with surrounding roadways carrying approximately 43,678 vehicles per day and delivering strong exposure to both residents and regional travelers throughout the High Desert. Proximity to Victorville City Hall and the San Bernardino County Courthouse further reinforces daytime population density and consistent consumer activity in the immediate trade area. Positioned along one of Victorville’s primary retail corridors, 14536 & 14592 Palmdale Road offers investors the opportunity to acquire a stabilized, fully occupied asset with both immediate cash flow and future upside. Additionally, a new roof was installed within the past year, helping to minimize near-term capital requirements and reduce deferred maintenance concerns. Coupled with below-market rents, strong traffic patterns, and established surrounding retail, the Property presents a compelling opportunity to capture future income growth while benefiting from stable occupancy in one of Victorville’s most active commercial corridors. Investment Highlights: • Signalized Corner of Palmdale Road & El Evado Road • Direct Access to I-15 Fr

Market Context

This retail in Victorville, CA is listed for sale. It is offered at an approximate 6.4% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Victorville, CA — view the full market.

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