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    High Desert Office Investment Opportunity Title is generated by Realmo AI

    15311 Bear Valley Rd, Hesperia, CA 92345

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    For Sale
    $1,690,000

    Multi-tenant office building 100% leased to a national brand.

    Type:Commercial
    Property size:
    6,949 SF
    Price / SF:
    $243/SF
    Added:
    Apr 24, 2026
    Days on Market:
    52
    Last Refresh:
    Apr 24 at 4:27 pm

    Property Features for 15311 Bear Valley Rd

    General Information

    Standard status
    Active
    Size
    6,949 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    2001

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    Listing Contact
    Michael Knight

    Listing agent Michael Knight

    Listing office

    Listing date Apr 24, 2026

    Source Elliman

    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 Michael Knight

    HighLights

    • 100% leased to a single, long‑term tenant backed by a major national brand, ensuring stable income.
    • Prime location on a signalized corner along Bear Valley Road, near the I‑15 freeway and major national retailers.
    • Recently replaced roof (2023) minimizes near‑term capital expenditures.
    • Upscale, modern interior improvements with a mix of open workspaces and private offices.
    • Three suites totaling approximately 6,949 square feet with 32 dedicated parking spaces.
    • Located in a supply‑constrained High Desert office corridor.

    Overview

    This multi-tenant professional office building is located along Bear Valley Road, approximately 1 mile east of the I-15 freeway. The property benefits from a signalized corner location and strong visibility. It is near major national and regional users including Amazon, The Home Depot, AutoZone, Chevron, and O’Reilly Auto Parts. The building consists of three suites totaling approximately 6,949 square feet, with 32 dedicated parking spaces. It is 100% leased to a single long-term tenant backed by a major national brand. The roof was replaced in 2023. Interior improvements feature a combination of open workspaces and private offices. Suite 1, approximately 5,369 square feet, includes multiple conference rooms, private and semi-private offices, large open work areas, a technology/computer room, a substantial employee breakroom and training room, and separate men’s and women’s restrooms. Suite 1A, approximately 300 square feet, and Suite 2, approximately 1,280 square feet, are configured with reception areas, open workspaces, private offices, and breakroom/workroom space. Suite 2 also has a private restroom. The property is well maintained and commuter-friendly, located in a supply-constrained High Desert office corridor.

    Local Financial Insights For Office B

    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 $150.1k $21.60
    − Vacancy −$12.0k −$1.73
    EGI $138.1k $19.87
    − OpEx −$34.5k −$4.97
    NOI $103.6k $14.90
    6,949 SF · lease $21.60/SF/yr · vacancy 8.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.48M
    $1.29M – $1.73M (±1% cap)
    NOI $103,568 @ 7.0% cap · market cap 6.13%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.97M
    $1.72M – $2.30M (±1% cap)
    NOI $137,957 @ 7.0% cap · market cap 8.16%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Century 21 Desert ... Property Management Company Jose Zarate Realtor Real Estate Agency Viviana Santana Realtor Real Estate Agency Sonia Rivera Realtor, ... Real Estate Agency Kamlesh Ken Patel ... Real Estate Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hesperia
    County
    San Bernardino
    State
    California
    Longitude
    -117.32962
    Latitude
    34.470007

    FAQs

    What type of property is this?
    Office building - Multi-tenant office building 100% leased to a national brand.
    Where is this office building located?
    The property is located at 15311 Bear Valley Rd Hesperia, CA.
    What is the asking price?
    The asking price for this property is $1,690,000.
    What are key features of this property?
    This property features: 100% leased to a single, long‑term tenant backed by a major national brand, ensuring stable income.; Prime location on a signalized corner along Bear Valley Road, near the I‑15 freeway and major national retailers.; Recently replaced roof (2023) minimizes near‑term capital expenditures.
    More about this property
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