Connect with us

All News

New retail site including ALDI and Panera Bread coming soon to Hesperia across from Victor Valley College

Published

on

(This AD is paid for by the Elizabeth" Liz" Becerra for Victorville City Council campaign.)

HESPERIA, Calif. (VVNG.com) — Desert land that sits near the Mojave River Bed has been graded, and construction is expected to begin in the near future.

NAI Capital completed the sale in the summer of 2019 and the new owner is developing the property into a new shopping center and has already secured ALDI as the anchor tenant.

The 11.72 acres of land carried a $3,095,000 price tag, or $264,078 per acre, and sits in a unique location in Hesperia, bordering the town of Apple Valley and the city of Victorville.

The property is located on Bear Valley Road in a central location across from Victor Valley College surrounded by new retail developments including Best Buy, Home Depot, Lowe’s, Target, Winco Food, and other national retailers.

In addition to Panera Bread and AutoZone. The developer is also working to bring other tenants to the project.

The new development sits along the Mojave River.

“This is an outstanding development opportunity for the new owner. The major challenge to this project was assisting the developer to obtain a sewer hookup from a County operated facility in City of Victorville to City of Hesperia, which we were able to accomplish,” stated Mehdi Mostaedi,  Executive Managing Director with NAI Capital’s Victorville office.

With approximately 71,042 cars already traveling on Bear Valley Road per day, that number is expected to increase with the new development, therefore work to the infrastructure of the road is planned to take shape at surrounding intersections.

The entrance will be on the south side of Bear Valley Road at Mojave Fish Hatchery Drive. (Gabriel D. Espinoza, Victor Valley News)

This location will be the second ALDI to open in Hesperia in less than half a decade. The first location was opened on Main Street and Escondido Avenue in September 2017, according to a previous VVNG article.

Follow our social media accounts to find more updates about this project.

To follow updates to this article and more, Join our newsgroup on Facebook with over 140,000 members, Like our Facebook page, and Follow us on Instagram and Twitter.

Trending