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15980 BEAR VALLEY RD Victorville CA 92395-9587

[Locked] • APN 3093611180000

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Details
Property Type Office
Sub Type Medical Office
Building SqFt 4,330
Lot SqFt 41,534
Acreage ******
Number of Units 1
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code C-1
Year Built 2014
Building Count 1
Opportunity Zone No
Lease Rate ******
Lease Term ******
Remaining Term ******

Property History

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Property Type
Property Type
Office
Property Subtype
Medical Office
Marketing Description

Marcus & Millichap is pleased to present 15980 Bear Valley Road, Victorville, CA. This offering presents a compelling

opportunity to acquire a well-located medical office property in Southern California anchored by The Oncology

Institute (NASDAQ CM: TOI), a leading provider of oncology services.

15980 Bear Valley Rd is a 4,330-square-foot single-tenant medical office building on 0.95 acres, built in 1999 and

had undergone a complete renovation in 2017. This site has room for facility expansion or additional improvements

to be constructed on-site adding add-value opportunity and a higher probability of tenant retention. The building

is fully occupied by The Oncology Institute, providing a stable, long-term lease structure with a publicly traded

healthcare provider. Additionally, the property generates passive income from a Cingular Wireless satellite pole,

further diversifying its revenue stream. Positioned along a highly visible and accessible corridor, the property benefits

from strong demand for medical office space in Victorville’s expanding healthcare sector. In 2017, ownership installed

new electrical, roofing, fire sprinkler, plumbing, parking lot, landscaping, and construction of new radiation oncology

vault.

This property offers investors a unique opportunity to acquire healthcare-anchored asset in growing submarkets with

strong tenant stability. The presence of essential service providers, including a publicly traded medical group, ensures

consistent occupancy and reliable cash flow. Additionally, the combination of a strategic location within established

medical and retail hubs further supports long-term tenant demand. Medical office buildings remain one of the most

resilient asset classes in commercial real estate, and this asset presents an attractive, income-producing investment

with institutional-quality tenancy and long-term growth potential.

Investment Highlights

Modified Gross Lease Structure

• 3% Annual Rental Increases for the Oncology Institute

• Two, Four Year Renewal Options

• Leading Provider of Oncology Services

• Stable Tenant in a Growing Submarket

• 1.3 miles from Desert Valley Hospital 148-Bed Acute Care Hospital

Sale Date
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Sold Price
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Buyer Borrower 1 Corp Indicator
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Buyer Borrower 1 Name
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Buyer Borrower 1 Relationship Type
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Mortgage Recording Date
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Mortgage Term
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Document Number
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Document Type
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Mortgage Interest Rate
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Mortgage Loan Type
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Mortgage Lender Name
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Loan Amount
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Mortgage Document Date
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Mortgage Document Number
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Mortgage Estimated Interest Rate Indicator
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Sales Price Code
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Transaction Type
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Seller 1 Name
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Transfer Tax
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Sold By
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Sold To
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Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
FR
Frank Roti PRO
•••.•••.7013
•••••.roti@•••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
BR
Brett Rodgers
•••.•••.7012
•••••.•••gers@•••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
SB
Scott Barrow
•••.•••.7114
•••••.••rrow@•••••••••••••••.com
Brokerage logo

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