Office-Retail Building with
14075 Hesperia Rd Victorville, CA 92395
14075 Hesperia Rd, Victorville, CA, 92395
$2,500,000
For Sale
$2,500,000
Two-story office/retail building with atrium common areas and 16 units on a 1.53-acre lot.
Property Size21,000 SF
Lot Size1.53 Acres
Price / SF$119.05
Days on Market110
Property Features for 14075 Hesperia Rd
General Information
- Standard status
- Active
- Size
- 21,000 SF
- Lot size
- 1.53 Acres
Listing agency
CPI Capital Properties
(760) 831-2818
Listed by
John Connolly
(760) 831-2818
Source
Exprealty
Added: Apr 3 Updated: Jul 20 at 7:08PM Checked: Jul 20 at 7:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CPI Capital Properties
Investment Insights
Based on property information with market context.
The Atrium Plaza is a well-maintained two-story office/retail building with 16 units totaling nearly 21,000 rentable square feet. The property includes unique “atrium” common areas and is currently 94% occupied, generating over $247,000 in gross annual income. The roof is only a few years old, and the front and rear parking lots were recently refurbished with seal coating and striping.
Located at 14075 Hesperia Rd in Victorville, the site provides frontage along a high-traffic thoroughfare. The property includes ample parking for tenants and customers, and it is described as being only minutes from the La Mesa/Nisqually Rd exits off Interstate 15. An adjacent 20,000 square foot commercial lot is included (APN 0477-232-29), which the listing notes as offering potential for future expansion.
Located at 14075 Hesperia Rd in Victorville, the site provides frontage along a high-traffic thoroughfare. The property includes ample parking for tenants and customers, and it is described as being only minutes from the La Mesa/Nisqually Rd exits off Interstate 15. An adjacent 20,000 square foot commercial lot is included (APN 0477-232-29), which the listing notes as offering potential for future expansion.
Key Highlights
- The Atrium Plaza in Victorville, CA: 2‑story office/retail building with atrium common areas
- 16 units totaling nearly 21,000 SF of rentable space
- 94% occupancy, producing over $247,000 in gross annual income
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $340.2k | $16.20 |
| − Vacancy | −$28.9k | −$1.38 |
| EGI | $311.3k | $14.82 |
| − OpEx | −$93.4k | −$4.45 |
| NOI | $217.9k | $10.38 |
21,000 SF · lease $16.20/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$3.43M
$3.00M – $4.00M
NOI $240,219 @ 7.0% cap · market cap 9.61%
Second Best
Retail
$3.11M
$2.72M – $3.63M
NOI $217,898 @ 7.0% cap · market cap 8.72%
Theoretical Best
Office A
$4.45M
$3.89M – $5.19M
NOI $311,422 @ 7.0% cap · market cap 12.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
High Desert Community ...
Medical Clinic
Interim Psychiatric Care
Medical Clinic
SoCa Insurance Services
Insurance Agency
Kemp Individual & Family ...
Marriage Or Relationship Counselor
Songsanand Pricilla MD
Ophthalmologist
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FAQs
What type of property is this?
Office units - Two-story office/retail building with atrium common areas and 16 units on a 1.53-acre lot.
Where is this office units located?
The property is located at 14075 Hesperia Rd Victorville, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: The Atrium Plaza in Victorville, CA: 2‑story office/retail building with atrium common areas; 16 units totaling nearly 21,000 SF of rentable space; 94% occupancy, producing over $247,000 in gross annual income
