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County of San Bernardino Building 15400 Civic Dr 33,548 SF 100% Leased Office Building Victorville, CA 92392 $8,754,554 CAD ($260.96 CAD/SF) 6.50% Cap Rate
Investment Highlights
- Well Maintained Office Building in the Fast-growing Areas
- Potential Rent Increase of Rent
- Long Term Stable Tenant
Executive Summary
A full-service gross leased office building anchored by a stable, long-term government tenant in the heart of Victorville’s Civic Center. The primary tenant occupies 80% (26,947 SF) under a new five-year FSG lease featuring 3% annual increases and a five-year renewal option, providing secure and predictable income. The remaining 20% (6,601 SF) offers a flexible, move-in-ready opportunity for a professional user seeking a well-located office environment. The property is complemented by a 1.13-acre dedicated parking parcel, fully paved, well-lit, landscaped, and included in the sale—an exceptional amenity in this submarket. Positioned near Interstate 15 and Palmdale Road, the site delivers excellent regional connectivity and convenient access for employees and visitors. Victorville continues to experience robust economic momentum, driven by the Southern California Logistics Airport, a strong industrial base, and the transformative high-speed rail project planned for neighboring Apple Valley.
Property Facts
Sale Type
Investment
Property Type
Building Size
33,548 SF
Building Class
B
Year Built
2004
Price
$8,754,554 CAD
Price Per SF
$260.96 CAD
Cap Rate
6.50%
NOI
$569,046 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
16,774 SF
Building FAR
0.45
Lot Size
1.70 AC
Opportunity Zone
Yes
Parking
210 Spaces (6.26 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Central Heating
- DDA Compliant
- Fully Carpeted
- Open-Plan
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Public Administration
- -
- -
-
Jan 0000
San Bernardino County is a diverse public service organization serving America’s largest county. San Bernardino County is governed by an elected Board of Supervisors and dedicated to creating a community where over a million residents can prosper and achieve well-being as outlined in the Countywide Vision. San Bernardino County’s organizational culture is defined by the four pillars of value, innovation, service, and vision.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Public Administration | - | - | Jan 0000 |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $7,014,221 CAD | |
| Land Assessment | $942,439 CAD | Total Assessment | $7,956,659 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$942,439 CAD
Improvements Assessment
$7,014,221 CAD
Total Assessment
$7,956,659 CAD
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Presented by
Golden Springs Realty
County of San Bernardino Building | 15400 Civic Dr
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