16224 Koala Road Adelanto, CA 92301
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!
- Property TypeCommercial
- NeighborhoodN/A
- CountySan Bernardino
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site37 Days
- MLS StatusActive
- MLS ID NumberHD23222850
- Home Size Source Assessor
- Year Built1997
- Lot Size0.9403 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Number of Stories 1
- Acreage 0.9403
- Water Public
- Property Sub Type Industrial
- Utilities Electricity ConnectedSewer ConnectedWater Connected
- Zoning Adelanto Industrial Park
- Listing Conditions Standard
Interior Features
- Laundry Features None
Exterior Features
- Lot Rectangular LotYard
Community Features
- MLS Area ADL - Adelanto