Adelanto, CA 92301,16224 Koala Road
Adelanto, CA 92301,16224 Koala Road
Adelanto, CA 92301,16224 Koala Road
Adelanto, CA 92301,16224 Koala Road
Adelanto, CA 92301,16224 Koala Road
Adelanto, CA 92301,16224 Koala Road
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$ 3,600,000
Est. payment | /mo

9,450 SqFt


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$ 3,600,000
Est. payment | /mo
Save

9,450 SqFt

Key Details

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Active

Purchase Type For Sale

Square Footage 9,450 sqft

Price per Sqft $380

MLS Listing ID CRHD23222850

HOA Y/N No

Year Built 1997

Lot Size 0.940 Acres

Acres 0.94

Property Description

Discover this investment opportunity with a Single Tenant NNN Investment, currently generating a monthly cash flow of ±$24,061.21. The lease, initiated in September 2020, extends through August 31, 2030, providing a solid seven years of lease term remaining. Enjoy the assurance of a 3.00% annual increase to the base rent, ensuring continued growth! The tenant has committed to the property through substantial improvements, and their approach includes collaboration with a consultant to execute planned enhancements and secure a Conditional Use Permit from the City of Adelanto. The tenant has consistently met rent obligations since the sixth month of the first year. With a lease duration, consistent cash flow, and tenant-driven property enhancements, this investment stands as a compelling prospect in the market. Don't miss out on the opportunity for a stable and thriving investment!

Location

State CA

County San Bernardino

Area Listing

Zoning Adel

Interior

Fireplace No

Exterior

Utilities Available Electricity Connected

Building

New Construction No

Others

Tax ID 3129261720000

Bridge MLS
Listed by Paul Casilla • Lee & Associates

GET MORE INFORMATION

agent
Kenneth Jamaca

Managing Broker | REALTOR | License ID: 02080040

+1(925) 413-1849 | kenneth@jcastlegroup.com

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16224 Koala Road