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Sunset Plaza 11849 Hesperia Rd, Hesperia CA, 92345

Each Keller Williams office is independently owned and operated

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Sunset Plaza 11849 Hesperia Rd, Hesperia CA, 92345

Presented by

KW Executive is pleased to offer for sale the Sunset Plaza, a 7,229-square foot newer commercial shopping center at a great location in Hesperia, CA

Each Keller Williams office is independently owned and operated

(realtor)

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Sunset Plaza 11849 Hesperia Rd, Hesperia CA, 92345

Parcel Information

Parcel #: 0415092120000 # of Units: 5 Building Sqft : 7,229 SF Lot Size: 29,400 SF (0.67 AC) Year Built: 2009 Type: Shopping Center Parking: 30 Surface Spaces Frontage: 107’ on Hesperia 281’ on Donert Location: Hesperia Rd / Bear Valley Rd Traffic Count Hesperia / Bear Valley (23,059) (Crossroads) Hesperia / Alley Aly S (24,238) Bear Valley / 2nd Ave E (50,391)

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Sunset Plaza 11849 Hesperia Rd, Hesperia CA, 92345

Map

Each Keller Williams office is independently owned and operated

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Sunset Plaza 11849 Hesperia Rd, Hesperia CA, 92345

Map Map

Each Keller Williams office is independently owned and operated

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Sunset Plaza 11849 Hesperia Rd, Hesperia CA, 92345

Financial Overview

Price $1,249,000

Sqft 7,229

Price / SF $177.72

# of Units 5

Lease Status 100% leased out to 4 tenants in modified gross lease

Actual NOI $71,880 (Rent Roll: $87,600, Expenses: $15,720)

Cap Rate Actual 5.75%

Each Keller Williams office is independently owned and operated

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Sunset Plaza 11849 Hesperia Rd, Hesperia CA, 92345

Financial Info Rent Roll #1 – Sunset Liquor: $2800 / mo

#2 – Red Lion Armory: $1,000 / mo #3 -- C&H Jewelry & Pawn Shop: $2,200 / mo #4 – Professional Tax & Consulting Services: $1,300 / mo

Annual: $87,600

Actual Expenses

Insurance – $1500 / yr Water - $150 / mo ( $1800 / yr) Electricity - $75 / mo ($900 / yr) Trash - $175 / mo ($2100 / yr) Gardener - $50 / mo ($600 / yr) Property tax - $7500 / yr Fire Alarm - $600 / yr Fire Water - $120 / yr Misc - $50 / mo ($600 / yr)

Annual: $15,720

Potential Additional Expenses

Projected Property Tax: $12,500 Property management (optional, assume 5%) = $4380/ yr Vacancy rate (assuming 8%) = $7008 / yr

Annual: $16,388 (additional)

Cap Rate Actual 5.75%

Each Keller Williams office is independently owned and operated

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Sunset Plaza 11849 Hesperia Rd, Hesperia CA, 92345

Hesperia General Info Hesperia is a city in San Bernardino County, CA, 1 hour 15 minutes drive from LA. 5 miles from Victorville. It’s located along the I-15, SR-18 and SR-395 highways in the expanding High Desert region of Southern California. With 17 miles of freeway frontage, Hesperia offers easy access to 439,000 Victor Valley residents and traffic counts on I-15 in excess of 200,000 cars per day. The growth is dramatic compared to county, state, and nation, providing an extensive trade market area and labor pool. Increasingly, retail businesses and restaurants are staking their claims in the flourishing City of Hesperia to bring attractive lifestyle options to its ever-growing base of residents with household incomes that average $65,142.

Each Keller Williams office is independently owned and operated

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Sunset Plaza 11849 Hesperia Rd, Hesperia CA, 92345

Neighborhood Profile - Local Businesses

Each Keller Williams office is independently owned and operated

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Sunset Plaza 11849 Hesperia Rd, Hesperia CA, 92345

The information contained in this document has been prepared to provide summary, unverified financial and physical information to prospective buyers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. KW Executive has not made any investigation, and makes no warranty or representation with respect to the income or expenses for the subject property, the future projected, the compliance with local state and federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this document has been obtained from sources we believe to be reliable; however, KW Executive has not verified , and will not verify, any of the information contained herein, nor has KW Executive conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Prospective buyers shall be responsible for their costs and expenses of investigating the subject property.

Disclaimer

Each Keller Williams office is independently owned and operated