Address Not Provided
  • MLS#: HD24154378 ( Industrial )
  • Street Address: Address Not Provided
  • Viewed: 1
  • Price: $1,875,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1980
  • Bldg sqft: 0
  • Days On Market: 113
  • Additional Information
  • County: SAN BERNARDINO
  • City: Hesperia
  • Zipcode: 92345
  • Provided by: Rigel Capital
  • Contact: Tony Tony
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    FOR SALE: 7 Unit Industrial Commercial Property. 100% Occupied. Cap Rate 6.69%. Built in 1980 and is comprised of 1 building totaling 17,100 SF on 1.31 AC of land. Fully occupied, tenants are a mix between month to month and longer term tenancy. Industrial is high in demand and with little vacancy, supply and demand have kicked in with rates increasing. Plans for solar are available. Current tenants are comprised of auto and light manufacturing. The Property is located in the industrial hub of Hesperia, CA in the High Desert. This is an ideal location for industrial and commercial business, surrounded by other mixed use industrial, manufacturing, and general commercial. The Property is conveniently located between the two main arterials in the City. Hesperia continues to be one of the fastest growing cities in the US because of its affordable housing, pleasant desert climate, clean air, and breathtaking terrain. As coastal, inland logistics industrial spaces wane, the High Desert is becoming the next place to develop and do business. Hesperia and the High Desert are expected to grow tremendously over the next 10 years. Don't Delay. Seller open to carry paper with acceptable terms. Buyer to verify all.
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Features
Building Area Total
  1. 17100.00
Commoninterest
  1. None
Country
  1. US
Expense Year
  1. 2023
Fencing
  1. Block
  2. Chain Link
  3. Wrought Iron
Insurance Expense
  1. 4795.00
Land Use
  1. Industrial
Laundry Features
  1. None
Netoperatingincome
  1. 84933.00
Otherexpense
  1. 95706.00
Parcel Number
  1. 0415231100000
Postalcodeplus4
  1. 5080
Property Type
  1. Industrial
Roof
  1. Flat
  2. Metal
Totalexpenses
  1. 124567.00
Water Source
  1. Public
Year Built
  1. 1980