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 |
---|---|---|---|
Pomona (North) (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) | 9 min | - | 4.7 mi |
Covina (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) | 9 min | - | 5.3 mi |
Airport | Drive | Walk | Distance |
Ontario International | 22 min | - | 14.7 mi |
John Wayne/Orange County | 41 min | - | 34.5 mi |
Long Beach (Daugherty Field) | 48 min | - | 38.3 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 100 |
Type: | Surface |
Included in Rent: | Yes |