17415 Catalpa Street, Hesperia, CA 92345 | MLS HD23165398 | Listing Information | Berkshire Hathaway HomeServices California Properties | Berkshire Hathaway HomeServices California Properties
FOR SALE
$3,350,000  

17415 Catalpa Street
Hesperia, CA 92345

Industrial, Business Opportunities
Commercial
30,064
Sq. Ft.
2.5
Acres Lot
Listing Agent: Tony Scafidi CalDRE: 01887228 - Rigel Capital, 760-912-7143
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.
HD23165398
Industrial, Business Opportunities, 1 Story
San Bernardino
1987
2.5 Acres
Public
1
30,064 Sq. Ft.
Detailed Room Information
Laundry
None
Exterior / Lot Features
Parking
0 Covered Parking Spaces.
Roof
Metal, Flat
Fence
Chain Link
Additional Exterior/Lot Features
Desert Front,Lot Over 40000 Sqft,Level.
Financial Considerations
0415272030000
Cash, Cash to New Loan, Conventional, Owner May Carry, Private Financing Available
Listing Agent: Tony Scafidi CalDRE: 01887228 - Rigel Capital, 760-912-7143
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