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1024 W Gladstone Street - The Shops II on Gladstone, San Dimas, CA

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1024 W Gladstone Street - The Shops II on Gladstone

San Dimas, CA 91773-1715 - Eastern SGV Submarket

(5.2 MB)

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:2016
Building Size:7,717 SF Land Area:1.03 AC (44,758 SF)
For Sale Price:$6,735,000 Price/SF:$872.75
Cap Rate:5.25 %

Sale Notes:
* Costco Shadow Anchor Strong performer Costco with a fuel pad creates a regional point of destination location within the larger trade area

* Non-Commodity Uses Internet resistant tenancy including restaurant, beverage, service retail and ATM uses provide a bulwark against internet competition You can' t do this online!

* Ample Parking With 7.21 parking spaces per 1,000 SF of building area, the property' s high parking ratio permits a wide variety food, beverage and medical future uses

* Long Term NNN Tenant Leases ALL tenant leases features lease terms of 10 years or more, enhancing stability and limiting near-term tenant rollover

* Recent Construction Rare, newly-constructed Los Angeles County, Costco shadow anchored center, professionally developed and maintained by Evergreen Devco
* More than 112,000 people in a 3-mile radius with an Average Household Income exceeding $97,100

Phil D Voorhees
(949) 725-8521

Kirk Brummer
(949) 725-8418

John Read
(949) 725-8606

Jimmy Slusher
(949) 725-8507

Megan Wood
(949) 725-8423

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