Phelan Village
31,273 SF | Vacant | Retail Building | Phelan, CA 92371 | $5,500,000 ($176/SF)
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 2 days
Asking Price $5,500,000
- Property Type
-
Retail
- Square Feet
- 31,273 SF
- Price / Square Foot
- $176
Listing Contacts
Roxanne Klein
Verified Profile
- Property Info
Property Overview
Located at the prime signalized intersection of Phelan Road and Sheep Creek Road with ±27,809 cars per day, Phelan Village Shopping Center has excellent visibility and outstanding signage.
±16,103 SF owner user opportunity to run your business in the only grocery anchored shopping center for 11 miles.
±31,273 SF anchor building for sale featuring a 51.5% vacancy, which will potentially allow a buyer to obtain a SBA loan. With 48.5% of the building leased to two corporate tenants, Dollar Tree and T-Mobile, the buyer will benefit from collecting rental income.
The community of Phelan draws from the areas of Oak Hills, Pinon Hills, and Wrightwood, which is often called The Land of Four Seasons by residents and tourists.
The trade area has a 2023 population of 60,731, a strong average household income of $101,814 and a much larger demand than current supply regarding retail, service, and medical options. The entire shopping center is very appealing and clean with new paint, great lighting, recent parking lot paving, and nice landscaping.
±16,103 SF owner user opportunity to run your business in the only grocery anchored shopping center for 11 miles.
±31,273 SF anchor building for sale featuring a 51.5% vacancy, which will potentially allow a buyer to obtain a SBA loan. With 48.5% of the building leased to two corporate tenants, Dollar Tree and T-Mobile, the buyer will benefit from collecting rental income.
The community of Phelan draws from the areas of Oak Hills, Pinon Hills, and Wrightwood, which is often called The Land of Four Seasons by residents and tourists.
The trade area has a 2023 population of 60,731, a strong average household income of $101,814 and a much larger demand than current supply regarding retail, service, and medical options. The entire shopping center is very appealing and clean with new paint, great lighting, recent parking lot paving, and nice landscaping.
Property Details
- Class
- C
- Year Built
- 1990
- Stories
- 1
- Property Subtype
- Storefront Retail/Office
- Lot Size (sq. ft)
- 104,980 SF
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