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Single Tenant Restaurant Building For Sale 947-955 Armory Rd 3,827 SF 100% Leased Retail Building Barstow, CA 92311 $673,846 ($176.08/SF) 6.50% Cap Rate



Investment Highlights
- Long Time Tenant - Red Baron Pizza - Over 20 years at Location
- Strong Residential Population Immediately Surrounding the Center
- Established, High-Traffic Retail Center - Anchored by Stater Bros
Executive Summary
Premier Barstow Retail Center – Single Tenant Restaurant Investment
MGR Real Estate, Inc. is proud to present for sale this single tenant restaurant investment occupied by Red Baron Pizza and located within one of Barstow’s premier and most established neighborhood shopping centers, anchored by Stater Bros. Markets and complemented by a strong mix of national, regional, and long-standing local tenants. Strategically located just off the I-15 Freeway, the center enjoys excellent accessibility and visibility and is immediately supported by a large, established residential community to the south, providing a built-in customer base and consistent neighborhood traffic.
The center features an impressive tenant mix including Stater Bros. Markets, Barstow Dollar, Flagstar Bank, Frontwave Credit Union, State Farm, Total Wireless, Western Union, Liberty Tax, Dr. Salman Dental, Barstow Optometric, Sam’s Palace Chinese Food, Chelas y Carnitas, Mariano Jewelers, Split Endz Hair & Nail Salon, Happiness Nails & Spa, and a laundromat.
With a major grocery anchor and a diverse mix of restaurants, banking and financial services, medical and dental providers, personal care, telecommunications, and neighborhood retail, the center serves as an established daily shopping and service destination for the surrounding Barstow community.
The offering benefits from excellent visibility, abundant surface parking, multiple points of ingress and egress, convenient I-15 Freeway access, and a substantial surrounding residential population—creating an opportunity to acquire three multi-tenant retail buildings within a well-established, Stater Bros.-anchored shopping center in the Barstow market.
MGR Real Estate, Inc. is proud to present for sale this single tenant restaurant investment occupied by Red Baron Pizza and located within one of Barstow’s premier and most established neighborhood shopping centers, anchored by Stater Bros. Markets and complemented by a strong mix of national, regional, and long-standing local tenants. Strategically located just off the I-15 Freeway, the center enjoys excellent accessibility and visibility and is immediately supported by a large, established residential community to the south, providing a built-in customer base and consistent neighborhood traffic.
The center features an impressive tenant mix including Stater Bros. Markets, Barstow Dollar, Flagstar Bank, Frontwave Credit Union, State Farm, Total Wireless, Western Union, Liberty Tax, Dr. Salman Dental, Barstow Optometric, Sam’s Palace Chinese Food, Chelas y Carnitas, Mariano Jewelers, Split Endz Hair & Nail Salon, Happiness Nails & Spa, and a laundromat.
With a major grocery anchor and a diverse mix of restaurants, banking and financial services, medical and dental providers, personal care, telecommunications, and neighborhood retail, the center serves as an established daily shopping and service destination for the surrounding Barstow community.
The offering benefits from excellent visibility, abundant surface parking, multiple points of ingress and egress, convenient I-15 Freeway access, and a substantial surrounding residential population—creating an opportunity to acquire three multi-tenant retail buildings within a well-established, Stater Bros.-anchored shopping center in the Barstow market.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,827 SF
Building Class
B
Year Built
1987
Price
$673,846
Price Per SF
$176.08
Cap Rate
6.50%
NOI
$43,800
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.23
Lot Size
0.38 AC
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
244’ on Armory Rd
Amenities
- Dedicated Turn Lane
- Freeway Visibility
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0183-321-09 | Improvements Assessment | $387,401 |
| Land Assessment | $137,550 | Total Assessment | $524,951 |
Property Taxes
Parcel Number
0183-321-09
Land Assessment
$137,550
Improvements Assessment
$387,401
Total Assessment
$524,951
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Single Tenant Restaurant Building For Sale | 947-955 Armory Rd
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