Available For Sale - Industrial , Warehouse

9,450 SF | Show Pricing $

LISTED BY

Paul A. Casilla
Lee & Associates - Inland Empire North (Victorville), 760-241-5211

AVAILABILITY DETAILS

Size
9,450 SF
Price/SF
Show Pricing $
Listing ID
SA529782
Notes
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 six 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!
Uses
Industrial
Warehouse

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Paul A. Casilla, Lee & Associates - Inland Empire North (Victorville)
BRE# 01881506