San Bernardino, Commercial for Sale – 17130 Muskrat Ave, Adelanto, CA 92301, USA -001-11-30T00:00:00-08:00
Down payment of $4.4 million. Seller will carry $2.5 million at 2.5% interest rate. Cap rate is 17.4% based off of down payment. Property will be delivered with permit and CUP in hand. Plans are in progress to add an additional 50,000 sq.ft. Four existing 12
17130 Muskrat Ave, Adelanto, CA 92301, USA
$6,900,000 USD
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Address17130 Muskrat Avenue, Adelanto
Property SubtypeIndustrial
Price$6,900,000
Price Changed6.15% ($400,000, 6 days ago)
Property TypeCommercial Sale
Year Built2000
Bedrooms Total0
Living Area48,000 ft2
Listing IDOC17059289
StatusActive
Parcel Number0459671090000
Special ConditionsStandard
Days on Market150

Detailed Description: Down payment of $4.4 million. Seller will carry $2.5 million at 2.5% interest rate. Cap rate is 17.4% based off of down payment. Property will be delivered with permit and CUP in hand. Plans are in progress to add an additional 50,000 sq.ft. Four existing 12,000 sq.ft buildings on one lot for a total of 48,000 sq.ft. This building is zoned for most marijuana uses except dispensaries. There are four 12,000 square-foot buildings on 4.67 acres. The two back buildings are occupied by a boat builder and the rent collected or just over 7000 a month for both buildings. There is a 70% chance the two back units will be vacated next summer. Worst case scenario, the back units will be vacant in three years when the lease is up. The two front units are also leased. The one building is collecting 27,000 a month and the other is collecting $30,000 a month.


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Address Information
Address17130 Muskrat Avenue, Adelanto
Street SuffixAvenue
CityAdelanto
Location (MLS Area)ADL – Adelanto
County Or ParishSan Bernardino
State or ProvinceCA
Postal Code92301
Postal Code Plus42473
CountryUS
Financial Information
Price Changed6.1538%
Previous Price$6,500,000
Price per Square Foot$143.75
Special ConditionsStandard
Tax Year2000
Full Descriptions
Parcel Number0459671090000
Detailed DescriptionDown payment of $4.4 million. Seller will carry $2.5 million at 2.5% interest rate. Cap rate is 17.4% based off of down payment. Property will be delivered with permit and CUP in hand. Plans are in progress to add an additional 50,000 sq.ft. Four existing 12,000 sq.ft buildings on one lot for a total of 48,000 sq.ft. This building is zoned for most marijuana uses except dispensaries. There are four 12,000 square-foot buildings on 4.67 acres. The two back buildings are occupied by a boat builder and the rent collected or just over 7000 a month for both buildings. There is a 70% chance the two back units will be vacated next summer. Worst case scenario, the back units will be vacant in three years when the lease is up. The two front units are also leased. The one building is collecting 27,000 a month and the other is collecting $30,000 a month.
Water SourceSee Remarks
Property parameters
Year Built2000
Living Area (Sq.Ft.)48,000 ft2
Lot Size SourceAssessor
Water SourceSee Remarks
Land Usage DescriptionIndustrial
Property SubtypeIndustrial
Building StatusExisting
Industrial TypeManufacturing, Warehouse / Distribution, Warehouse / Office
Listed withChris Shepard (Chris Shepard, Broker)