Commercial Strip Center for Sale !!

Shopping Center for Sale
Catylist Listing ID: 30618763
Property Subtypes: Strip Center
Building Size (RSF): 9,597 SF
Gross Building Area: See Agent
Sale Price: $1,290,000
Unit Price: $134.42 PSF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller, Owner Financing, Other
Last Updated: 7/15/2020

Overview / Comments

Strip Center/ General Commerical Building ! Located on the Main Drive Just under 10,000 sqft on 27878 sqft lot with unlimited potential ! Great Location and exposure 37 parking spots and much much more ! Pre Covid 7% Cap rate !!

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 641-042-047, 641-042-048
Zoning: RETAIL - STRIP CENTER
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Acoma Ave / Buena Vista Ave
Property Visibility: Excellent
Largest Nearby Street: Palm Drive
Site Description: Excellent Location !! Lowest price/SQFT and below replacement cost for such highly visible, well located property with 37 parking spaces, 9,597 SQFT updated building, 27,878 SQFT of land.
Area Description: Located in the Heart of Commercial Commerce !!
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1997
Year Renovated: 2017
Construction/Siding: Stucco
Exterior Description: 3.39 Parkoing Spaces per 1,000 SF Leased
Parking Type: Surface
Total Parking Spaces: 37
Zoning Description: General Commercial
Land Ownership: Fee

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,154 34,145 40,979
Median Age: 29.99 32.4 35.04
Households: 5,535 11,294 14,225

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