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    5727 Adobe Road

    29 Palms, CA 92277
    • $350,000
    • STATUS: Active
    • ON SITE: 58 days
    • ID#: 219047019DA
    UPDATED: 22 min ago
    $350,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1960
    County:

    School Ratings & Info

    Description

    Located in the Heart of 29 Palms on a High Traffic Corner of Adobe Rd, and 2 Mile Rd. Price includes a Portfolio of 2 Commercial Retail Buildings with 3 Long Term Tenants. 100% Leased, 8.31% Cap Rate, (NOI) Net Operating Income: $29,071.00, Tenants Provide Services to the Military, New Roofs, Paved Lots, Fresh Paint, Over 50k in Tenant Improvements, New Signage, 3,500 SQFT, Tenants include Ink Bomb Tattoo, Studio 10 Hair Salon, and Blue Sky Therapy. Near 29 Palms Marine Base and Joshua Tree National Park, Sale Includes following APN#s: 0623-121-10, 0623-121-09, 0623-121-11 Property Addresses: 5727 Adobe Rd, 29 Palms, CA 92277,5729 Adobe Rd, 29 Palms, CA 92277, and 5735 Adobe Rd, 29 Palms, CA 9227

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-29T15:34:29.86. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or American Real Estate List & Sell. Licensed in the State of California, USA.

    www.americanrealestatehomes.com/homes/108475537
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    5727 Adobe Road 29 Palms, CA 92277

    • Price: $350,000
    • Status: Active
    • Updated: 22 min ago
    • ID#: 219047019DA
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    1960
    Built
    Neighborhood:
    371 - 29 Palms
    County:
    San Bernardino
    Area:
    371 - 29 Palms
    Property Description
    Located in the Heart of 29 Palms on a High Traffic Corner of Adobe Rd, and 2 Mile Rd. Price includes a Portfolio of 2 Commercial Retail Buildings with 3 Long Term Tenants. 100% Leased, 8.31% Cap Rate, (NOI) Net Operating Income: $29,071.00, Tenants Provide Services to the Military, New Roofs, Paved Lots, Fresh Paint, Over 50k in Tenant Improvements, New Signage, 3,500 SQFT, Tenants include Ink Bomb Tattoo, Studio 10 Hair Salon, and Blue Sky Therapy. Near 29 Palms Marine Base and Joshua Tree National Park, Sale Includes following APN#s: 0623-121-10, 0623-121-09, 0623-121-11 Property Addresses: 5727 Adobe Rd, 29 Palms, CA 92277,5729 Adobe Rd, 29 Palms, CA 92277, and 5735 Adobe Rd, 29 Palms, CA 9227
    Exterior Features

    Lot Features Corner LotNear Public Transit Lot Size Units Acres Parking Total 20.00 Uncovered Spaces 20.00

    Interior Features

    Building Features Phone SystemTv System Office Square Footage 0 Office Square Footage Max 0 Office Square Footage Min 0

    Property Features

    Asset Class Retail Business Type Retail Cap Rate 8.31 Effective Gross 31200 Equipment Value 0 Gross Operating Income 0.00 Inclusions 3 Properties Included in Sale: Apn#S0623-121-100623-121-090623-121-11 Addresses5727 Adobe Rd29 PalmsCa 922775729 Adobe Rd29 PalmsCa 922775735 Adobe Rd29 PalmsCa 92277 Industrial Square Footage 0 Industrial Square Footage Max 0 Industrial Square Footage Min 0 Insurance Expense 1229.00 Inventory Value 0 Investment Property YN Yes Land Use Retail Property Sub Type Commercial/Residential Retail Square Footage 916 Special Listing Conditions Standard Total Monthly Rent 0 Water Sewer Expense 900.00 Zoning C-1/C-P

    Listing provided courtesy of Brian Mahaffey of Fathom Realty Group Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-29T15:34:29.86. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or American Real Estate List & Sell. Licensed in the State of California, USA.

     
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