Listed by Coldwell Banker Commercial Real Estate Solutions
$8,400,000
9486 Holly Road
Details
Property Type Industrial
Sub Type Warehouse, Industrial
Square Footage 48,410
Cap Rate 6.36%
NOI $534,446
Tenancy Single
Lease Type NNN
Lease Term 5
Price per SqFt $174
Year Built 1997
Year Renovated 2022
Buildings 2
Stories 1
Acreage 4.660
Zoning Manufacturing/Industrial (MI)
Parking Spaces 137 spaces
Parking per 1,000 SqFt 2.83
Investment Type Net Lease
Ceiling Height 20'-24' (Main), 21' (Rear Building)
Industrial | 6.36% CAP | 48,410 SqFt
Marketing description
9486 Holly Road is a fully improved 48,410 SF industrial facility situated on 4.66 acres in the City of Adelanto, within the High Desert region of San Bernardino County. The property consists of five buildings, including a fully renovated 35,900 SF main building and a 12,510 SF trimming building. The main and trimming buildings feature upgraded office and production areas, dock-high and ground-level loading, heavy HVAC and refrigeration systems, and robust utility infrastructure. The property currently has 800 amps of 3-phase power, with approved capacity for up to 4,000 ampsideal for manufacturing, distribution, or cannabis-related operations. The property is well-positioned in the rapidly developing High Desert region, offering affordability, infrastructure, and business-friendly policies that appeal to logistics, industrial, and cannabis sector investors. Additional improvements include full site grading, a city-compliant stormwater retention system, and concrete paving. Fully Fenced and sprinklered and provides secure access and ample functionality with significant capital upgrades and a flexible layout, this property is well suited for specialized industrial users. Property Overview Address: 9486 Holly Road, Adelanto, CA 92301 Zoning: Manufacturing/Industrial (MI) Site Area: 4.66 acres (202,989 SF) Total Building Area: 48,410 SF (2 Buildings) Power: 800 Amps Parking: 137 Spaces | 2.10/1,000 SF Year Built: 1979 (fully renovated in 2022) Construction Type: Steel Frame with modern upgrades Sprinklered: Yes Ceiling Heights: 20-24 (Main), 21 (Trimming) HVAC: 12 ten-ton & 8 five-ton units Site Improvements: Fully paved, storm retention system, upgraded power available Marketing Highlights Fully improved industrial cannabis campus in Adelantos legal cannabis zone Turnkey cannabis manufacturing and processing setup with drying kilns Extensive power infrastructure suitable for intensive processing use Paved yard, dock-high & ground-level doors, interior loading dock Suitable for cannabis-related or general industrial users Formerly leased to cannabis operator; currently vacant and available for owner-user
Investment highlights
- New 5-year lease with annual increases
- Strong tenant (2nd location)
- NNN structure (passive investment)
- High rent coverage (~20x+)
- Growing industry (health & supplements)
- Cap rate growth to ~8% by Year 10
Listing Contacts
Listed by Coldwell Banker Commercial Real Estate Solutions
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$534,446.00
$44,537.17/mo
Valuation Metrics
0
DSCR
6.36%
Cap Rate
6.36%
ROI
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