- For Sale $3,001,257
- Property Type Retail
- Property Size 7,359 SF
- Lot Size 0.54 Acre
- Cap Rate % 6.5
- NOI / YR $210,088.00
- Date Updated Dec 17, 2025
Description
CBRE is pleased to offer for sale the Mojave River Academy and Wells Fargo ATM net-leased
property located in Victorville, CA. This approximately 7,359 SF free-standing pad building is
situated within Victor Plaza, a well-established 171,636 SF neighborhood center anchored by
dd’s Discounts, Goodwill, AutoZone, and other national retailers.
The Primary lease with Mojave River Academy features over 6 years remaining on its 12-
year term, with 3% rental increases annually. The current base rent of $28 per square foot
annually is competitive within the market for similar properties, enhancing the investment’s
overall stability.
The property boasts excellent visibility, signage, ample parking, and convenient access from
7th Street, a major north-south thoroughfare in Victorville’s retail corridor. It is conveniently
located just off the Roy Rogers Drive freeway exit, with nearby amenities including Costco.
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Contacts
CBRE
CBRE
