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Listed by Byron Castro • TOP PRODUCERS REALTY PARTNERS
$ 2,660,000
Est. payment | /mo
7,221 SqFt
$ 2,660,000
Est. payment | /mo
7,221 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 7,221 sqft
Price per Sqft $368
MLS Listing ID CRCV24216110
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1984
Lot Size 1.528 Acres
Property Description
HIGHLIGHTS: » Net Operating Income $113,832 » Current Cap Rate 4.28% » First time to hit market in 40 years » Huge lot with an abundance of parking » Located conveniently minutes away from Victoria Gardens » Portfolio sale » Can be sold individually Here is your exceptional class B restaurant building built in 1984 situated on a 1.54 Acre lot with 105 parking spaces. Located only minutes away from lively Victoria Gardens that offers a diverse array of shops, restaurants, and entertainment venues. Strategically positioned with convenient access to major thoroughfares, including the I-10, I-15, and 210 freeways. Foothill Blvd provides excellent visibility and accessibility for both commuters and businesses. TRIPPLE NET INVESTMENT Explore a premier investment opportunity at 10123 Foothill Blvd. Rancho Cucamonga, featuring a high-potential property in a vibrant commercial area. This prime location presents an exceptional chance for investors seeking stable, long-term returns in the robust commercial real estate market. The property is currently leased to a reliable long-term tenant under a triple net lease structure, guaranteeing a low-maintenance investment and a consistent income stream for the foreseeable future.
Location
State CA
County San Bernardino
Interior
Fireplace No
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Melanie Peterson-Katz
Partner | Lic# 00890767