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16224 Koala Rd

9,450 SF Industrial Building Adelanto, CA 92301 $5,056,848 CAD ($535 CAD/SF)

Investment Highlights

  • Easily accessible
  • Great Frontage Visibility

Executive Summary

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 Facts

Price $5,056,848 CAD
Price Per SF $535 CAD
Sale Type Investment NNN
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.94 AC
Rentable Building Area 9,450 SF
No. Stories 1
Year Built 1997
Tenancy Single
Parking Ratio 1.26/1,000 SF
Clear Ceiling Height 20 ft
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes

Amenities

  • Fenced Lot

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3129-261-72
Land Assessment
$859,931 CAD
Improvements Assessment
$2,579,794 CAD
Total Assessment
$3,439,726 CAD
  • Listing ID: 30201947

  • Date on Market: 2023-11-30

  • Last Updated:

  • Address: 16224 Koala Rd, Adelanto, CA 92301

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