Property profile

11424 Way Unit 5 Adelanto, CA 92392

OFF-MARKET
Retail properties & Spaces
14,312 SF 4 ac lot Built 1988
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Property summary

AI-generated overview

This exceptional retail opportunity is located within the Chamberlain Way Retail Center in Adelanto, CA. The property boasts a total of approximately 14,312 square feet situated on a 4-acre lot at the highly visible northwest corner of Highway 395 and Chamberlain Way. This prime location offers unparalleled exposure to a significant volume of daily traffic. Currently, two in-line retail spaces are available for lease, each measuring 800 square feet, with the possibility of leasing a combined 1,600 square feet of contiguous space. The asking rent is $1.00 per square foot, plus $0.35 per square foot for NNN expenses. The retail 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. This well-established center serves the Adelanto area, a market currently identified as underserved, presenting a unique opportunity for businesses seeking to establish or expand their presence in a high-growth area. The property's strategic location and strong tenant base make this an exceptional investment opportunity. Don't miss out on this chance to secure your space in a thriving retail environment.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1988
Total area 14,312 SF
Lot 4 ac (174,240 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 5 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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