16910 State Highway 14, Mojave, CA 93501 | MLS DW21203401 | Listing Information | Real Estate Reader
FOR SALE
$1,499,000

16910 State Highway 14
Mojave, CA 93501    Directions

Retail
Residence
9,956
Sq. Ft.
1.76
Acre Lot
1of
Photos
Map
Living Area Icon
9,956
Sq. Ft.
Lot Size Icon
1.76
Acre Lot
Courtesy: Fernando Spindola CalDRE: 01745219 - Excellence Real Estate
Real Estate Reader> California> Mojave> 93501
All units have been rented out, waiting on updated numbers. Previous description was: Great investment with a lot of potential due to the varied business types at this property. Estimated current Gross Scheduled Income: $68,676 per year. Minus 10% vacancy factor and minus another 10% expense factor, Net Operating Income is about: $55,627. Proforma Gross Scheduled Income: $116,676 with estimated Capitalization rate: 7.27%. Located right next to Stater Brothers which brings in a lot of foot traffic. Property is part of a wing in a shopping center, the other wing is also for sale, along with the stand alone restaurant at the entrance of the parking lot. Seller is motivated. Tenants have been current and appear COVID resilient. There are different types of businesses located at this strip center. Must see and drive by.
DW21203401
Retail, 1 Story
Kern
1984
1.76 Acres
Public
1
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Fernando Spindola, Excellence Real Estate
Agent License: 01745219

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