Two-Unit Leased Office
For Sale
$599,000
15403 Anacapa Rd., Victorville, CA 92392
Two commercial condominium units are fully leased, with staggered lease expirations supporting ongoing occupancy.
Property Size3,401 SF
Price / SF$176.12
Days on Market10
Property Features for 15403 Anacapa Rd.
General Information
Standard status
Active
Size
3,401 SF
Property subtype
Office
Occupancy
100%
Additional Details
Highway Access
Yes
Office Units
2
Building Details
Year Built
1983
Tenancy
Multi
Listing Agency:
Kursch Group, Inc.
(760) 983-2383
Listed By:
Jeremy Schmidt · License #01310579
Source:
Xome
Added: Jul 28
Changed: Aug 3
Last Checked: Aug 6 at 3:47AM
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 Kursch Group, Inc.
Investment Insights
Based on property information with market context.
This office property comprises two commercial condominium units totaling approximately ±3,401 square feet. Both units are fully leased to separate tenants, and their lease expirations are staggered. Built in 1983, the property offers an established office configuration within Park Centre.
The units are located at 15403 and 15405 Anacapa Road in Victorville, just south of the Interstate 15 and Palmdale Road/Highway 18 interchange. Kaiser Permanente is nearby, along with retail, restaurants, and professional services. The combination of two leased units, separate tenancy, and staggered lease timing provides a straightforward commercial ownership profile.
The units are located at 15403 and 15405 Anacapa Road in Victorville, just south of the Interstate 15 and Palmdale Road/Highway 18 interchange. Kaiser Permanente is nearby, along with retail, restaurants, and professional services. The combination of two leased units, separate tenancy, and staggered lease timing provides a straightforward commercial ownership profile.
Key Highlights
- Two fully leased commercial condominium units
- Approximately ±3,401 square feet combined
- Two tenants with staggered lease expirations
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 | $63.3k | $18.60 |
| − Vacancy | −$11.4k | −$3.35 |
| EGI | $51.9k | $15.25 |
| − OpEx | −$13.0k | −$3.81 |
| NOI | $38.9k | $11.44 |
3,401 SF · lease $18.60/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$555.8K
$486.3K – $648.4K
NOI $38,904 @ 7.0% cap · market cap 6.49%
Second Best
Apartment 5plus
$490.5K
$429.2K – $572.2K
NOI $34,332 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$720.5K
$630.4K – $840.6K
NOI $50,435 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
845
Businesses Nearby
Explore this area
Business Placement
Demographics for 92392, CA
62,294
Population
18,077
Households
3.4
Avg Household Size
32
Median Age
13%
College-Educated
79%
High-School Grad
37.3 sq mi
ZIP Area
1,670
Density / Sq Mi
$81,652
Median Household Income
$36,726
Median Earnings
$1,790
Median Rent
$365,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Two commercial condominium units are fully leased, with staggered lease expirations supporting ongoing occupancy.
Where is this office units located?
The property is located at 15403 Anacapa Rd. Victorville, CA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two fully leased commercial condominium units; Approximately ±3,401 square feet combined; Two tenants with staggered lease expirations
