Property profile

11424 Way Unit 4 Adelanto, CA 92392

OFF-MARKET
Retail properties & Spaces
3.99 ac lot
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Property summary

AI-generated overview

This exceptional retail opportunity is located within the Chamberlain Way Retail Center in Adelanto, CA. Suite 4 offers 800 square feet of in-line space, ideal for a variety of businesses. The center itself boasts approximately 14,312 square feet and sits on a prominent 3.998-acre lot at the northwest corner of Highway 395 and Chamberlain Way, ensuring high visibility and accessibility. This prime location serves the underserved Adelanto market, offering significant potential for growth. The center enjoys a strong tenant mix, including a gas station, a freestanding restaurant with a drive-thru, a convenience store, Raul's Mexican Restaurant, Saul's Fresh Produce, and Family Services of San Bernardino. The asking rent is $1.00 per square foot, plus a triple net (NNN) charge of $0.35 per square foot. This represents a compelling investment opportunity in a rapidly developing area. Don't miss out on this chance to establish your business in a thriving retail environment. Act quickly, as this space is expected to lease rapidly.

Property profile

Verified
Property type Retail properties & Spaces
Lot 3.99 ac (173,804 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

11424 Way Unit 4 Adelanto, CA 92392
Adelanto metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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