$1,599,000
Well-positioned industrial investment opportunity in the heart of Hesperia’s growing industrial corridor. This 7-unit property totals approximately ±17,100 SF on ±1.31 acres and is currently fully occupied, offering a strong in-place cap rate of approximately 7.77%. Most tenants are on month-to-month agreements, providing flexibility for an owner-user or the ability to reposition with long-term leases—several tenants have expressed interest in extending. Current uses include auto and light manufacturing, supporting consistent demand in this high-need sector. Strategically located between two major arterials and surrounded by established industrial and commercial uses, the property benefits from excellent accessibility and positioning. With limited industrial inventory in the High Desert and continued regional growth, this asset is well-suited for investors seeking stable income with upside potential. Plans for solar are available, adding future value opportunities.
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Listed by Keith Liverman with Century 21 Masters (760) 244-8557
Property Type
Industrial
Status
Active
MLS Number
HD26070647
Year Built
1980
Lot Size
1.31 acres