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Gov Single Tenant | 8.2% Cap Rate 2340 Barstow Rd 17,433 SF 100% Leased Retail Building Mojave, CA 93501 For Sale
Investment Highlights
- Single Tenant Investment
- Long Term Lease
- Government Tenant
- 8.2% Cap Rate
Executive Summary
Attractive single-tenant investment offers investors a rare opportunity to acquire a stable, government-backed income property in the rapidly evolving Mojave aerospace corridor. The 17,433-square-foot building sits on approximately 1.30 acres and is fully leased to the County of Kern Department of Human Services, providing essential community services with a lease in place through April 18, 2033. The asset generates $261,431 in annual base rent with approximately $181,359 in NOI and features built-in rent increases averaging 2.57% annually, delivering reliable long-term income. Strategically positioned with excellent access to Highways 14 and 58, the property benefits from proximity to the Mojave Air & Space Port, Edwards Air Force Base, and major transportation corridors, placing it in the center of one of California’s most dynamic aerospace and logistics regions. With strong government tenancy, a high-visibility location, ample parking, and future regional growth driven by aerospace innovation and infrastructure investment, this offering represents a compelling opportunity for investors seeking durable cash flow and long-term value. Call for more details.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
17,433 SF
Building Class
C
Year Built/Renovated
1969/2022
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.31
Lot Size
1.30 AC
Opportunity Zone
Yes
Zoning
C-2 - General Commercial
Frontage
147’ on Barsrtow Rd
Amenities
- Bus Line
Nearby Major Retailers
Property Taxes
| Parcel Number | 236-273-14-00-0 | Improvements Assessment | $1,122,452 |
| Land Assessment | $289,656 | Total Assessment | $1,412,108 |
Property Taxes
Parcel Number
236-273-14-00-0
Land Assessment
$289,656
Improvements Assessment
$1,122,452
Total Assessment
$1,412,108
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Gov Single Tenant | 8.2% Cap Rate | 2340 Barstow Rd
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