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9367 & 9365 Cassia Rd.9367 & 9365 Cassia Rd., Adelanto
O F F E R I N G M E M O R A N D U M
9367 & 9365 Cassia Rd. CONTENTS
Exclusively Marketed by:
James BonaccorsoBroker626-755-3223License # [email protected]
We obtained the following information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors,omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent the current or futureperformance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
01 Executive Summary Executive Summary 5 Location Summary 6
02 Property Description Property Features 8 Aerial Map 9 Parcel Map 10 Property Images 11
03 Demographics Demographics 16 Demographic Charts 17
The information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Bonaccorso & Associates and it should not be made available to any other person or entity without the written consent of Bonaccorso & Associates. This offering memorandum has been prepared to provide summary, unverified financial and physical information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Bonaccorso & Associates has not made any investigation, and makes no warranty or representation with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence of absence of contaminating substances, PCB's or asbestos, the compliance with local, state and federal regulations, the physical condition of the improvements thereon, or financialcondition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this offering memorandum has been obtained from sources we believe reliable; however, Bonaccorso & Associates has not verified, and will not verify, any of the information contained herein, nor has Bonaccorso & Associates conducted any investigation regarding these matters and makes no warranty or representation whatsoeverregarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Prospective buyers shall be responsible for their costs and expenses of investigatingthe subject property. The projections and/or pro forma budget contained herein represent best estimates on assumptions considered reasonable under the circumstances. This document is provided subject to errors, omissions and changes in the information and is subject to modification or withdrawal. We obtained the information contained in this Offering Memorandum from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates or example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and any transaction. NON-ENDORSEMENT NOTICEBona Corso & Associates is not affiliated with, sponsored by, or endorsed byany commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Bona Corso & Associates, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Bona Corso & Associates, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers. ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONTACT BROKER FOR MORE DETAILS.
9367 & 9365 Cassia Rd. Confidentiality and Disclaimer | 03
Copyright © 2018 CREOP, LLC. All Rights Reserved.
9367 & 9365 C
assia Rd
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mm
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Executive Summary
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Location Summary
9367 & 9365 Cassia Rd. Executive Summary | 05
OFFERING SUMMARYADDRESS 9367 & 9365 Cassia Rd. Adelanto CA
93501
COUNTY San Bernardino
MARKET San Bernardino
SUBMARKET North San Bernardino
NET RENTABLE AREA (SF) 37,750
LAND SF 234,919 SF
YEAR BUILT 1994, 2013
YEAR RENOVATED 2017
APN 312926161,312926162, 312926164
MAJOR TENANT/S Vacant
OWNERSHIP TYPE Fee Simple
FINANCIAL SUMMARYOFFERING PRICE $5,500,000
PRICE PSF $145.70
DEMOGRAPHICS 1 MILE 3 MILE 5 MILE2018 Population 775 14,176 42,466
2018 Median HH Income $29,305 $42,422 $44,616
2018 Average HH Income $48,942 $51,613 $53,926
Low Tax Basis
Ample Local Employee Base
1 Hr Approx. From Los Angeles
Existing C.U.P for Cultivation and Manufacturing
Fully Insulated Building. One with Fire Sprinklers
Clean Phase 1 & 2 Report.
Bona Corso & Associates is pleased to present for sale thisindustrial property located in the City of Adelanto within thedesignated Medical Marijuana Cultivation Zone. 9365 Cassia (Formerly 16441 Beaver) consists of 1 building totaling 7,000Situated on approx. 108,900 sq. ft. of land. 9367 Cassia consistsof 30,750 Sq. Ft. on 149,411 sq ft. of land. A capacity of 800Amps/ 480 Volt is currently available on the property. Bothbuildings are insulated and the 7,000ft building has firesprinklers. Property is perfect for cannabis cultivation,processing, and research & development amongst otherindustrial uses. Most industrial uses are allowed. Prior use washeavy equipment manufacturing. The Property offers plenty ofroom for expansion. Adjacent parcels 16425 Beaver Rd. and16415 Beaver Rd. are available for sale or lease as well. CannabisLicenses available within this zone include Cannabis Cultivation,manufacturing, distribution, transportation, testing, and isgreenhouse approved ordinance. Buyer to verify. Easy accessfrom Highway 395 and I15 Frwy." Clean Phase 1 & 2Environmental report available. Buyer to verify all informationpresented. An Existing C.U.P for manufacturing and cultivationexists on each property.
9367 & 9365 Cassia Rd. Location Summary | 06
Located east of Highway 395. From Los Angeles.Adelanto is a city in San Bernardino County,California, United States. It is about 9 mi northwestof Victorville in the Victor Valley area of the MojaveDesert, known as the northern region of the InlandEmpire. The population was 31,765 at the 2010Census.
