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Listed by Matthew Arfa • AMS Holdings, Inc.
$ 4,575,000
Est. payment | /mo
5,200 SqFt
$ 4,575,000
Est. payment | /mo
5,200 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,200 sqft
Price per Sqft $879
MLS Listing ID CRNP24224437
HOA Y/N No
Year Built 2023
Lot Size 0.873 Acres
Property Sub-Type Retail
Source Datashare California Regional
Property Description
Introducing **TERRACE PLAZA at 22200 in the vibrant CITY OF GRAND TERRACE! This commercial property boasts a prime location zoned for general commercial use across from a bustling Stater Bros center with popular tenants like McDonald’s, Miguel's, and Auto Zone. Featuring a lineup of successful tenants including Piara Pizza, Rapha Tea, Baskin Robbins, Wing Stop, and Starbucks, this property offers a robust investment opportunity with triple net contracts. With a total building area of 5200 SF, the plaza maintains 100% occupancy and generates a substantial NOI of $226,840 in the first year. In the heart of Grand Terrace, a city known for its high-quality living, top-rated schools, and a safe community environment, this property is strategically positioned to capitalize on the ongoing enhancements in the area, including the $92.3 million Barton Road, I-215 interchange project. Don't miss out on this lucrative investment opportunity . This can be purchased separately or together with 22220 Barton Rd (Starbucks drive thru) .
Location
State CA
County San Bernardino
Interior
Fireplace No
Building
Water Public
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Yeimalis Acevedo-Rasmussen
Broker-Owner | Lic# CA 01727676 | TX 9014437