16224 Koala RdAdelanto, CA 92301

This 9,450-square-foot warehouse, built in 1997, is located in Adelanto Industrial Park III and offers excellent access and visibility. Currently leased to a single tenant under a Net-Net-Net (NNN) lease agreement initiated in September 2020 and extending through August 31, 2030, providing seven years of remaining lease term. The property boasts a strong monthly cash flow of approximately $24,061.21, with a 3.00% annual base rent increase built into the lease, ensuring consistent growth. The tenant has made substantial improvements to the property and is actively collaborating with a consultant on planned enhancements, including securing a Conditional Use Permit from the City of Adelanto. The tenant has consistently met all rent obligations since the sixth month of the first year. The asking price is $3,600,000, resulting in a price per square foot of $444.44. This investment presents a compelling opportunity due to its long-term lease, consistent cash flow, and tenant-driven property improvements. The property's location within Adelanto Industrial Park III provides significant advantages.