16224 Koala Road

16224 Koala Road Adelanto, California 92301 United States

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!

Listing Courtesy of Lee & Associates, Email/Phone : 760 475-4669

The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.