Map of Property

16224 Koala Rd.

For Sale

16224 Koala Rd., Adelanto, CA 92301

This Adelanto property for sale is located at 16224 Koala Rd.. The current listed sale price for 16224 Koala Rd. is $4,200,000. 16224 Koala Rd. is situated on a lot that is 40,982 acre in size.

Contacts

broker

Paul A. Casilla

Lee & Associates - Inland Empire North (Victorville)

(760) 684-4541

Property Details

  • Property Type Industrial - Manufacturing
  • Property Size 9,450 SF
  • Units 1
  • Lot Size 40,982 Acre
  • Year Built 1997
  • Date Updated Feb 12, 2024
  • HVAC None
16224 Koala RdDiscover this investment opportunity with a Single Tenant NNN Cannabis 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 seven 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 cannabis market. Don't miss out on the opportunity for a stable and thriving investment!

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Reach out to the broker for more info on lease terms and amenities

Highlights

  • Excellent access and visibility
  • Located in Adelanto Industrial Park

Attachments

Getting around

  • 6/100

    Walk Score ®

  • 27/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Adelanto, CA
  • Zip Code 92301
  • Market Inland Empire

Points of Interest

  • Victorville

    9.25 miles

  • Arco

    3.18 miles

  • Mobil

    3.22 miles

  • Chevron

    3.37 miles

  • Arco

    4.13 miles

  • Shell

    6.02 miles

  • Arco

    6.67 miles

  • Circle K

    6.71 miles

  • Arco

    7.25 miles

  • Unocal

    7.28 miles

  • Arco

    7.64 miles

  • Mall Express Lube And Car Wash

    7.73 miles

  • Bella Car Wash

    7.78 miles

  • Circle K

    7.79 miles

  • Quick Quack Car Wash

    7.82 miles

  • Hesperia Speedwash

    9.51 miles

  • Xpress Car Wash

    9.87 miles

  • Taco Chon

    3.25 miles

  • Carl's Jr.

    3.92 miles

  • Denny's

    3.95 miles

  • Del Taco

    4.00 miles

  • Subway

    4.04 miles

  • Burger King

    4.09 miles

  • Subway

    4.11 miles

  • McDonald's

    4.15 miles

  • Yellow Basket Burgers

    6.48 miles

  • McDonald's

    6.71 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Paul A. Casilla

Lee & Associates - Inland Empire North (Victorville)

(760) 684-4541