Hesperia Shopping Center

Location: Hesperia, CA
Type: Retail
Price: $3,100,000

SMC provided a $3,100,000 ten-year fixed rate loan on a 20,000 sf shadow anchored retail center located in Hesperia, CA. The Property was built in 2008 and is shadow anchored by a 40,000 sf Stater Brothers grocery store.  The property was 100% occupied at time of closing and is located approximately 80 miles northeast of the Los Angeles CBD.