Description

Liberty Village Center is a well maintained, 100 % occupied neighborhood shopping center, shadow anchored by Stater Bros Supermarket, located in Victorville, CA. The tenants of Liberty Village Center consist of food, retail and service providers, including Metro PCS, Little Caesar's Pizza, Baja Taco, Amber's Dry-Cleaning, Hair Salon, My Lady Nail, Mail Master+, Smoke Shop, Glady's Beauty Supply, Mariscos Food, Family Cuts, Liberty Dental, Brow Art, La Pina Loca, Kapasu Insurance, Hanabi Sushi, T-Shirt and a Wells Fargo ATM. The ideal tenant mix consists of essential "daily needs" and convenience oriented retailers. The combination of under market rents and gross leases provide a realistic value-add opportunity when existing rents are taken to market levels. Profit potential through break up strategy as property is separately parceled. 2 New National Tenants are moving into the prior Rite Aid building. The subject property is strategically located at the signalized hard corner intersection of Bear Valley Road and Amethyst Road (51,375 combined vehicles per day and one mile from Interstate 15 (100,250 VPD). Bear Valley Road is a major East-West corridor with many national tenants creating strong tenant synergy and crossover foot traffic. 63% of income stream has been in place for more than 15 years.