$ 3,350,000
17415 Catalpa Street Hesperia, CA 92345
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$ 3,350,000
Est. payment | /mo
30,064 SqFt
$ 3,350,000
Est. payment | /mo
30,064 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 30,064 sqft
Price per Sqft $111
MLS Listing ID CRHD23165398
HOA Y/N No
Year Built 1987
Lot Size 2.500 Acres
Acres 2.5
Property Description
FOR SALE: 100% Occupied Industrial Commercial Complex. Last sold in the early 2000s, the Property was built in 1987 and is comprised of 3 buildings totaling ±30,064 SF on ±2.5 AC of land. Originally designed for 37 tenants, many tenants have expanded or have taken multiple units for their business growth. Fully occupied, almost all tenants are on month to month tenancy, allowing the opportunity for rental increases to current market values. Industrial is high in demand and with little vacancy, supply and demand have kicked in with rates increasing. The Seller is in the process of installing solar to the Property in order to eliminate the majority of electricity expense. This will be paid outright by Seller. Current tenants are comprised of auto, light manufacturing, office and adult entertainment. 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 neighbors the BNSF rail and 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 breatht
Location
State CA
County San Bernardino
Area Listing
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 0415272030000
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Tony Scafidi • Rigel Capital
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