16224 Koala, Adelanto CA 92301 | $3,600,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 0 Lot Sq Ft
  • Type: Industrial
  • Stories: 1
  • Year Built: 1997
  • MLS#: HD23222850
  • Community: ADL - Adelanto

Listing provided courtesy of Paul Casilla of Lee & Associates. Last updated 2024-11-29 09:24:47.000000. Listing information © 2024 SANDICOR.

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!

More Details

1 Story
Asset Class: Industrial
Electricity Connected
Sewer Connected
Water Connected

David Piper

Call or Text: 858-525-5007

DRE# 02021985