$111.43 Per Sq Foot $17,984 est/mo Sourced by Back At You

17415 Catalpa Street,Hesperia, CA 92345

Hesperia CA, 92345

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Description

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 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

MLS#HD23165398
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1987
Days On Site262
Listing Provided ByRigel Capital 760-813-3777 | Tony Scafidi

Features

SQ Feet30,064
Story(s)1
Acreage2.50

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: 3 minutes ago
StateCA
CountySan Bernardino
CityHesperia
Zip Code92345
AreaHSP Hesperia
Listing VS Median (in 92345)
Price:
$3,350,000
low | high
Med:
$449,997
100% of Average
SqFt:
30,064
low | high
Med:
1,934
100% of Average
$ / SqFt:
$111
low | high
Med:
$237
62.476640499513% of Average
On Site:
262
low | high
Med:
127.500000
100% of Average
Sourced by Back At You
Listing Updated: February 24, 2024 at 2:15:08 AM PST