Colton Gateway Center Retail FOR SALE


Colton, CA
$14,345,558 USD
714-267-8582
, Colton, CA for Sale
$14,345,558 USD
Retail - FOR SALE
1/3
null | 4.75% Cap Rate

Colton Gateway Center
Colton, CA


OVERVIEW

Marcus & Millichap is pleased to present Colton Gateway Center, a 13,450 square foot retail property consisting of two single tenants and an inline 4 tenant strip. All buildings are sitting on 1-acre parcels with dedicated drive through lanes. The tenant roster consists of Starbucks, Popeye’s, Habit Burger, Firehouse Subs, Roll ‘em Up Taquito’s and Marco’s Pizza. The real estate is well positioned between the I- 10 Freeway and Arrowhead Regional Medical Center. The property sits at the Pepper Avenue off-ramp and the I- 10 freeway, where traffic exceeds 197,000 cars per day. The property has a 50 foot freeway sign giving it excellent freeway exposure. The property is located directly across from Arrowhead Regional Medical Center, which is an Accredited Level I Trauma Center with a 456-bed acute care facility located on a 70-acre campus. ARMC has the second busiest Emergency Department in the State of California and experiences over 7,000 visitors a day. It employs over 3,300 people and provides emergency care for approximately 130,460 County residents, 113,769 admissions, and approximately 254,000 outpatient visits annually. The property was constructed in 2020 and is of institutional quality construction with tall stone facade storefronts. All the buildings are sitting on 1-acre parcels, with individual parcel numbers, allowing for a spin-off strategy in the in the future. The city of Colton has been experiencing tremendous growth, as evidenced in the number of ongoing and completed development projects, including the opening of California State University of Science and Medicine, a 3-story Vascular and Endoscopy Outpatient Center, a I-10 and Pepper Ave Freeway Interchange, and numerous retail, residential and office projects in the immediate trade area.

ASK ABOUT THIS PROPERTY

Paul BitontiMarcus & MillichapMore Info
714-267-8582

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

Paul BitontiMarcus & MillichapMore Info
714-267-8582

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