Air Expy Adelanto, CA 92301
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Retail properties & Spaces
Property Details for Air Expy
- Year built
- 1972
- Lot size
- 0.43 lot acres
- Property type
- Retail properties & Spaces
Description
This exceptional 3,991 square foot retail strip center, situated on a 0.43-acre lot in the heart of Adelanto, CA, presents a compelling investment opportunity. The property comprises five fully leased units, currently generating a stable monthly rental income of $3,300. This translates to a strong cash flow, further enhanced by the potential for significant rent increases due to below-market rental rates currently in place. The property boasts recent improvements, including a newly paved parking lot with ADA compliance and a recently sealed roof, minimizing immediate maintenance needs. This translates to a lower capital expenditure requirement for the foreseeable future. The strategic location within the bustling Adelanto area ensures consistent tenant occupancy and strong rental demand. The property's solid financial performance, coupled with the potential for future appreciation, makes it an attractive investment for both seasoned and emerging investors seeking a stable and growing income stream. This is a turnkey operation with existing tenants in place, minimizing the need for immediate leasing efforts. The property's current condition and strong tenant base offer a low-risk, high-reward investment profile. This is a rare opportunity to acquire a well-maintained, income-producing retail property in a thriving market.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Adelanto
- County
- San Bernardino
- State
- California
- Longitude
- -117.418
- Latitude
- 34.5719
