16224 Koala Road
Adelanto, CA 92301
$600,000.00 (-14.29%)
Active for $3,600,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 40,959 sqft
| MLS | HD23222850 |
| Year Built | 1997 |
| Property Type | Industrial |
| County | San Bernardino |
| Status | Active |
| Active | $3,600,000 |
| Structure Size | N/A sqft |
| Lot Size | 40,959 sqft |
| Beds | N/A |
| Baths | N/A |
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!
Listing information courtesy of: Paul Casilla, Lee & Associates 76606844541. *Based on information from the Association of REALTORS/Multiple Listing as of 01/09/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Zsuzsanna Marosi
REALTOR®
Direct: 424.744.0538
Email: Email Me
DRE: 02180454
DRE #01873088
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