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$3,600,000
354 Days On Site

16224 Koala Road
Adelanto, CA 92301

For Sale|Industrial|Active
0
Beds
0
Full Baths
0
Partial Baths
9,450
SqFt
$381
/SqFt
1997
Built
County:
San Bernardino
Listed by Paul Casilla of Lee & Associates [email protected]

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951-506-5744
16224 Koala Road16224 Koala Road16224 Koala Road16224 Koala Road
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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!

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Listing Snapshot
Price 
$3,600,000
Days On Site 
354 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,450 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.9403 Acres
Year Built 
1997
MLS® Number 
HD23222850
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
4 months agoPrice changed to $3,600,000
4 months agoListing updated with changes from the MLS®
12 months agoStatus changed to Active
12 months agoListing first seen on site
General Features
Acres 
0.9403
Number Of Stories 
1
Property Sub Type 
Industrial
Special Circumstances 
Standard
SqFt Total 
9450
Utilities 
Electricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
Adelanto Industrial Park
Interior Features
Laundry Features 
None
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Exterior Features
Lot Features 
Rectangular Lot
Community Features
MLS Area 
ADL - Adelanto


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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EXP REALTY OF SOUTHERN CALIFORNIA, INC. CA DRE#02187306

10620 Treena St, Ste 230
San Diego, CA 92131

Tom Olsewski – DRE#01442461