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Investment Highlights

  • Strong Investment Opportunity with Existing Cash Flow & Future Upside Potential
  • Ample Parking with 40 on-site parking stalls & 6 covered parking spaces
  • Convenient access to Highway 18 and Interstate 15
  • Full-Occupancy, 6 Professional Suites, Stable Healthcare Tenant Mix
  • Located in Established Medical Corridor in Apple Valley, near St. Mary Medical Center

Executive Summary

Excellent Investment Opportunity to acquire a fully occupied 6-unit professional office building in Apple Valley offering approximately 8,895 of Rentable SF, leased to dental, medical, and related healthcare service tenants. One office +/- 422 SF (Suite 102) is scheduled to become vacant in June 2026,providing potential for lease-up or owner-user occupancy. The property benefits from a stable tenant mix and is strategically located within Apple Valley's established medical and professional corridor. Well-maintained property featuring professional suites, attractive landscaping, and ample on-site parking.
Showing by drive-by only; please do not disturb tenants. Property sold in "As-IS" condition. Buyer to cooperate with Seller's 1031 exchange.

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
8,895 SF
Building Class
C
Year Built
1988
Price
$2,400,000
Price Per SF
$269.81
Cap Rate
5.10%
NOI
$122,400
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,895 SF
Building FAR
0.27
Lot Size
0.75 AC
Zoning
Office/ Medical - Commercial
Parking
46 Spaces (5.17 Spaces per 1,000 SF Leased)

Property Taxes

Property Taxes

Parcel Number
0473-396-01
Land Assessment
$200,000
Improvements Assessment
$1,650,000
Total Assessment
$1,850,000
  • Listing ID: 39749467

  • Date on Market: 3/12/2026

  • Last Updated:

  • Address: 16127 Kasota Rd, Apple Valley, CA 92307

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