Price Reduced Listing
$1,825,000
( $106.73Per Sq Foot )
 $9,797 forsale estimated payment Sourced by Back At You

11129 G Avenue , Hesperia, CA 92345

Hesperia, CA 92345

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Description

FOR SALE: 7-Unit Industrial Commercial Property. 100% Occupied. Cap Rate 6.69%. Built in 1980 and is comprised of 1 building totaling ±17,100 SF on ±1.31 AC of land. Fully occupied, tenants are a mix between month-to-month and longer-term tenancy. 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.

Details

MlsHD24154378
Listing TypeFor Sale
StyleIndustrial
SubtypeResale
StatusActive
Year1980
Days On Site130
Listing Provided ByRigel Capital 760-813-3777 | Tony Scafidi

Features

Sq Feet17,100
Storys1
Acreage1.29

Market Activity 92345

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 7 minutes ago
StateCA
CountySan Bernardino
CityHesperia
Zip Code92345
AreaHSP Hesperia
Listing VS Median (in 92345)
Price:
$1,825,000
low | high
Med:
$599,400
100% of Average
SqFt:
17,100
low | high
Med:
1,995
100% of Average
$ / SqFt:
$107
low | high
Med:
$430
100% of Average
On Site:
130
low | high
Med:
46.000000
100% of Average
Sourced by Back At You
Listing Updated: November 26, 2024 at 7:45:00 PM PST
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