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12526-12544 Central Ave
Chino, CA 91710

$4,220,000 USD

Storefront For Sale  •  13,790 SF

Property Details

  • Property Type Storefront
  • Total Building Size 13,790 SF
  • Lot Size 1.41 AC
  • Building Class C
  • Year Built 1970
  • Cap Rate 8.15 %
  • Tenancy Multiple
  • Zoning CG
30 Transit Score
85 Walk Score

Highlights

Opportunity to double in-place NOI by leasing vacant space
Below Market Rents - property wide, in-place rents are just $2.11/PSF NNN, leaving substantial room to grow rents as leases expire
The city of Chino is centrally located in the heart of the Inland Empire with direct access to surrounding freeways including the 60, 71 & 10
Given the existing vacancy and short-term leases, an Owner/User has the ability to purchase and occupy all, or a portion, of the shopping center
Cap Rate: 8.15 %

Public Transportation

Commuter RailDriveWalkDistance
Montclair (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) 14 min - 5.3 mi
Downtown Pomona (Riverside Line - Southern California Regional Rail Authority (Metrolink)) 13 min - 6.6 mi
AirportDriveWalkDistance
Ontario International 12 min - 7.8 mi
John Wayne 36 min - 35.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Darren Fitch 714-878-8543 CBRE
Darren Fitch 714-878-8543 CBRE