Listing provided courtesy of Paul Casilla of Lee & Associates. Last updated 2024-11-27 09:24:28.000000. Listing information © 2024 Sandicor.

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Asking Price: $3,600,000

16224 Koala, Adelanto CA 92301

Community: ADL - Adelanto

This Industrial property was built in 1997 and is priced at $3,600,000. Please see the additional details below.

0 Sq Ft
0 bathrooms
0 bedrooms
MLS#: HD23222850
Type: Industrial
Year Built: 1997

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!

Call or Email Ever Eternity now to inquire about this property

858-688-4113

Information

Address:	1111 Prospect St, Suite 100 La Jolla CA 92037
Phone:	858-688-4113
E-mail:	Send a Message
DRE#:	01794847

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