For Sale
$600,000

Air ExpyAdelanto, CA 92301

High-Yield Retail Property in Adelanto, CA

Overview

Added:
Feb 3
Days on market:
61
This exceptional 3,991 square foot retail strip center, situated on a 0.43-acre lot in the heart of Adelanto, CA, presents a compelling investment opportunity. The property comprises five fully leased units, currently generating a stable monthly rental income of $3,300. This translates to a strong cash flow, further enhanced by the potential for significant rent increases due to below-market rental rates currently in place. The property boasts recent improvements, including a newly paved parking lot with ADA compliance and a recently sealed roof, minimizing immediate maintenance needs. This translates to a lower capital expenditure requirement for the foreseeable future. The strategic location within the bustling Adelanto area ensures consistent tenant occupancy and strong rental demand. The property's solid financial performance, coupled with the potential for future appreciation, makes it an attractive investment for both seasoned and emerging investors seeking a stable and growing income stream. This is a turnkey operation with existing tenants in place, minimizing the need for immediate leasing efforts. The property's current condition and strong tenant base offer a low-risk, high-reward investment profile. This is a rare opportunity to acquire a well-maintained, income-producing retail property in a thriving market.

Property Details for Air Expy

Property type
Retail properties
Square Feet
3,991 SF
Year Built
1972
Lot Size (sq. ft)
18,731 SF

Location Insight

City
Adelanto
County
San Bernardino
State
California
Latitude
34.57193
Longitude
-117.4181
Air Expy, Adelanto, California

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Air Expy
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