$2,500,000
FOR SALEActive14075 Hesperia
Victorville CA 92395
24,616
SF
Office
Type
1989
Built
$102/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
***Come VIEW and MAKE an OFFER TODAY! Welcome to The Atrium Plaza, located in the heart of expanding Victorville CA. Positioned with frontage along HIGH TRAFFIC, Hesperia Rd, the site sees thousands drive by everyday, and is only minutes away from recently opened La Mesa/Nisqually Rd exits off Interstate-15. The 1.53 ACRE LOT provides ample parking to accommodate many businesses and all their customers. Plus, the front and rear parking lots were recently refurbished, seal coated, and striped. In addition, the adjacent 20,000sf commercial lot is INCLUDED, offering the potential for future expansion (See APN 0477-232-29). Also, the building's roof is only a few years old. Inside the 2-Story, well maintained, Office/Retail Building is comprised of 16 UNITS totaling nearly 21,000sf of rent-able space, and the unique "Atrium" common areas deliver a scenic, inviting atmosphere. Currently at 94% occupancy, the property is earning over $247,000 in GROSS ANNUAL INCOME, making it ideal for any commercial investors in the market for lucrative cap rates. With limited commercial space available, and lease rates on the rise in Victorville this is a MUST SEE OPPORTUNITY before it's too late.***
Property Information
Property Overview
Commercial - Office
Property Type
Active
Status
1.9891 acres
Lot Size
24,616 SF
Square Footage
$101.56/SF
Price per SF
5.70%
Cap Rate
$142K
NOI
1,989
Year Built
2
Stories
Property Highlights
N/A Property
Prime Location with High Visibility
5.7% Cap Rate
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
5.70%
Cap Rate
$142,492
NOI
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Closed commercial sales reported, newest first.