11328 Bartlett Ave - Office FOR SALE


Adelanto, CA 92301
$985,000 USD
760-243-2205
11328 Bartlett Ave, Adelanto, CA for Sale
$985,000 USD
Office - FOR SALE
1/37
null | 8.7% Cap Rate

11328 Bartlett Ave
Adelanto, CA 92301


HIGHLIGHTS

  • 3 Buildings / 6 Commercial Units Sold As A Package
  • 100% Occupancy
  • Over $100K In Gross Annual Income

OVERVIEW

***Come VIEW and MAKE an OFFER TODAY! Amazing COMMERCIAL INCOME OPPORTUNITY located in expanding Adelanto CA. TWO PROPERTIES (11328 and 11374 Bartlett Ave) are for sale as a package consisting of 3 BUILDINGS and 6 OFFICE/RETAIL UNITS all developed on a 20,500sf lot. Positioned in the heart of Adelanto's Business District, the site is only one block from Hwy 395 and close to Interstate-15 offering excellent access to all of Southern CA. Also, the site has frontage along HIGH TRAFFIC Bartlett Ave, seeing tons of people drive by everyday. Plus, with Adelanto rapidly becoming a logistics/distribution hub, recent expansion has brought the SoCal Logistics Airport, Amazon fulfillment center, and Keurig/Dr. Pepper/Snapple manufacturing plant to the area. In addition, the site was part of Adelanto's BARTLETT AVE REHABILITATION PROJECT where millions was invested on massive improvements to infrastructure, as the city prepares for FUTURE GROWTH. 11328 Bartlett Ave is comprised of two structures. The first building is split into 4-units totaling 2,444sf, fully occupied by a healthcare/dental office. The second building is 1-unit totaling 2,088sf, fully occupied by a tax/business service office. Right next door, 11374 Bartlett Ave has the third building with 1-unit totaling 1,125sf, fully occupied by a counseling office. Altogether, there is 5,657sf of rent-able space, that has been generating steady cash flow for years. Currently at 100% OCCUPANCY, the units earn over $100,000 in GROSS ANNUAL INCOME. With limited commercial space available in Adelanto and lease rate on the rise, this is an ideal property for any real estate investor needing LUCRATIVE CAP RATES. A definite must see OPPORTUNITY, worthy of serious consideration, before it's too late.***

FOR SALE DETAILS

PRICE

$985,000 USD

PRICE/SF

$467 USD /SF

CAP RATE

8.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

11328 & 11374 Bartlett Ave, Adelanto CA

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

MU

APN/PARCEL ID

0459-254-04,0459-254-05

ASK ABOUT THIS PROPERTY

John ConnollyCPI CapitalMore Info
760-243-2205

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John ConnollyCPI CapitalMore Info
760-243-2205

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.