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33258134

10350 10360 I Ave, Hesperia, CA 92345

KJ
CA 01840446
Re/Max Freedom
Listed by Re/Max Freedom
$5,200,000
2 days on market
Updated 2 days ago

10350 10360 I Ave

Details
APN 0410021060000
Property Type Industrial, Office (+1)
Sub Type Manufacturing, Warehouse (+3)
Square Footage 28,220
Cap Rate 5.40%
Tenancy Multi
Price per SqFt $184
Class C
Year Built 1997
Buildings 2
Stories 1
Acreage 2.750
Zoning Commercial
Investment Type Stabilized
Ground Lease No
Ceiling Height 24
Ownership Trust

Industrial | 5.40% CAP | 28,220 SqFt

Marketing description

***RARE HIGH-DESERT INDUSTRIAL INVESTMENT OPPORTUNITY WITH TOWER INCOME + EXPANSION LAND****Exceptional opportunity to acquire a large-scale industrial/commercial asset in the rapidly growing Hesperia industrial corridor**This unique offering includes approximately 28,220 SF of functional industrial improvements situated on approximately 2.75 acres, PLUS two additional separately parceled 1.37-acre lots located directly behind the property — creating outstanding future expansion, storage, or development potential, Zoning for the lots is CIBP, Commercial/Industrial Business Park, considered FAVORABLE because it can support a broad range of Industrial & Commercial activities***Property features include: Approx. 5,000 SF loading dock area, Approx. 3,000 SF upstairs storage,16' roll-up doors, Approx. 24' clear height, Truck/loading capabilities, Yard functionality, Strong industrial utility for distribution, logistics, manufacturing, contractor operations, storage, or owner-user occupancy***The property currently generates monthly rental income with an Additional Verizon tower income***Combined gross income can be an attractive investment opportunity with long-term upside***The included Verizon tower provides stable passive income and enhances overall asset value***The additional Commercial/industrial parcels offer significant future flexibility for expansion, equipment yard, trucking operations, additional structures, or future resale potential***Located within the expanding High Desert industrial market with excellent regional access to I-15 freeway corridor, Southern California logistics routes, Inland Empire distribution networks, Victor Valley industrial growth corridor***This is a rare opportunity to acquire a multi-component industrial asset with income***Expansion land***Tower revenue***Functional loading infrastructure***High-clear industrial improvements***Long-term appreciation potential***Properties with this combination of size, income, excess land, and tower revenue rarely become available in the Hesperia market***

Investment highlights

  • Approx. 5,000 SF loading dock area
  • Approx. 3,000 SF upstairs storage
  • 16' roll-up doors
  • Approx. 24' clear height
  • Truck/loading capabilities
  • Yard functionality
  • Strong industrial utility for distribution, logistics, manufacturing, contractor operations, storage, or owner-user occupancy
  • Property currently generates monthly rental income with an Additional Verizon tower income
  • Combined gross income can be an attractive investment opportunity with long-term upside
  • Included Verizon tower provides stable passive income and enhances overall asset value
  • Additional Commercial/industrial parcels offer significant future flexibility for expansion, equipment yard, trucking operations, additional structures, or future resale potential
  • Located within the expanding High Desert industrial market with excellent regional access to I-15 freeway corridor, Southern California logistics routes, Inland Empire distribution networks, Victor Valley industrial growth corridor
  • Rare opportunity to acquire a multi-component industrial asset with income
  • Expansion land
  • Tower revenue
  • Functional loading infrastructure
  • High-clear industrial improvements
  • Long-term appreciation potential

Listing Contacts

KJ
CA 01840446
Re/Max Freedom
Listed by Re/Max Freedom

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Additional Information

Name
Kimberly Jarrard
License
01840446
Brokerage
01984658
Brokerage Phone
7608871122
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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