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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
0.29
Lot Size
0.70 AC
Zoning
Office/ Medical - Commercial
Parking
41 Spaces (4.61 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 102
  • 422 SF
  • Office/Medical
  • Partial Build-Out
  • Jun 2026

Approximately 422 SF office suite available in a professional, well-maintained 6-unit building in Apple Valley occupied primarily by dental, laboratory, and health service tenants. Space ideal for solo practitioner, consultant, therapist, or specialty healthcare use. Suite 102 includes own private restroom, independent electric meter, ample parking on-site for clients, and more. Contact listing office for showing instructions; please do not disturb the current tenant.

Space Size Space Use Condition Available
1st Fl-Ste 102 422 SF Office/Medical Partial Build-Out Jun 2026

1st Fl-Ste 102

Size
422 SF
Space Use
Office/Medical
Condition
Partial Build-Out
Available
Jun 2026

1st Fl-Ste 102

Size 422 SF
Space Use Office/Medical
Condition Partial Build-Out
Available Jun 2026

Approximately 422 SF office suite available in a professional, well-maintained 6-unit building in Apple Valley occupied primarily by dental, laboratory, and health service tenants. Space ideal for solo practitioner, consultant, therapist, or specialty healthcare use. Suite 102 includes own private restroom, independent electric meter, ample parking on-site for clients, and more. Contact listing office for showing instructions; please do not disturb the current tenant.

Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Somewhat bikeable
20/100

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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