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    OFF-MARKET
    Retail properties & Spaces

    11424 Way Unit 5, Adelanto, CA 92392

    14,312 SF 4 ac lot Built 1988
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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