16224 Koala Road, Adelanto, CA, US, 92301
16224 Koala Road, Adelanto, CA, US, 92301Basics
- Date added: Added 3 days ago
- Category: CommercialSale
- Type: Industrial
- Status: Active
- Floors: 1
- Lot size: 40959, 40959 sq ft
- Year built: 1997
- Zoning: Adelanto Industrial Park
- County: San Bernardino
- MLS ID: HD23222850
Description
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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!
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Location
- Directions: Property is located on Koala Road accessed via Ranchero Road
- Lot Size Acres: 0.9403 acres
Building Details
- Water Source: Public
- Lot Features: RectangularLot,Yard
- Building Area Units: SquareFeet
- Number Of Buildings: 1
Amenities & Features
- Utilities: ElectricityConnected,SewerConnected,WaterConnected
- Laundry Features: None
Miscellaneous
- List Office Name: Lee & Associates
- Common Interest: None
- Attribution Contact: 760 475-4669