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12000 Stadium Way

16,747 SF Sports & Entertainment Building Offered at $3,900,000 in Adelanto, CA 92301

Investment Highlights

  • Great Event/Recreation Space/Outdoor Theater

Executive Summary

PLEASE REFERENCE THE ATTACHMENTS FOR DETAIL.
The City of Adelanto (City) is seeking bids from qualified and experienced respondents to purchase the Adelanto Plaza & Event Center (Event Center), located at 12000 Stadium Way, Adelanto, CA 92301.
The Event Center is owned by the City of Adelanto and opened on April 23rd, 1991. Over the years, the Event Center has had a variety of names including Mavericks Stadium and Heritage Field at Slater Bros. Stadium. From 1991 through 2016, the High Desert Mavericks, a Class A affiliate of the MLB’s Texas Rangers, occupied the stadium until ceasing operations as a part of the Carolina/California League realignment. The High Desert Yardbirds baseball team, part of the independent professional Pecos League, called the Event Center home from 2017 through 2021. Today, the Event Center hosts many popular events like the famous Kush Stock Festival, Adelanto Grand Prix, Market 760 Food Festival, and many mixed martial arts competitions. Other existing facility uses include meetings, flea markets, non-profit events, concerts, and motocross events.
The City’s goal is to complete a sale of the Event Center to a qualified and experienced entity with a proven track record of successfully owning and operating comparable facilities that are similar in size/scale. The City also seeks a partner who is committed to giving back to the local Adelanto community, and demonstrates innovative ideas for developing the Event Center as an important regional amenity to the entire High Desert region.
Any information that a prospective respondent considers confidential, the disclosure of which would be an unwarranted invasion of personal privacy, should be labeled “CONFIDENTIAL; NOT PUBLIC RECORDS”. During the evaluation process, the City will keep such information confidential and will not disclose it except as may be required under applicable law, including the California Public Records Act. This means that, depending on the nature of timing of the request, or future court decisions, that information will not remain private and may be publicly disclosed.
Proposals must be submitted in conformance with the Invitation to Bids and the provisions therein. Please submit electronically, in PDF format, Attention: Brenda Lopez, City Clerk (blopez@adelantoca.gov).
NOTICE IS HEREBY GIVEN: That, the respondents and any sub-consultant is required to comply with all City of Adelanto, State of California, and Federals laws, as applicable.

Property Facts

Price $3,900,000
Price Per SF $233
Sale Type Investment or Owner User
Property Type Sports & Entertainment
Property Subtype
Theater/Concert Hall
  • Sports & Entertainment Baseball Field
Building Class B
Lot Size 16.07 AC
Building Size 16,747 SF
No. Stories 1
Year Built 1991
Tenancy Single
Parking Ratio 10/1,000 SF

Amenities

  • Food Court
  • Air Conditioning

zoning

Zoning Code MU (Mixed Use, Dispensary Overlay)
MU (Mixed Use, Dispensary Overlay)
  • Listing ID: 33160513

  • Date on Market: 9/12/2024

  • Last Updated:

  • Address: 12000 Stadium Way, Adelanto, CA 92301

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