www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29432665
29432666

19390 Bear Valley Rd, Apple Valley, CA 92308 For Sale

KF
CA 01321833
Hanley Investment Group
BA
CA 01318078, NV COOP.0000245-AUTH
Hanley Investment Group
SC
CA 02114392
Hanley Investment Group
Listed by Hanley Investment Group
$8,060,000
172 days on market
Updated 57 days ago

Marshalls | Apple Valley, CA

Details
Property Type Retail
Sub Type Storefront
Square Footage 23,000
Net Rentable (SqFt) 23,000
Cap Rate 6%
NOI $483,500
Occupancy 100%
Tenancy Single
Brand/Tenant Marshalls
Lease Type NNN
Lease Term 10
Lease Expiration 02/28/2036
Remaining Term 9.6
Rent Bumps Yes
Lease Options Four 5-Year @ 8% Each Option
Price per SqFt $350
Broker Co-Op Yes
Year Built 2026
Buildings 1
Stories 1
Acreage 2.300
Lease Commencement 03/01/2026

New 10-Year Lease | 2026 Construction | #76 on Forbes Fortune 500 List

Marketing description

CLICK HERE FOR FULL OFFERING MEMORANDUM: https://bit.ly/Marshalls_Applevalley

Investment highlights

  • NYSE: TJX; S&P: A; Investment Grade):):

    • The TJX Companies is the parent company of Marshalls and is the leading off-price apparel and home fashion retailer in the U.S. and worldwide operating nearly 4,700 stores in 9 countries under the brands of TJ Maxx, Marshalls, HomeGoods, Homesense, and Sierra

    • New 10-year initial lease term

    • $1.00/SF/Yr increases every 5 years

    • #76 Fortune 500 List – Fortune (2025)

    • #3 Largest Apparel Retailers by Revenue ‒ Statista (2023)

  • Dominant Surrounding Placer Rankings

    • The Home Depot – Top 15% in chain nationwide

    • Stater Bros Markets – Top 8% in grocery category nationwide

    • WinCo Foods – Top 1% in grocery category nationwide

    • Lowe’s Home Improvement – Top 6% in home improvement category nationwide

    • Burlington – Top 14% in chain nationwide

  • Extremely High-Traffic Location off the Signalized Intersection of Bear Valley Road and Apple Valley Road (75,000 CPD)

  • Dense Retail Corridor Surrounded by Major National Retailers:

    • The property benefits from a built-in consumer base driven by other major national retailers including Target, The Home Depot, Lowe’s Home Improvement, Stater Bros Markets, WinCo Foods, Burlington, CineMark, 24 Hour Fitness, PetSmart, Ulta, McDonald’s, Chipotle, El Pollo Loco, Buffalo Wild Wings, Bank of America, etc.

    • Jess Ranch Marketplace draws 6.8 million annual visitors per Placer.ai

    • Located adjacent to new Sprouts Farmers Market anchored center featuring retail shops, Mister Car Wash, and Raising Cane’s

  • Affluent and Growing Demographics + New Housing Developments:

    • An average household income of $107,000 within a 3-mile radius

    • Apple Valley grew over 17% between 2010-2020

    • Rapidly expanding economy with over 27,000 units either planned or under construction

Listing Contacts

KF
CA 01321833
Hanley Investment Group
BA
CA 01318078, NV COOP.0000245-AUTH
Hanley Investment Group
SC
CA 02114392
Hanley Investment Group
Listed by Hanley Investment Group

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$483,500.00
$40,291.67/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591