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20236 US Highway 18, Apple Valley, CA 92307

Commercial property

20236 US Highway 18, Apple Valley, CA 92307 Sold June 2023 CRMLS
$1,750,000Sold June 2023

Listing Agent: Robert Kurth (DRE #01244413) · Listing Office: Kursch Group, Inc. · Contact: RKurth@KurschGroup.com · Bought with: Robert Kurth · Kursch Group, Inc. · MLS #HD23051421 · Source: CRMLS

4,020
Building Sq Ft
17,400 sqft
Lot Size
2003
Year Built
Commercial property
Type

About this commercial property

4,020 sf Building. 17,400 sf parcel within the Rancherias Plaza Shopping Center. 2 large ADA restrooms and breakroom with plumbing. New roof was installed in 2019 along with 4 new HVAC Units. Abundant Space to install monument signage along the street frontage. Ample shared reciprocal parking. Less than one-half mile from the Town of Apple Valley Civic Center. Current Tenant is Chase Bank. As an investment opportunity, Chase Bank pays annual rent of $135,204.30, plus NNN through August 31, 2025. This may also be an Owner-User opportunity, as Chase Bank is not currently occupying the premises which might offer the possibility of a buy-out.

Listing description from the June 2023 sale, as reported to CRMLS.

Sale history

$1,750,000
Sold June 2023 · listed $1,850,000, on market March 2023 · MLS #HD23051421 · Source: CRMLS
Listing Agent: Robert Kurth · Listing Office: Kursch Group, Inc. · Contact: RKurth@KurschGroup.com · Bought with: Robert Kurth · Kursch Group, Inc.
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