202 N Mount Vernon Ave - Convenience Store FOR SALE
Colton, CA 92324 |
$5,731,920 USD
646-921-9713
202 N Mount Vernon Ave
Colton, CA 92324
HIGHLIGHTS
- Rare Large Rental Increase – There is a Large Rent Increase of 25.44% Scheduled IN 2030.
- Long Lease Term – ±10.2 Years Remaining With Two, 5 Year Options.
- NNN Lease – Offering the Landlord a Passive and Reliable Stream of Income With Minimal Responsibilities.
- Resilience IN Various Economic Conditions – the Convenience Store Industry Has Shown Resilience During Economic Fluctuations.
- Long Term Tenant – Tenant Has Been IN Operation Here Since 2005 and Recently Extended for an Additional 10 Years.
- Hard Signalized Corner – Generating Over ±25,000 VPD, With Access From Both Streets.
FOR SALE DETAILS
PRICE
$5,731,920 USD
PRICE/SF
$2,021 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
7-Eleven
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1995
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.97 AC
LAND SF
42,253 SF
ZONING
-
APN/PARCEL ID
0164-172-53
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646-921-9713
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646-921-9713
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