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The Atrium Plaza 14075 Hesperia Rd 20,990 SF 94% Leased Office Building Victorville, CA 92395 $3,396,925 CAD ($161.84 CAD/SF) 5.70% Cap Rate
Investment Highlights
- Over $247,000 Gross Annual Income
Executive Summary
***Come VIEW and MAKE an OFFER TODAY! Welcome to The Atrium Plaza, located in the heart of expanding Victorville CA. Positioned with frontage along HIGH TRAFFIC, Hesperia Rd, the site sees thousands drive by everyday, and is only minutes away from recently opened La Mesa/Nisqually Rd exits off Interstate-15. The 1.53 ACRE LOT provides ample parking to accommodate many businesses and all their customers. Plus, the front and rear parking lots were recently refurbished, seal coated, and striped. In addition, the adjacent 20,000sf commercial lot is INCLUDED, offering the potential for future expansion (See APN 0477-232-29). Also, the building's roof is only a few years old. Inside the 2-Story, well maintained, Office/Retail Building is comprised of 16 UNITS totaling nearly 21,000sf of rent-able space, and the unique "Atrium" common areas deliver a scenic, inviting atmosphere. Currently at 94% occupancy, the property is earning over $247,000 in GROSS ANNUAL INCOME, making it ideal for any commercial investors in the market for lucrative cap rates. With limited commercial space available, and lease rates on the rise in Victorville this is a MUST SEE OPPORTUNITY before it's too late.***
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
20,990 SF
Building Class
B
Year Built
1984
Price
$3,396,925 CAD
Price Per SF
$161.84 CAD
Cap Rate
5.70%
NOI
$193,614 CAD
Percent Leased
94%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,495 SF
Slab To Slab
11’
Building FAR
0.24
Lot Size
1.98 AC
Opportunity Zone
Yes
Zoning
C-1, Victorville - General Commercial. Office Building.
Parking
70 Spaces (3.33 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Signage
- Common Parts WC Facilities
- High Ceilings
- Open-Plan
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,618,031 CAD | |
| Land Assessment | $830,156 CAD | Total Assessment | $3,448,187 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$830,156 CAD
Improvements Assessment
$2,618,031 CAD
Total Assessment
$3,448,187 CAD
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The Atrium Plaza | 14075 Hesperia Rd
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