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1/08/26
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Victorville Pavilion, a fully leased 11.6k sf multi-tenant retail center in Victorville, was purchased by a San Diego-based private investor in a $6.1 mil deal ($525/sf). Built in 2004, the property is located at 14190 Bear Valley Rd, just west of I-15.
Victorville Pavilion features several premier, service-oriented, and e-commerce resistant tenants including T-Mobile, OneMain Financial, Armed Forces Career Center, and Joe Orthodontics. The property is ideally located adjacent to the Mall of Victor Valley, which draws over 4.5 million annual visitors and on along Bear Valley Rd, the region’s primary east-west arterial with ±43,613 cars per day.
Lance Mordachini with Progressive Real Estate Partners represented the seller, a private investor. The buyer was repped by Vince Provenzano and Michael Sikorski of Pacific Coast Commercial.
“This transaction reflects continued investor demand for credit-oriented retail assets in growing Inland Empire submarkets, where fundamentals, yield, and tax efficiency continue to align,” said Mordachini. “The buyer was motivated by the combination of tenant credit, strong investment fundamentals, and accelerated depreciation with the intention of closing before the years end.”
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