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12036 Bartlett Ave 3,698 SF Office Building Adelanto, CA 92301 $761,239 CAD ($205.85 CAD/SF) 9.05% Cap Rate



Investment Highlights
- 7 Commercial and 2 Residential Units Generating Income
- Lucrative Cap Rate
- Large 1+ Acre Lot
Executive Summary
***Come VIEW and MAKE an OFFER TODAY! Amazing COMMERCIAL INCOME PROPERTY located in expanding Adelanto CA. Positioned in the heart of Adelanto's Business Park District, the over 1-ACRE lot has plenty of space for parking or storage. Only a block from Hwy 395 and close to Interstate-15 the site offers excellent access to all of Southern CA. Plus, with Adelanto rapidly becoming a logistics/distribution hub, recent expansion has brought the SoCal Logistics Airport, Amazon fulfillment center, and Keurig/Dr. Pepper/Snapple manufacturing plant right next door. In addition, the site was part of Adelanto's BARTLETT AVE REHABILITATION PROJECT where millions was invested on massive improvements to infrastructure, as the city prepares for FUTURE GROWTH. The commercial building onsite has 7 units (2,413sf) that have been generating steady income for years, also there are two residential units (1,285sf) producing even more cash flow. Recently, electrical/plumbing/window upgrades were made in the commercial building, and new split-unit AC's along with tank-less water heaters have been installed for efficiency. Also, the residential units have recent upgrades. Currently, the property is generating over $62,000 in GROSS INCOME, with the pro-forma potential of producing upwards of $70,000 per year. An ideal property for any real estate investor in the market for LUCRATIVE CAP RATES, or an entrepreneur that needs more space to grow. A definite must see OPPORTUNITY before it's too late.***
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Build to Suit
Property Type
Office
Property Subtype
Building Size
3,698 SF
Building Class
B
Year Built/Renovated
1950/2025
Price
$761,239 CAD
Price Per SF
$205.85 CAD
Cap Rate
9.05%
NOI
$68,927 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,698 SF
Building FAR
0.08
Lot Size
1.10 AC
Opportunity Zone
Yes
Zoning
Commercial - Business Park
Parking
26 Spaces (7.03 Spaces per 1,000 SF Leased)
Amenities
- Fenced Lot
- Property Manager on Site
- Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 0459-164-11 | Improvements Assessment | $68,906 CAD (2025) |
| Land Assessment | $82,682 CAD (2025) | Total Assessment | $151,588 CAD (2025) |
Property Taxes
Parcel Number
0459-164-11
Land Assessment
$82,682 CAD (2025)
Improvements Assessment
$68,906 CAD (2025)
Total Assessment
$151,588 CAD (2025)
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12036 Bartlett Ave
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