11328 11374 Bartlett Avenue, Adelanto, CA 92301

$835,000

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List Agent John Connolly () CPI Capital Properties; CoList ()

List Price
$835,000
Price Change
▼ $50,000 1785391446
Status
ACTIVE
MLS#
HD26085578
Year Built
1950
Lot Size
20,500
Lot Location
6-10 Units/Acre, Level, Paved, Rectangular Lot
Days on Market
102
Property Type
Commercial
Property Sub Type
Retail

Property Description

***Come VIEW and MAKE an OFFER TODAY! Amazing COMMERCIAL INCOME OPPORTUNITY located in expanding Adelanto CA. TWO PROPERTIES (11328 and 11374 Bartlett Ave) are for sale as a package consisting of 3 BUILDINGS and 6 OFFICE/RETAIL UNITS all developed on a 20,500sf lot. Positioned in the heart of Adelanto's Business District, the site is only one block from Hwy 395 and close to Interstate-15 offering excellent access to all of Southern CA. Also, the site has frontage along HIGH-TRAFFIC Bartlett Ave, seeing tons of people drive by everyday. Plus, with Adelanto rapidly becoming a logistics/distribution hub, recent expansion has brought the SoCal Logistics Airport, Amazon fulfillment center, and Keurig/Dr. Pepper/Snapple manufacturing plant to the area. In addition, the site was part of Adelanto's BARTLETT AVE REHABILITATION PROJECT where millions was invested on massive improvements to infrastructure, as the city prepares for FUTURE GROWTH. 11328 Bartlett Ave is comprised of two structures. The first building is split into 4-units totaling 2,444sf, fully occupied by a healthcare/dental office. The second building is 1-unit totaling 2,088sf, fully occupied by a tax/business service office. Right next door, 11374 Bartlett Ave has the third building with 1-unit totaling 1,125sf, fully occupied by a counseling office. Altogether, there is 5,657sf of rent-able space, that has been generating steady cash flow for years. Currently at 100% OCCUPANCY, the units earn over $100,000 in GROSS ANNUAL INCOME. With limited commercial space available in Adelanto and lease rate on the rise, this is an ideal property for any real estate investor needing LUCRATIVE CAP RATES. A definite must see OPPORTUNITY, worthy of serious consideration, before it's too late.***

Additional Information

Water
Public

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Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.