Contacts

Tony Scafidi

Rigel Capital

Property Details

Property Type Industrial
Property Size 30,044 SF
Lot Size 2.5 Acre
Additional Rent Contact for pricing
Building Class B
Year Built 1987
Date Updated Apr 11, 2024

FOR SALE: 100% Occupied Industrial Commercial Complex. Last sold in the early 2000s, the Property was built in 1987 and is comprised of 3 buildings totaling ±30,064 SF on ±2.5 AC of land. Originally designed for 37 tenants, many tenants have expanded or have taken multiple units for their business growth. Fully occupied, almost all tenants are on month to month tenancy, allowing the opportunity for rental increases to current market values. Industrial is high in demand and with little vacancy, supply and demand have kicked in with rates increasing. The Seller is in the process of installing solar to the Property in order to eliminate the majority of electricity expense. This will be paid outright by Seller. Current tenants are comprised of auto, light manufacturing, office and adult entertainment. The Property is located in the industrial hub of Hesperia, CA in the High Desert. This is an ideal location for industrial and commercial business, surrounded by other mixed-use industrial, manufacturing, and general commercial. The Property neighbors the BNSF rail and is conveniently located between the two main arterials in the City. Hesperia continues to be one of the fastest growing cities in the US because of its affordable housing, pleasant desert climate, clean air, and breathtaking terrain. As coastal, inland logistics industrial spaces wane, the High Desert is becoming the next place to develop and do business. Hesperia and the High Desert are expected to grow tremendously over the next 10 years. Don't Delay. Seller open to carry paper with acceptable terms. Buyer to verify all.

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Highlights

From the I-15 Interstate exit Bear Valley Rd and head east; right on I Ave; right on Santa Fe Ave; left on Catalpa

Getting around

24/100
Walk Score ®
27/100
Bike Score ®

Powered by Walk Score ®

City Hesperia, CA
Zip Code 92345
Market Inland Empire

Points of Interest

Arco

1.83 miles
Chevron

1.86 miles
Beck Oil Site #84

2.65 miles
Fastrip

2.79 miles
76

2.84 miles
Circle K

3.18 miles
Mobil

3.42 miles
Tesla Supercharger

4.84 miles

Victorville Speedwash

0.87 miles
76 Car Wash

2.86 miles
U-HAUL Truck Rental

3.71 miles
Mall Express Lube And Car Wash

3.98 miles
Apple Valley Auto Spa

3.99 miles
Quick Quack Car Wash

4.04 miles
Bella Car Wash

4.05 miles
Xpress Car Wash

4.65 miles
Hesperia Speedwash

5.56 miles
Little Sister's Truck Wash

6.92 miles

Taco Bell

0.84 miles
In-N-Out Burger

0.87 miles
Carl's Jr.

0.88 miles
Subway

0.89 miles
Jack in the Box

0.97 miles
Domino's

0.97 miles
Pizza Hut

1.00 miles
Mariscos El Chaka Estilo Nayarit

1.03 miles
Del Taco

1.08 miles
Tom's Famous Family Restaurant

1.14 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

17415 Catalpa Street