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Professional/Medical Office Near St. Mary's 18270 Siskiyou Rd 7,478 SF Office Building Apple Valley, CA 92307 $1,790,000 ($239.37/SF) 4.38% Cap Rate

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EXECUTIVE SUMMARY

Medical Office / Professional Center INVESTMENT FOR SALE. Comprised of 2 building (built in 1982 and 2008), totaling ±7,478 SF on ±0.51 AC site, with 4 total units, the property is located directly behind Providence St. Mary Medical Center (213 beds, 1,750+ caregivers, 300 physicians on-site). The Class B medical office subject boasts 36 surface parking stalls, and is zoned for Office Professional (medical, dental, or professional services use). It is one block from Highway 18 and a 5-min drive from the I-15 freeway. The Site has been well-maintained by the same owner since 2004. All current tenants are long-term net lease tenants. The area is a medical-centric hub for the Town of Apple Valley, with numerous medical, office, professional, and retail in walking distance as well as great residential neighborhoods home to doctors and other professionals residing in the High Desert. With 46,700+ vehicles per day passing on Highway 18 nearby and easy access to retail services such as Starbucks and Jersey Mike’s, the asset captures strong healthcare-focused footfall and makes leasing adjacent to the hospital exceptionally attractive. In fact, Apple Valley sits at the heart of the Inland Empire as San Bernardino County’s 11th-largest municipality (75K residents). Owning a tenant-occupied (Net) medical building will create dependable cash flow, operating expense pass-through, long-term lease stability (medical practices rarely relocate), and rare upside via rent step-ups/recapitalization. Take advantage of a property positioned to produce steady returns for years to come. Ideal for a 1031 exchange buyer or regional investor looking for income with organic growth opportunities. DO NOT DISTURB CURRENT TENANTS. Reach out for more information to schedule a tour.

ATTACHMENTS

Siskiyou Rd OM

PROPERTY FACTS

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
7,478 SF
Building Class
B
Year Built
1982
Price
$1,790,000
Price Per SF
$239.37
Cap Rate
4.38%
NOI
$78,472
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,739 SF
Building FAR
0.32
Lot Size
0.54 AC
Zoning
OP - The O-P district is intended as a buffer to general commercial uses and is primarily for the development of professional and administrative offices.
Parking
35 Spaces (4.68 Spaces per 1,000 SF Leased)

AMENITIES

  • Courtyard
  • Signage
  • Air Conditioning
  • Smoke Detector

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Chris I. Lee, MD
  • Health Care and Social Assistance
  • 1,026 SF
  • -
  • -
  • Real Estate
  • 1,668 SF
  • -
  • -

Rigel Capital is a full-service real estate brokerage that was created with a goal of re-defining the industry. Their philosophy is to align themselves with their clients to build long-term investment strategies and, like their namesake star, be a navigator to their success. Their professional scope ranges from land, retail, office, industrial, water rights, asset management and all other related investments services. In addition to commercial real estate and management, Rigel Capital’s residential side assists its neighbors in finding their perfect home.

  • The Children's Clinic
  • Health Care and Social Assistance
  • 3,060 SF
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Chris I. Lee, MD Health Care and Social Assistance 1,026 SF - -
Real Estate 1,668 SF - -
The Children's Clinic Health Care and Social Assistance 3,060 SF - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0473-394-02
Land Assessment
$215,084
Improvements Assessment
$1,084,710
Total Assessment
$1,299,794
  • Listing ID: 37195978

  • Date on Market: 8/9/2025

  • Last Updated:

  • Address: 18270 Siskiyou Rd, Apple Valley, CA 92307

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