Listed by The Bradco Companies
$700,000
Investment Opportunity Available In Victorville
Details
APN 0477-133-22-0-000
Property Type Office
Sub Type Traditional Office
Square Footage 5,376
Units 1
Cap Rate 6.76%
NOI $47,332
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 03/31/2030
Remaining Term 3.8
Rent Bumps Yes
Lease Options 1
Price per SqFt $130
Year Built 1970
Buildings 1
Stories 1
Acreage 0.280
Parking Spaces 11 spaces
Parking Per SqFt 2.05
Investment Type Net Lease
Lease Commencement 04/01/2025
Ground Lease No
Office | 6.76% CAP | 5,376 SqFt
Marketing description
Remodeled commercial buildings in Downtown Victorville with convenient access to I-15, offering stable in-place income and upgraded building systems. ±5,376 SF on ±0.28 AC with functional interior layout: large open area (±4,300 SF), 2 offices, 2 ADA restrooms, and utility room. Improvements include sprinklers, fire strobe system, (4) 4-ton HVAC units, 400-amp electrical with subpanels, security cameras, new flat torch roof, and new asphalt parking (11 spaces). NNN lease in place through 3/31/2030 with scheduled rent increases. Please do not disturb occupant.
Investment highlights
Listing Contacts
Listed by The Bradco Companies
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$47,332.00
$3,944.33/mo
Valuation Metrics
0
DSCR
6.76%
Cap Rate
6.76%
ROI
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