For Sale $3,350,000
Property Type Industrial
Property Size 30,044 SF
Lot Size 2.5 Acre
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

Contacts

Tony Scafidi

Rigel Capital

(760) 912-7143

Location

Getting Around

Walk Score ®
24/100 Car-Dependent
Bike Score ®
27/100 Somewhat Bikeable

Map
Street

City Hesperia, CA
Zip Code 92345
Market Inland Empire

Points of Interest

Victorville

5.39 miles

Arco

1.83 miles
Chevron

1.86 miles
Chevron

2.39 miles
Beck Oil Site #84

2.65 miles
Fastrip

2.79 miles
Arco

2.79 miles
76

2.84 miles
76

3.18 miles
Circle K

3.18 miles
Mobil

3.42 miles

Lot 10

1.35 miles
Lot 11

1.39 miles
Lot 12

1.43 miles
Lot 3

1.46 miles
Lot 5

1.47 miles
Lot 13

1.49 miles
Lot 2

1.51 miles
Lot 6

1.52 miles
Lot 1

1.57 miles
Lot 7

1.59 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
Del Taco

1.09 miles

Ross

0.90 miles
Vons

0.97 miles
ALDI

1.70 miles
WinCo Foods

2.16 miles
99 Cents Store

2.33 miles
Target

2.40 miles
Stater Bros.

2.64 miles
Stater Bros.

2.68 miles
Vons

2.70 miles
Smart & Final

2.92 miles

Walgreens

0.86 miles
Veteran Administration Clinic

0.86 miles
CVS Pharmacy

0.93 miles
Desert Valley Hospital

1.17 miles
Town Center Plaza Urgent Care

2.07 miles
Rite Aid

2.17 miles
CVS Pharmacy

2.42 miles
Jonathan's Pharmacy

2.56 miles
Walgreens

2.57 miles
Yucca Loma Fire Station 336

3.62 miles

Frequently Asked Questions

What is the lease rate for 17415 Catalpa Street?

Rental asking rate at 17415 Catalpa Street is $1,675,000.00/YR.

What is the total square footage of 17415 Catalpa Street?

17415 Catalpa Street totals 30,044 square feet.

When was this property built?

17415 Catalpa Street was built in 1987.

Looking for more in-depth information on this property?

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Contact Listing Broker

Tony Scafidi

Rigel Capital

(760) 912-7143

17415 Catalpa Street