16224 Koala Rd - Warehouse FOR SALE


Adelanto, CA 92301
$3,600,000 USD
760-475-4669
16224 Koala Rd, Adelanto, CA for Sale
$3,600,000 USD
Warehouse - FOR SALE
1/25
null | Request Cap Rate

16224 Koala Rd
Adelanto, CA 92301


HIGHLIGHTS

  • Easily accessible
  • Great Frontage Visibility

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$381 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

1

DRIVE INS

1

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.94

LAND SF

40,946

ZONING

-

APN/PARCEL ID

3129-261-72

ASK ABOUT THIS PROPERTY

Paul CasillaLee & Associates Commercial Real Estate ServiceMore Info
760-475-4669

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

Paul CasillaLee & Associates Commercial Real Estate ServiceMore Info
760-475-4669

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