CA > Adelanto
Adelanto, CA 92301,16224 Koala RD
Adelanto, CA 92301,16224 Koala RD
Adelanto, CA 92301,16224 Koala RD
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$3,600,000
Est. payment /mo
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0.94 Acres Lot
Active

16224 Koala RD Adelanto, CA 92301

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Chris Mardelli

Chris Mardelli

+1(310) 571-5761

UPDATED:

09/30/2024 06:43 PM

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID HD23222850

HOA Y/N No

Year Built 1997

Lot Size 0.940 Acres

Property 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

State CA

County San Bernardino

Area Adl - Adelanto

Zoning Adelanto Industrial Park

Interior

Fireplace No

Laundry None

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Building

Lot Description Rectangular Lot, Yard

Story 1

Water Public

Others

Tax ID 3129261720000

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Paul Casilla • Lee & Associates • 760 475-4669

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16224 Koala RD

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