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Shawn Luong
Mobile Phone:
626-643-7090
[email protected]

DRE# 00857818
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Shawn Luong
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Mobile Phone:
626-643-7090
reoagent@
shawnluong.com

DRE# 00857818
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FOR SALE
$4,200,000

16224 Koala Road
Adelanto, CA 92301

Industrial, Business Opportunities
Commercial
9,450
Sq. Ft.
0.9403
Acre Lot
Listing Agent: Paul Casilla CalDRE: 01881506 - Lee & Associates, 760 475-4669;
Home> California> Adelanto> 92301
Discover 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!
HD23222850
Commercial - Industrial, Business Opportunities, 1 Story
1997
San Bernardino
0.9403 Acres
Public
1
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Listing Agent: Paul Casilla CalDRE: 01881506 - Lee & Associates, 760 475-4669;
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