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31673943
31673994

14321 Bear Valley Road, Victorville, CA 92392 For Sale

AR
CA CA 01814678
Marcus & Millichap - Los Angeles
AB
CA 02196472
Marcus & Millichap - Los Angeles
Marcus & Millichap - Los Angeles
Listed by Marcus & Millichap - Los Angeles
$2,541,000
103 days on market
Updated 11 days ago

Archibald's Drive-Thru - Victorville CA - Absolute NNN

Details
APN 3072231170000
Property Type Retail
Sub Type Restaurant, QSR/Fast Food
Square Footage 3,094
Cap Rate 6.00%
NOI $152,460
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 07/31/2034
Remaining Term 8
Rent Bumps Yes
Lease Options Four 5-Year Extension Options
Pro-Forma Cap Rate 6.60%
Pro-Forma NOI $167,706
Price per SqFt $821
Year Built 2001
Stories 1
Lot Size (SqFt) 38,002
Zoning C2
Parking Spaces 48 spaces
Parking per 1,000 SqFt 15.51
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 08/01/2014
Ground Lease No
Ownership Fee Simple

Abs. NNN Drive-Thru Socal 6% CAP - Pad to Lowe's

Marketing description

The Ovaness-Rostamian Group of Marcus & Millichap is pleased to present the opportunity to acquire a true absolute NNN drive‑thru asset offering fee‑simple ownership with zero landlord responsibilities. The tenant covers all CAM, taxes, insurance, and property maintenance, providing a fully passive investment. The property features a high‑performing drive‑thru format—one of the most sought‑after models in today's QSR and retail market—supported by a long‑term lease with eight years remaining, four five‑year options, and scheduled 10% rent increases every five years.

The site is leased to Archibald's, a proven Inland Empire operator with more than twelve years of established market presence and consistent all‑day traffic. Strategically positioned at the signalized entrance to Dunia Plaza, the property benefits from strong visibility, national co‑tenancy, and excellent access to the I‑15 Freeway (102,606 cars per day) and Bear Valley Road / Mall Boulevard (39,203 combined cars per day). It sits directly across from the Mall of Victor Valley, drawing steady crossover activity from major retailers such as Dick's Sporting Goods, Macy's, JCPenney, Walmart, Best Buy, Kohl's, Michaels, BJ's, Chili's, Applebee's, Panera Bread, and more.

The surrounding five‑mile trade area includes over 196,000 residents with average household incomes above $91,000, supported by nearby employment centers and established residential neighborhoods—creating strong daily‑needs demand and reinforcing the long‑term stability of the location.

Investment highlights

  • Absolute NNN Drive-Thru Concept | Fee Simple Ownership | Zero Landlord Responsibilities
  • 8 Years Remaining on Initial Term | 10% Increases Every 5 Years | Next Increase 2029
  • Archibald's | Established Regional Operator with Proven Concept
  • Prime Victorville Location | High Traffic Retail Corridor
  • Directly Across from Victor Valley Mall | Regional Retail Hub
  • Strong 5-Mile Demographics | Dense Population with Daily-Needs Demand

Listing Contacts

AR
CA CA 01814678
Marcus & Millichap - Los Angeles
AB
CA 02196472
Marcus & Millichap - Los Angeles
Marcus & Millichap - Los Angeles
Listed by Marcus & Millichap - Los Angeles

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$152,460.00
$12,705.00/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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Additional Information

Name
Tony Solomon
License
01238010
Title
Broker of Record
Name
Ara Rostamian
License
CA 01814678
Brokerage Phone
2139431781
Title
CA
Brokerage Address
1900 Avenue of the Stars
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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