12016-12020 Air Expressway Blvd - Office/Residential FOR SALE


Adelanto, CA 92301
$600,000 USD
951-283-5015
12016-12020 Air Expressway Blvd, Adelanto, CA for Sale
$600,000 USD
Office/Residential - FOR SALE
1/30
null | Request Cap Rate

12016-12020 Air Expressway Blvd
Adelanto, CA 92301


HIGHLIGHTS

  • Stabilized Strip Mall in Growing Location
  • Corner Lot
  • Over 12k Cars Per Day on corner
  • Value Add Potential
  • Business Park allows industrial/commercial uses
  • Total Land includes 3.4 Acres with a total of 3,991 SF Retail Building(s)

OVERVIEW

Located at 12012 - 12020 Air Expressway, Adelanto, CA 92301, this ±3,991 SF strip center presents an outstanding investment opportunity. The property includes five fully leased units generating a steady rent roll of $3,300 per month. Priced at $600,000, this investment offers below-market rents, providing room for future rent increases and property value appreciation. The strip center is strategically positioned just minutes from the Southern California Logistics Airport, ensuring high visibility and traffic. In addition to the strip center, there are four land parcels being sold separately. One parcel, located at a corner intersection, spans 0.52 acres, while the remaining 2.25 acres are situated behind the strip mall, offering significant potential for development or expansion. These lots are zoned "BP" for Business Park which allows a mix of industrial and commercial uses such as FLEX etc. This property is ideal for investors seeking a stable, income-generating asset with considerable growth prospects. The properties may be purchased together as a Portfolio Sale or individually. Defer to the brochure for the breakdown of properties and individual pricing. For more information or to schedule a viewing, please contact us today.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$150 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

BP

APN/PARCEL ID

0459-241-14,0459-241-26,0459-241-27,0459-241-44,0459-241-45,0459-241-47

ASK ABOUT THIS PROPERTY

Bobby MendezRE/MAX CommercialMore Info
951-283-5015

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Bobby MendezRE/MAX CommercialMore Info
951-283-5015

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.