1603 W Valley Blvd - Retail FOR SALE


Colton, CA 92324
$8,891,000 USD
949-230-1487
1603 W Valley Blvd, Colton, CA for Sale
$8,891,000 USD
Retail - FOR SALE
1/15
null | 5.65% Cap Rate

1603 W Valley Blvd
Colton, CA 92324


HIGHLIGHTS

  • 100% Occupied SoCal Multi-Tenant Retail Center | 8.3-Year WALT | NNN Leases | Internet Resistant Tenant Mix of Food & Medical Users
  • Dynamic Retail Destination Colton City Hub Centre | Arco AMPM Gas Station | Next to 100-Room Hotel Development | Strong Real Estate Fundamentals
  • Signalized Intersection (38,570 VPD) | Right Off Interstate-10 On/Off Ramp (209,000 VPD)
  • Arrowhead Medical Center (456 Beds) | Adjacent to 2 Hotel Developments | Dense Retail Corridor
  • Strong Demographics in 5-Mile Trade Area | Inland Empire

OVERVIEW

• 100% occupied multi-tenant strip center with internet resistant tenant mix of food and medical users • Black Bear Diner (10-yrs remaining) – operates +170 locations across 14 states • Einstein Bros Bagels (New 10-yr Lease) – operates +700 locations across 45 states • Pizza with a Twist (New 10-yr Lease) – operates +81 locations across 10 states with +35 in California • Apple Urgent Care (5.5-yrs remaining with 3% annual increases) • Amani Dental (5-years remaining with ~2.5% annual increases) • Bwell Pharmacy (3-years remaining with 3% annual increases) • 8.3-year weighted average lease term (WALT), provides long term security • Strong NOI growth with scheduled increases for all tenants • 2.50% 10-Year CAGR (Compound Annual Growth Rate) • 28% NOI growth over 10-Years • NNN Leases; reducing the risk of expense leakage for a future investor

FOR SALE DETAILS

PRICE

$8,891,000 USD

PRICE/SF

$614 USD /SF

CAP RATE

5.65%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Colton Hub City Centre

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

74

LAND DETAILS

LAND ACRES

2.03 AC

LAND SF

88,427 SF

ZONING

-

APN/PARCEL ID

0254-071-71

ASK ABOUT THIS PROPERTY

Alexander MooreSRS National Net LeaseMore Info
949-230-1487

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Alexander MooreSRS National Net LeaseMore Info
949-230-1487

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.