Koala Road Adelanto, California 92301, United States
The Industrial for Sale located at Koala Road Adelanto California 92301 is currently for Sale, Koala Road Adelanto California 92301 is listed for $3,600,000. If the property located at Koala Road Adelanto California 92301 isn't what you're looking for, search California Real Estate to see other Commercial for Sale in Adelanto .
MLS#: 372222311
$3,600,000 USD
- Minimum sellable space
- 878m² (9,450ft²)
Property features
Construction details
- Year built
- 1997
Area
- Property size
- 878m² (9,450ft²)
- Land/Lot size
- 3,805m² (40,959ft²)
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
Listing Contact: 760 475-4669
