16224 Koala Rd
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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!
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 | No. Stories | 1 |
Price Per SF | $535 CAD | Year Built | 1997 |
Sale Type | Investment NNN | Tenancy | Single |
Property Type | Industrial | Parking Ratio | 1.26/1,000 SF |
Property Subtype | Warehouse | Clear Ceiling Height | 20 ft |
Building Class | C | No. Dock-High Doors/Loading | 1 |
Lot Size | 0.94 AC | No. Drive In / Grade-Level Doors | 1 |
Rentable Building Area | 9,450 SF | Opportunity Zone |
Yes
|
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
Parcel Number | 3129-261-72 | Improvements Assessment | $2,579,794 CAD |
Land Assessment | $859,931 CAD | Total Assessment | $3,439,726 CAD |
PROPERTY TAXES
Parcel Number
3129-261-72
Land Assessment
$859,931 CAD
Improvements Assessment
$2,579,794 CAD
Total Assessment
$3,439,726 CAD
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16224 Koala Rd
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