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Nacha Subramanian
Direct Office:
510-579-4385
nacha@nacharealestate.com
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Nacha Subramanian
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Direct Office:
510-579-4385
nacha@
nacharealestate.com
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FOR SALE
$3,350,000

17415 Catalpa Street
Hesperia, CA 92345

Business Opportunities
Commercial
30,064
Sq. Ft.
2.5
Acre Lot
Courtesy: Tony Scafidi - Rigel Capital; Email: tscafidi@rigelcap.com
Home> California> Hesperia> 92345
FOR SALE: 100% Occupied Industrial Commercial Complex. Last sold in the early 2000s, the Property was built in 1987 and is comprised of 3 buildings totaling 30,064 SF on 2.5 AC of land. Originally designed for 37 tenants, many tenants have expanded or have taken multiple units for their business growth. 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. The Seller is in the process of installing solar to the Property in order to eliminate the majority of electricity expense. This will be paid outright by Seller. Current tenants are comprised of auto, light manufacturing, office and adult entertainment. 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 neighbors the BNSF rail and 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 breatht
CRHD23165398
Business Opportunities, Other
San Bernardino
1987
2.5 Acres
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Tony Scafidi - Rigel Capital; Email: tscafidi@rigelcap.com

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