12012 Air Expy Adelanto, CA 92301
- Retail properties
- 3,991 SF
- 0.43 lot acres
Current Use by Public Records
- Retail properties
Property Details for 12012 Air Expy
- Year built
- 1972
- Lot size
- 0.43 lot acres
- Property size
- 3,991 SF
- Property type
- Retail properties
Description
This exceptional investment opportunity presents a five-unit retail strip center ideally located in the heart of Adelanto, California. The property boasts a total of 3,991 square feet situated on a 0.43-acre lot. Currently, all five units are fully leased, generating a stable monthly rental income of $3,300. This consistent cash flow is further enhanced by below-market rents, presenting a significant opportunity for future rent increases, leading to a higher capitalization rate and substantial property value appreciation. Recent improvements include a newly paved parking lot with ADA compliance and a recently sealed roof, minimizing immediate maintenance needs. The property's prime location within the bustling Adelanto area ensures high visibility and accessibility for tenants and customers alike, making it an attractive investment for both seasoned and emerging investors seeking a strong return on investment. The existing tenant base provides immediate income, while the potential for rent growth offers long-term financial upside. This turnkey retail center is ready for a new owner to step in and benefit from its established success and considerable growth potential. The property's strong fundamentals and attractive financial profile make it a compelling investment opportunity in a thriving market. This is a rare chance to acquire a well-maintained, income-producing retail property with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Adelanto
- County
- San Bernardino
- State
- California
- Longitude
- -117.402
- Latitude
- 34.5722
