11604 Amargosa Rd

A six-tenant restaurant asset located at 11604 Amargosa Road in Victorville has been sold. The property, constructed in 2017, encompasses 11,300 square feet and was fully occupied at the time of the transaction. The selling price was $9,500,000, translating to $841 per square foot. The tenants include notable establishments such as Starbucks Coffee, Nekter Juice Bar, Which Wich, Pieology, Ono Hawaiian BBQ, and Café Rio.

Summary of transaction details:

• Property Type: Restaurant
• Transaction Amount: $9,500,000.00
• Address: 11604 Amargosa Rd, Victorville, CA
• Market: Victorville
• Seller's Representatives: Chris DePierro, Jeff Conover
• Buyer: Tutto USA

Jeff Conover and Chris DePierro from Faris Lee Investments represented the seller in this transaction while the buyer, Tutto USA, was aided by an undisclosed broker based in Los Angeles. The asset was fully leased at the time of sale, indicating a stable investment opportunity for the buyer.