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18056 Wika Rd
Apple Valley, CA 92307
Wika Medical Building · Office Property For Sale
INVESTMENT HIGHLIGHTS
- St Mary Hospital close
- High exposure
- Hwy18 major arterial
EXECUTIVE SUMMARY
Wika Medical Office Building – Value Add Opportunity
Presenting a Class C medical office building with 4 suites totaling 9,295± SF. Built in 1991, this single-story property offers a strong value-add opportunity with 3 of 4 units currently vacant, allowing an investor or owner-user to reposition the asset for increased returns.
Building Size: 9,295± SF
Units: 4 (1 occupied, 3 vacant)
Parking: 30 surface spaces
Year Built: 1991
Zoning/Use: Medical office
Highlights:
Excellent opportunity for owner-user with rental income potential
Strong value-add upside through lease-up of vacant suites
Functional floor plans with medical office build-out in place
Convenient single-level access and ample onsite parking
This property is well-suited for medical professionals, investors, or developers looking to capitalize on the demand for healthcare and professional office space.
Presenting a Class C medical office building with 4 suites totaling 9,295± SF. Built in 1991, this single-story property offers a strong value-add opportunity with 3 of 4 units currently vacant, allowing an investor or owner-user to reposition the asset for increased returns.
Building Size: 9,295± SF
Units: 4 (1 occupied, 3 vacant)
Parking: 30 surface spaces
Year Built: 1991
Zoning/Use: Medical office
Highlights:
Excellent opportunity for owner-user with rental income potential
Strong value-add upside through lease-up of vacant suites
Functional floor plans with medical office build-out in place
Convenient single-level access and ample onsite parking
This property is well-suited for medical professionals, investors, or developers looking to capitalize on the demand for healthcare and professional office space.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Medical
Building Size
9,295 SF
Building Class
C
Year Built
1991
Price
$1,900,000
Price Per SF
$204.41
Percent Leased
25%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,295 SF
Building FAR
0.38
Lot Size
0.56 AC
Zoning
GC - General Commercial
Parking
30 Spaces (3.23 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Central Heating
- Reception
- Wi-Fi
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,231,002 | |
| Land Assessment | $466,932 | Total Assessment | $1,697,934 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$466,932
Improvements Assessment
$1,231,002
Total Assessment
$1,697,934
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