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Kasota Professional Building 16127 Kasota Rd 8,895 SF 100% Leased Office Building Apple Valley, CA 92307 $3,271,056 CAD ($367.74 CAD/SF) 5.10% Cap Rate
Investment Highlights
- Strong Investment Opportunity with Existing Cash Flow & Future Upside Potential
- Ample Parking with 40 on-site parking stalls & 6 covered parking spaces
- Convenient access to Highway 18 and Interstate 15
- Full-Occupancy, 6 Professional Suites, Stable Healthcare Tenant Mix
- Located in Established Medical Corridor in Apple Valley, near St. Mary Medical Center
Executive Summary
Excellent Investment Opportunity to acquire a fully occupied 6-unit professional office building in Apple Valley offering approximately 8,895 of Rentable SF, leased to dental, medical, and related healthcare service tenants. One office +/- 422 SF (Suite 102) is scheduled to become vacant in June 2026,providing potential for lease-up or owner-user occupancy. The property benefits from a stable tenant mix and is strategically located within Apple Valley's established medical and professional corridor. Well-maintained property featuring professional suites, attractive landscaping, and ample on-site parking.
Showing by drive-by only; please do not disturb tenants. Property sold in "As-IS" condition. Buyer to cooperate with Seller's 1031 exchange.
Showing by drive-by only; please do not disturb tenants. Property sold in "As-IS" condition. Buyer to cooperate with Seller's 1031 exchange.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
8,895 SF
Building Class
C
Year Built
1988
Price
$3,271,056 CAD
Price Per SF
$367.74 CAD
Cap Rate
5.10%
NOI
$166,824 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,895 SF
Building FAR
0.27
Lot Size
0.75 AC
Zoning
Office/ Medical - Commercial
Parking
46 Spaces (5.17 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 0473-396-01 | Improvements Assessment | $2,278,155 CAD |
| Land Assessment | $276,140 CAD | Total Assessment | $2,554,295 CAD |
Property Taxes
Parcel Number
0473-396-01
Land Assessment
$276,140 CAD
Improvements Assessment
$2,278,155 CAD
Total Assessment
$2,554,295 CAD
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Golden Properties
Kasota Professional Building | 16127 Kasota Rd
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