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11129 G Avenue

Hesperia, CA 92345
  • $1,999,000
  • STATUS: Active
  • ON SITE: 75 Days
  • ID#: HD23171937
UPDATED: 72 min ago
$1,999,000
  • 0
    BEDS
  • 1.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1980
County:

School Ratings & Info

Listing Agent(s): Tony Scafidi of Rigel Capital (760-813-3777) and James Langley of ()


Description

FOR SALE: 7-Unit Industrial Commercial Property. Built in 1980 and is comprised of 1 building totaling 17,100 SF on 1.31 AC of land. Fully occupied, almost all tenants are on month to month tenancy, allowing the opportunity for rental increases to current market values. Industrial is high in demand and with little vacancy, supply and demand have kicked in with rates increasing. Plans for solar are available. Current tenants are comprised of auto and light manufacturing. The Property is located in the industrial hub of Hesperia, CA in the High Desert. This is an ideal location for industrial and commercial business, surrounded by other mixed-use industrial, manufacturing, and general commercial. The Property is conveniently located between the two main arterials in the City. Hesperia continues to be one of the fastest growing cities in the US because of its affordable housing, pleasant desert climate, clean air, and breathtaking terrain. As coastal, inland logistics industrial spaces wane, the High Desert is becoming the next place to develop and do business. Hesperia and the High Desert are expected to grow tremendously over the next 10 years. Don't Delay. Seller open to carry paper with acceptable terms. Buyer to verify all.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-11-28T08:30:25.92. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.
www.thecharlieprice.com/homes/143372318
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11129 G Avenue Hesperia, CA 92345

  • Price: $1,999,000
  • Status: Active
  • On Site: 75 Days
  • Updated: 72 min ago
  • ID#: HD23171937
0
Beds
0
Baths
0
½ Baths
1.29
Acres
1980
Built
Neighborhood:
HSP - Hesperia
County:
San Bernardino
Area:
HSP - Hesperia
Property Description
FOR SALE: 7-Unit Industrial Commercial Property. Built in 1980 and is comprised of 1 building totaling 17,100 SF on 1.31 AC of land. Fully occupied, almost all tenants are on month to month tenancy, allowing the opportunity for rental increases to current market values. Industrial is high in demand and with little vacancy, supply and demand have kicked in with rates increasing. Plans for solar are available. Current tenants are comprised of auto and light manufacturing. The Property is located in the industrial hub of Hesperia, CA in the High Desert. This is an ideal location for industrial and commercial business, surrounded by other mixed-use industrial, manufacturing, and general commercial. The Property is conveniently located between the two main arterials in the City. Hesperia continues to be one of the fastest growing cities in the US because of its affordable housing, pleasant desert climate, clean air, and breathtaking terrain. As coastal, inland logistics industrial spaces wane, the High Desert is becoming the next place to develop and do business. Hesperia and the High Desert are expected to grow tremendously over the next 10 years. Don't Delay. Seller open to carry paper with acceptable terms. Buyer to verify all.
Exterior Features

Entry Level 1 Fencing BlockChain LinkWrought Iron Lot Features Desert FrontLot Over 40000 SqftLevel Roof FlatMetal Sign On Property YN No

Property Features

Additional Parcels YN No Common Interest None Gross Scheduled Income 136800 Insurance Expense 4795 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventionalOwner May CarryPrivate Financing Available Maintenance Expense 5979 Net Operating Income 84933 Operating Expense 51867 Other Expense 95706 Property Sub Type Industrial Special Listing Conditions Standard Vacancy Allowance 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-11-28T08:30:25.92. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.
 
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EQTY | Forbes Global Properties
1100 Newport Center Drive, Suite 110
Newport Beach CA, 92660
Listing Agent(s): Tony Scafidi of Rigel Capital (760-813-3777) and James Langley of ()