***Come VIEW and MAKE an OFFER TODAY! This 20-UNIT Multi-Tenant Office Building is located just off the Palmdale Rd and I-15 exit, right in the heart of expanding Victorville CA. The FULLY OCCUPIED building generates OVER $256,000 in GROSS RENTAL REVENUE with the ability to provide LUCRATIVE CAP RATES for any savvy real estate investor. The main tenant, Mission Career College, occupies 5,500sf of the first floor with the remaining rentable square footage being comprised of 19 EXECUTIVE SUITES occupied by a variety of thriving business owners. Situated on the north side of the PARK CENTER, the site is adjacent to the freeway offering maximum visibility as tens of thousands drive by everyday. Plus, the site includes ample parking for all its business owners and their customers. With limited PREMIUM OFFICE SPACE available, and lease rates on the rise in the High Desert area this is a MUST SEE OPPORTUNITY before it's too late.***
MLS # | HD25049295 |
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Listing Type | For Sale |
Style | Office Building |
Sub-Type | Resale |
Status | Pending |
Year | 1984 |
Days On Site | 106 |
Listing Provided By | CPI Capital Properties | John Connolly |
SQ Feet | 13,068 |
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Story(s) | 2 |
Units | 20 |
Zoning | Commercial |
Acreage | 0.97 |
Lot Features | Sixteen To Twenty Units Acre, Lot Over40000Sqft, Level |
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State | CA |
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County | San Bernardino |
City | Victorville |
Zip Code | 92392 |
Area | VIC Victorville |
Listing VS Median (in 92392) | |
Price: $1,950,000 low | high Med: $452,500 SqFt: 13,068 low | high Med: 1,845 $ / SqFt: $149 low | high Med: $253 On site: 106 low | high Med: 50.000000 |