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Rich Development Sells Hesperia Retail Building

Fully Leased Investment Sold for Over $5.2 Million
The building was constructed in 2021 on 11 acres in the Mojave River Valley retail market of San Bernardino County, in the Inland Empire. (CoStar)
The building was constructed in 2021 on 11 acres in the Mojave River Valley retail market of San Bernardino County, in the Inland Empire. (CoStar)
By Andrew Williams
October 11, 2022 | 5:02 P.M.

A local investor acquired the retail building at 18683 Bear Valley Road in Hesperia, California, for more than $5.24 million, or about $308 per square foot, from Rich Development Enterprises.

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