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16224 Koala Road
USD 4,200,000
Property ID: HD23222850
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16224 Koala Road ,92301
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icon 40959 SqFt
icon Built in 1997
icon USD 103/SqFt
icon 0 Bed
icon 0 Full
icon --
icon --
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Location Street View
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Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
9450
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1997
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Detailed Introduction Of This Home
Discover this investment opportunity with a Single Tenant NNN Cannabis Investment, currently generating a monthly cash flow of ±$24,061.21. The lease, initiated in September 2020, extends through August 31, 2030, providing a solid seven years of lease term remaining. Enjoy the assurance of a 3.00% annual increase to the base rent, ensuring continued growth! The tenant has committed to the property through substantial improvements, and their approach includes collaboration with a consultant to execute planned enhancements and secure a Conditional Use Permit from the City of Adelanto. The tenant has consistently met rent obligations since the sixth month of the first year. With a lease duration, consistent cash flow, and tenant-driven property enhancements, this investment stands as a compelling prospect in the cannabis market. Don't miss out on the opportunity for a stable and thriving investment!
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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+87
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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16224 Koala Road
USD 4,200,000 0 Beds
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