16930 CA-14, Mojave, CA 93501 For Sale

The Snyder Carlton National Net Lease Team is pleased to offer investors an opportunity to acquire the two-tenant Dollar Tree Shops in Mojave, CA. Dollar Tree (NASDAQ: DLTR) is #137 on Fortune 500 with over $17.57 billion in net sales, operates 8,881 stores across North America, and employs over 143,000 associates.

Dollar Tree recently signed a new lease with over 9.8 lease years remaining in the primary term with $0.99 PSF rent increases at the beginning of two 5-year option periods. Significant value-add potential can be recognized through the lease-up of the remaining 9,282 SF unit.

The 19,623 SF building on a 1.89-acre parcel is strategically located along Aerospace Highway (CA-14), which sees over 14,100 VPD, and is part of the Stater Bros anchored Mountain View Plaza. Nearby retailers include McDonald’s, Starbucks, Jack in the Box, Carl’s Jr., Denny’s, Wienerschnitzel, Flame Broiler, Stater Bros. Market, NAPA Auto Parts, and Family Dollar.

This is a great opportunity to purchase a multi-tenant retail asset in Southern California with a well-established tenant, limited landlord responsibilities, and strong upside potential.