Coco's Restaurant & Bakery

New 11-Year NNN lease was executed 6/2012 and offers four 5-year options thereafter. The site has been a CoCo's at this location since 1980 (32 years). Located directly off the loop to the I-15 (the freeway that connects Southern California from San Diego to Las Vegas, NV).

 

Across the street from the site is a Budget Inn, Ambassador Inn, Days Inn, and Del Tac. Located directly behind the site is a Kaiser Permanente Office/Clinic servicing the local communities. Yoshi Sushi and ARCO are on another corner. Adjacent to the site is a local Corrections Parole Office, University of LaVerne Satellite location, Allied Behavioral Health & Counselling Center and a US Social Security Office location are also in the immediate area.

 

On the opposite side of the I-15, is a Quality Inn & Suites, Avis Rent-a-Car, Denny's, a Starbucks, and the Green Tree Golf Course. Just off the corner of Palmdale Rd and Park Ave., is a Target shopping center where the Starbucks and Subway Sandwich shop are located.

Additional Info

  • Address: : 15570 E Park Ave, Victorville, CA 92392
  • Price: : $2,040,816
  • Net Rentable Area: : 6,330
  • Lot Size (Acres): : 1.40
  • CAP Rate: : 7.35%
  • Price Per Sqft: : $322.40
  • NOI: : $150,000
  • Year Built: : 1980
  • Status: : Available

What Clients Are Saying                                     
 

"Lior Regenstreif is a professional broker that achieves real results for his clients. We purchased a transaction from a seller who had not sold a property in many years and wanted the highest price with no hassles. We were the ultimate buyer and Lior got his seller the price he wanted and made the process as smooth as possible."
Brian Fagan, Selective Real Estate Investments

Contact Us

NNN Deal
in association with Marcus & Millichap

16830 Ventura Blvd. Suite 100
Encino, CA 91436

Lior Regenstreif
First Vice President, Investments
Senior Director, National Retail Group
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Rebekah Zweiban Wallack

Senior Research Analyst
Special Projects Coordinator
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Toll Free: 888.NNN.DEAL
Phone: 818.907.9525
Fax: 818.907.8557