291-293 W H St - Auto Repair FOR SALE


Colton, CA 92324
$1,695,888 USD
626-631-4824
291-293 W H St, Colton, CA for Sale
$1,695,888 USD
Auto Repair - FOR SALE
1/8
null | Request Cap Rate

291-293 W H St
Colton, CA 92324


HIGHLIGHTS

  • Seller Financing | 3% Interest Rate, 10 Year Term, 20 Year Amortization
  • 4 Units That Are Separately Metered With Their Own Bathroom
  • 2006 Construction | Reducing Near-Term Capital Expenditure Risk
  • Strategic Location | Excellent Access to I-10, I-215, and I-15 Freeways
  • Flexible Industrial Use | Ideal for Automotive or Light Industrial Use
  • Robust Demographics | Over 319,000 Residents Within Five Miles, Median Household Incomes Exceeding $43,000

OVERVIEW

NNN Retail Group is pleased to present a rare opportunity to acquire a freestanding industrial/automotive building in Colton, CA. Located at 291 West H Street, this 7,762 SF building sits on a 0.47 acre lot. Built in 2006, the property is currently 50% occupied, providing flexibility for an owner-user or investor to reposition the asset to meet market demand. The property is comprised of two buildings with a total of thirteen roll-up doors. There are four separate units that are separately metered with their own bathrooms and some office space in each of the units. The Seller is also willing to finance a sale, subject to the Buyer's financials, at a significantly lower than market rate of 3% for a 10 year term and amortized over 20 years. Strategically situated in the Inland Empire, one of the nation’s most active industrial markets. The Inland Empire continues to rank as one of the nation’s most desirable industrial markets, benefiting from exceptional transportation infrastructure and high tenant demand. The property benefits from excellent accessibility to major transportation corridors, including the I-10, I-215, and I-15 freeways. The immediate trade area continues to demonstrate strong demand for light industrial and automotive-related uses, supported by a robust labor pool and a population of more than 319,000 residents within five miles.

FOR SALE DETAILS

PRICE

$1,695,888 USD

PRICE/SF

$218 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Seller Financing 3% | Owner/User Industrial

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

undefined, Warehouse, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

C2

APN/PARCEL ID

0162-093-20

ASK ABOUT THIS PROPERTY

Kevin LeNNN Retail GroupMore Info
626-631-4824

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Kevin LeNNN Retail GroupMore Info
626-631-4824

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