17320 Eucalyptus St Hesperia, CA 92345-5196

Property Details for 17320 Eucalyptus St

Year built

1987

Construction

STEEL FRAME

Lot size

1.75 lot acres

Property size

23,800 SF

Property type

Flex space

APN

0415-241-04-0000

APU

415241040000

Description

This exceptional investment opportunity presents a stabilized, 100% occupied industrial portfolio located at 17320 Eucalyptus Street, Hesperia, CA 92345. The property consists of three single-story buildings totaling 23,800 square feet on a 1.75-acre lot. Built in 1987, the property features 16 individual units, ideal for diverse industrial tenants. Currently generating a strong NOI of $174,877, this Class C property boasts a compelling 6.25% cap rate and an asking price of $2,800,000 ($117.65/sq ft). The property is zoned I2 General Manufacturing, offering flexibility for various uses. Annual rent bumps are tied to the CPI, not to exceed 5%. Strategically located, the property enjoys convenient access to major transportation arteries, including Interstate 15 (15 minutes) and Interstate 40 (45 minutes), placing it within two hours of the LA/Long Beach Ports and LAX, and three hours from Las Vegas. Ample surface parking is available. The property's strong occupancy, favorable location, and attractive cap rate make it an ideal addition to any investor's portfolio. Parcel number is 0415241040000. The property is served by 220-volt electricity.

Location Insight

City

Hesperia

County

San Bernardino

State

California

Longitude

-117.285

Latitude

34.4558

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments