$835,000
11328 11374 Bartlett Avenue
Adelanto, CA 92301
1950
Year Built
San Bernardino
County
Retail
Property Type
About this home
***Come VIEW and MAKE an OFFER TODAY! Amazing COMMERCIAL INCOME OPPORTUNITY located in expanding Adelanto CA. TWO PROPERTIES (11328 and 11374 Bartlett Ave) are for sale as a package consisting of 3 BUILDINGS and 6 OFFICE/RETAIL UNITS all developed on a 20,500sf lot. Positioned in the heart of Adelanto's Business District, the site is only one block from Hwy 395 and close to Interstate-15 offering excellent access to all of Southern CA. Also, the site has frontage along HIGH-TRAFFIC Bartlett Ave, seeing tons of people drive by everyday. Plus, with Adelanto rapidly becoming a logistics/distribution hub, recent expansion has brought the SoCal Logistics Airport, Amazon fulfillment center, and Keurig/Dr. Pepper/Snapple manufacturing plant to the area. In addition, the site was part of Adelanto's BARTLETT AVE REHABILITATION PROJECT where millions was invested on massive improvements to infrastructure, as the city prepares for FUTURE GROWTH. 11328 Bartlett Ave is comprised of two structures. The first building is split into 4-units totaling 2,444sf, fully occupied by a healthcare/dental office. The second building is 1-unit totaling 2,088sf, was previously occupied by a tax/business service office. Right next door, 11374 Bartlett Ave has the third building with 1-unit totaling 1,125sf, fully occupied by a counseling office. Altogether, there is 5,657sf of rent-able space, that has been generating steady cash flow for years. At 100% OCCUPANCY, the units can earn over $100,000 in GROSS ANNUAL INCOME. With limited commercial space available in Adelanto and lease rates on the rise, this is an ideal property for any real estate investor needing LUCRATIVE CAP RATES. A definite must see OPPORTUNITY, worthy of serious consideration, before it's too late.***
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Mortgage Estimate
$4,444/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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