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536-661 W Arrow Hwy
San Dimas, CA 91773

$6,212,400 USD

Freestanding For Sale  •  31,062 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 31,062 SF
  • Lot Size 0.63 AC
  • Building Class C
  • Year Built 1989
  • Tenancy Multiple
  • Zoning CG
0 Transit Score
78 Walk Score

Highlights

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.

Amenities

  • Bus Line
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
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
AirportDriveWalkDistance
Ontario International 23 min - 20.5 mi
John Wayne 34 min - 34.5 mi
Long Beach-Daugherty Field 43 min - 42.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 100
Type: Surface
Included in Rent: Yes
Anthony Le 714-423-3819 Le Investment Group
Anthony Le 714-423-3819 Le Investment Group