17415 Catalpa St, Hesperia, CA 92345-5080

This fully occupied industrial complex in Hesperia, CA, presents a compelling investment opportunity for owner-users or investors. The property comprises three buildings totaling approximately 30,064 square feet on a 2.5-acre lot, zoned General Industrial (GI). Built in 1987, the complex currently houses a diverse tenant mix including auto, light manufacturing, office, and adult entertainment businesses. Many tenants occupy multiple units, reflecting the property's adaptability and strong demand. Almost all tenants are on month-to-month leases, providing immediate potential for rental increases to current market values. The property features ample yard space for many tenants in addition to their interior square footage. Originally designed for 37 tenants, the current occupancy demonstrates strong tenant retention and growth potential. The seller is in the process of installing solar panels to significantly reduce electricity expenses, a cost covered entirely by the seller. Located in Hesperia's industrial hub, the property benefits from proximity to BNSF rail and major arterials. Hesperia's rapid growth, driven by affordable housing and a desirable climate, positions this investment for long-term appreciation. The asking price is $3,350,000, representing a cap rate of 3.89% and a NOI of $130,252. The seller is open to financing options with acceptable terms. Buyer to verify all information.