Keegan Cin | Realtor® | License # DRE 01971604

Property

Hesperia, CA 92345 15480 Main Street

15480 Main Street Hesperia, CA - Image 115480 Main Street Hesperia, CA - Image 215480 Main Street Hesperia, CA - Image 3
34 more
15480 Main Street Hesperia, CA - Image 415480 Main Street Hesperia, CA - Image 515480 Main Street Hesperia, CA - Image 615480 Main Street Hesperia, CA - Image 715480 Main Street Hesperia, CA - Image 815480 Main Street Hesperia, CA - Image 915480 Main Street Hesperia, CA - Image 1015480 Main Street Hesperia, CA - Image 1115480 Main Street Hesperia, CA - Image 1215480 Main Street Hesperia, CA - Image 1315480 Main Street Hesperia, CA - Image 1415480 Main Street Hesperia, CA - Image 1515480 Main Street Hesperia, CA - Image 1615480 Main Street Hesperia, CA - Image 1715480 Main Street Hesperia, CA - Image 1815480 Main Street Hesperia, CA - Image 1915480 Main Street Hesperia, CA - Image 2015480 Main Street Hesperia, CA - Image 2115480 Main Street Hesperia, CA - Image 2215480 Main Street Hesperia, CA - Image 2315480 Main Street Hesperia, CA - Image 2415480 Main Street Hesperia, CA - Image 2515480 Main Street Hesperia, CA - Image 2615480 Main Street Hesperia, CA - Image 2715480 Main Street Hesperia, CA - Image 2815480 Main Street Hesperia, CA - Image 2915480 Main Street Hesperia, CA - Image 3015480 Main Street Hesperia, CA - Image 3115480 Main Street Hesperia, CA - Image 3215480 Main Street Hesperia, CA - Image 3315480 Main Street Hesperia, CA - Image 3415480 Main Street Hesperia, CA - Image 3515480 Main Street Hesperia, CA - Image 3615480 Main Street Hesperia, CA - Image 3715480 Main Street Hesperia, CA - Image 38
Presented By: Eric Ault with On the House Realty & Lending; 951-545-7339
  • MLS# PW25049490
  • 03/06/2025
  • Request Tour
  • Request Info
  • SQFT • 14,490
  • Year Built • 2006

Home Details

Prime Investment Opportunity: Secure an investment in this Retail property with Walgreens (NASDAQ: WBA) boasting an Investment Grade Credit Rating of "BBB" by Standard & Poor's. Lucrative Returns: With 2024 annual revenues surpassing $147 Billion, up over 6% from the previous year, and the tenant operating at this location for 20 years, this property presents a compelling opportunity for investors seeking a stable and high ROI potential. Added Value: Benefit from the convenience of a drive-thru pharmacy on-site, enhancing the property's appeal and further solidifying its position as a lucrative investment in the competitive retail sector. Zero landlord responsibility with absolute Triple Net lease. Lucrative investment opportunity with the tenant responsible for all NNN fees, including property taxes and insurance, ensuring a hassle-free income stream for investors. With a 75-year lease that began in February 2006, stability and long-term returns are at the core of this enticing offering. The lease has ten separate 5-year termination options with the first termination option on January 31, 2031.
Presented By: Eric Ault with On the House Realty & Lending; 951-545-7339

Interior Features for 15480 Main Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
LivingAreaSourceAssessor
Total Stories1

Other Rooms

Entry Level1

General for 15480 Main Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Business TypeRetail
Cap Rate5.7
Carport Y/NNo
CityHesperia
CountySan Bernardino
Current FinancingNone
DirectionsLocated on the corner of Main St. and 11th Ave. 3 miles east of the 15 freeway
Electric On Property Y/NNo
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan, Exchange1031
Lot Size Square Feet52078.0
Lot Size UnitsSquareFeet
MLS AreaHSP - Hesperia
MobileHomeRemainsYNNo
New ConstructionNo
Number of Units Leased1
Occupancy TypeOwner
Property Attached Y/NNo
Property Sub Type AdditionalRetail
Property SubtypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Waterfront Y/NNo
Year Built2006

Exterior for 15480 Main Street

Building Area Total14490.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot
Lot Size Acres1.1955
Lot Size Area52078.0
Lot Size SourceAssessor
Number of Buildings1
Open Parking Y/NNo
Private PoolNo
SpaNo
Water SourcePublic

Additional Details

Price History

Justin Hughey

Price $5,872,210
MLS#PW25049490
List Date 03/06/2025
Property Type Commercial
Request Tour
Request Info

Similar Properties to 15480 Main Street

Skip to content