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705 E Virginia Way
Barstow, CA 92311
7.41% Cap Rate!!! 11 Unit Medical Complex · Office Property For Sale


INVESTMENT HIGHLIGHTS
- Multi-Tenant Medical Complex - 11 Suites
- Close to Transporation and Shopping
- Close to Barstow Community Hospital
EXECUTIVE SUMMARY
WOW!!! 7.41% Cap Rate!!!! - Only $96.99 psf - For Sale: Multi-Tenant Medical Complex – This property consists of two buildings with a total of 11 separate suites, offering approximately ± 14,176 square feet of space on ± 1.38 acres of land. Conveniently located near Barstow Community Hospital, public transportation, major freeways, and retail shopping. With two vacant units available, this is an ideal opportunity for an owner-user to establish their own practice while generating income from the other occupied suites. Don’t miss out on this fantastic opportunity!!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
14,176 SF
Building Class
B
Year Built
1985
Price
$1,893,073 CAD
Price Per SF
$133.54 CAD
Cap Rate
7.41%
NOI
$140,371 CAD
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
14,176 SF
Building FAR
0.24
Lot Size
1.38 AC
Opportunity Zone
Yes
Zoning
CG, Barstow
Parking
72 Spaces (5.08 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 0183-221-23 | Improvements Assessment | $880,495 CAD |
| Land Assessment | $365,199 CAD | Total Assessment | $1,245,693 CAD |
PROPERTY TAXES
Parcel Number
0183-221-23
Land Assessment
$365,199 CAD
Improvements Assessment
$880,495 CAD
Total Assessment
$1,245,693 CAD
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