Regional Map
Locator Map
9367 & 9365 C
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erty Descrip
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Property Description
9367
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365
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SSIA
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Aerial Map
Parcel Map
Additional Maps
Property Images
9367 & 9365 Cassia Rd. Property Features | 08
Site DescriptionNUMBER OF UNITS 3
NET RENTABLE AREA (SF) 37,750
LAND SF 234,919
LAND ACRES 5.93
YEAR BUILT 1994, 2013
YEAR RENOVATED 2017
# OF PARCELS 3
ZONING TYPE MI - Manufacturing Industrial
NUMBER OF STORIES 1
NUMBER OF BUILDINGS 3
NUMBER OF PARKING SPACES Ample
GRADE LEVEL DOORS 3
FENCED YARD Yes/ Partial
OFFICE SF 4500
NEIGHBORING PROPERTIESNORTH Industrial
SOUTH Detention Facility
EAST Industrial
WEST Industrial
MECHANICALHVAC Only in Office
FIRE SPRINKLERS Only in 9365 Cassia
ELECTRICAL / POWER Main is in 9367 Cassia. 800amp/480 volt
CONSTRUCTIONFOUNDATION Concrete
FRAMING Steel
EXTERIOR Steel
PARKING SURFACE Concrete
ROOF Steel
LANDSCAPING Natural Terrain
TENANT INFORMATIONMAJOR TENANT/S Vacant
LEASE TYPE Vacant
9367 & 9365 Cassia Rd. Aerial Map | 09
9367 & 9365 Cassia Rd. Parcel Map | 10
9367 & 9365 Cassia Rd. Property Images | 11
9367 & 9365 Cassia Rd. Property Images | 12
9367 & 9365 Cassia Rd. Property Images | 13
9367 & 9365 Cassia Rd. Property Images | 14
9367 & 9365 C
assia Rd
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ograp
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Demographics
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Demographic Charts
9367 & 9365 Cassia Rd. Demographics | 16
POPULATION 1 MILE 3 MILE 5 MILE
2000 Population 511 8,271 19,879
2010 Population 760 13,408 37,797
2018 Population 775 14,176 42,466
2023 Population 799 14,831 44,820
2018 African American 126 2,480 7,583
2018 American Indian 10 168 498
2018 Asian 11 259 1,063
2018 Hispanic 479 8,982 26,222
2018 White 374 6,388 18,632
2018 Other Race 213 3,993 11,850
2018 Multiracial 37 791 2,567
2018-2023: Population: Growth Rate 3.05 % 4.55 % 5.40 %
2018 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE
less than $15,000 2 521 1,772
$15,000-$24,999 2 430 1,451
$25,000-$34,999 1 353 1,020
$35,000-$49,999 1 421 1,374
$50,000-$74,999 1 693 2,266
$75,000-$99,999 1 353 1,248
$100,000-$149,999 1 254 1,044
$150,000-$199,999 0 36 160
$200,000 or greater 0 29 95
Median HH Income $29,305 $42,422 $44,616
Average HH Income $48,942 $51,613 $53,926
HOUSEHOLDS 1 MILE 3 MILE 5 MILE
2000 Total Housing 10 1,996 6,114
2010 Total Households 9 2,920 9,380
2018 Total Households 10 3,089 10,431
2023 Total Households 10 3,231 10,966
2018 Average Household Size 58.10 4.18 3.93
2000 Owner Occupied Housing 5 1,306 3,417
2000 Renter Occupied Housing 1 499 1,803
2018 Owner Occupied Housing 6 1,847 6,052
2018 Renter Occupied Housing 4 1,241 4,378
2018 Vacant Housing 6 339 1,245
2018 Total Housing 16 3,428 11,676
2023 Owner Occupied Housing 6 2,030 6,638
2023 Renter Occupied Housing 4 1,201 4,329
2023 Vacant Housing 6 318 1,163
2023 Total Housing 16 3,549 12,129
2018-2023: Households: Growth Rate 0.00 % 4.50 % 5.05 %
Source: esri
9367 & 9365 Cassia Rd. Demographic Charts | 17
1 Mile Radius 3 Mile Radius 5 Mile Radius
2018 Household Income
1 Mile Radius 3 Mile Radius 5 Mile Radius
2018 Population by Race
9367 & 9365 Cassia Rd. Demographic Charts | 18
2018 Household Occupancy - 1 Mile Radius
Average Income Median Income
2018 Household Income Average and Median
9367 & 9365 Cassia Rd.
Exclusively Marketed by:
James BonaccorsoBroker626-755-3223License # [email protected]
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