16224 Koala Rd Adelanto, CA 92301
This exceptional industrial property at 16224 Koala Road, Adelanto, CA, presents a compelling investment opportunity. The 9,450 square foot building sits on a 0.94-acre lot and is currently leased under a Single Tenant NNN agreement, generating a robust monthly cash flow of approximately $24,061.21. The lease commenced in September 2020 and extends to August 31, 2030, offering a substantial seven years of remaining lease term. A built-in 3.00% annual increase to the base rent ensures consistent growth and protects against inflation. The tenant has demonstrated financial responsibility, consistently meeting rent obligations since the sixth month of the first year. Furthermore, the tenant has invested significantly in property improvements and is actively collaborating with a consultant to implement further enhancements, including securing a Conditional Use Permit from the City of Adelanto. This proactive approach by the tenant underscores their commitment to the property and long-term success. The combination of a long-term lease, substantial monthly cash flow, and a financially responsible tenant makes this a highly attractive and stable investment prospect in the Adelanto market. This is a rare opportunity to acquire a well-performing industrial asset with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.