For Sale
$3,600,000

16224 Koala Rd Adelanto, CA 92301

NNN Lease, Strong Cash Flow, 7+ Years Remaining

Overview

Added:
Feb 3
Days on market:
83
This exceptional industrial property at 16224 Koala Road, Adelanto, CA, presents a compelling investment opportunity. The 9,450 square foot building sits on a 0.94-acre lot and is currently leased under a Single Tenant NNN agreement, generating a robust monthly cash flow of approximately $24,061.21. The lease commenced in September 2020 and extends to August 31, 2030, offering a substantial seven years of remaining lease term. A built-in 3.00% annual increase to the base rent ensures consistent growth and protects against inflation. The tenant has demonstrated financial responsibility, consistently meeting rent obligations since the sixth month of the first year. Furthermore, the tenant has invested significantly in property improvements and is actively collaborating with a consultant to implement further enhancements, including securing a Conditional Use Permit from the City of Adelanto. This proactive approach by the tenant underscores their commitment to the property and long-term success. The combination of a long-term lease, substantial monthly cash flow, and a financially responsible tenant makes this a highly attractive and stable investment prospect in the Adelanto market. This is a rare opportunity to acquire a well-performing industrial asset with significant upside potential.

Property Details for 16224 Koala Rd

Property type
Industrial properties
Square Feet
9,450 SF
Year Built
1997
Lot Size (sq. ft)
40,946 SF

Location Insight

City
Adelanto
County
San Bernardino
State
California
Latitude
34.54485
Longitude
-117.4546

FAQs

What type of property is this?
Industrial property - NNN Lease, Strong Cash Flow, 7+ Years Remaining
Where is the industrial property located?
The property is located at 16224 Koala Rd Adelanto, CA.
What is the asking price?
The asking price for this property is $3,600,000.
How can I contact the broker?
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16224 Koala Rd
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