Property profile

12012 Air Expy Adelanto, CA 92301

OFF-MARKET
Retail properties & Spaces
3,991 SF 0.43 ac lot Built 1972
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1972
Total area 3,991 SF
Lot 0.43 ac (18,731 SF)

Cap rate & NOI

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

Location

12012 Air Expy Adelanto, CA 92301
Adelanto metro
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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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