16224 Koala RdAdelanto, CA 92301

Property Details for 16224 Koala Rd

Year built

1997

Construction

STEEL FRAME

Lot size

0.94 AC

Property size (Sq ft)

9,450 SF

Property type

Industrial properties

Property subtype

Flex space

APN

3129-261-72-0000

APU

3129261720000

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $2,709,698

  Hospitality

  $2,482,068

  Educational

  $2,065,052

  Medical

  $2,136,072

  Retail

  $3,212,302

Location Insight

City

Adelanto

County

San Bernardino

State

California

Latitude

34.5449

Longitude

-117.455

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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