Freestanding For Sale • 31,062 SF
Attractive upside in potential income with a ProForma CAP Rate of 6.75%. Significant NOI growth through leasing-up the vacant space & as leases roll. |
NNN Leases / Lease LOI pending for the former Boot Barn Unit. This unit features dual entry and front & rear parking. |
Currently property wide rents are averaging just $1.39 PSF/month. Existing rents will be easily replaced or improved as leases roll. |
Current Occupancy of 80%. Neighboring rental comparables illustrate a 85% - 90% occupancy area. |
Priced below replacement cost @ ($200 PSF) / Possible SBA 10% down financing available for well qualified buyers. Please call to inquire. |
Traffic counts exceed 35k cars/day / Ample on-site parking (No parking ownership). Common area maintenance paid to the owners association. |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Covina (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) | 14 min | - | 5.3 mi |
Pomona (North) (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) | 12 min | - | 6.9 mi |
Airport | Drive | Walk | Distance |
Ontario International | 23 min | - | 20.5 mi |
John Wayne | 34 min | - | 34.5 mi |
Long Beach-Daugherty Field | 43 min | - | 42.5 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 100 |
Type: | Surface |
Included in Rent: | Yes |