Keegan Cin | Realtor® | License # DRE 01971604

Property

Hesperia, CA 92345 11129 G Avenue

11129 G Avenue Hesperia, CA - Image 111129 G Avenue Hesperia, CA - Image 211129 G Avenue Hesperia, CA - Image 3
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11129 G Avenue Hesperia, CA - Image 411129 G Avenue Hesperia, CA - Image 511129 G Avenue Hesperia, CA - Image 611129 G Avenue Hesperia, CA - Image 711129 G Avenue Hesperia, CA - Image 811129 G Avenue Hesperia, CA - Image 9
Presented By: Tony Scafidi with Rigel Capital; 760-912-7143
  • MLS# HD24154378
  • 07/26/2024
  • Request Tour
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  • SQFT • 17,100
  • Year Built • 1980

Home Details

FOR SALE: 7-Unit Industrial Commercial Property. 100% Occupied. Cap Rate 7.45%. 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.
Presented By: Tony Scafidi with Rigel Capital; 760-912-7143

Interior Features for 11129 G Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
LivingAreaSourceAssessor
Total Stories1

Other Rooms

Entry Level1

General for 11129 G Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityHesperia
CountySan Bernardino
DirectionsFrom the I-15 Interstate exit Bear Valley Rd and head east; right on Eucalyptus St; left on G Ave;
Electric On Property Y/NNo
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Insurance Expense6072.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan, Conventional, OwnerMayCarry, PrivateFinancingAvailable
Lot Size Square Feet56063.0
Lot Size UnitsSquareFeet
MLS AreaHSP - Hesperia
MaintenanceExpense4000.0
MobileHomeRemainsYNNo
Net Operating Income125486.0
New ConstructionNo
Occupancy TypeTenant
Operating Expense50072.0
Property Attached Y/NNo
Property Sub Type AdditionalIndustrial
Property SubtypeIndustrial
Property TypeCommercialSale
Rent Control Y/NNo
RoofFlat, Metal
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Waterfront Y/NNo
Year Built1980

Exterior for 11129 G Avenue

Building Area Total17100.0
Crops Included Y/NNo
FencingBlock, ChainLink, WroughtIron
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesDesertFront, LotOver40000Sqft, Level
Lot Size Acres1.287
Lot Size Area56063.0
Lot Size SourceAssessor
Open Parking Y/NNo
Private PoolNo
SpaNo
Water SourcePublic

Additional Details

Price History

Alexandra Eston

Sales Associate
Price $1,650,000
MLS#HD24154378
List Date 07/26/2024
Property Type Commercial
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