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$ 4,575,000
Est. payment | /mo
0.87 Acres Lot
$ 4,575,000
Est. payment | /mo
0.87 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID NP24224437
HOA Y/N No
Year Built 2023
Lot Size 0.873 Acres
Lot Dimensions Assessor
Property Description
Introducing **TERRACE PLAZA at 22200 in the vibrant CITY OF GRAND TERRACE! This commercial property boasts a prime location zoned for general commercial use across from a bustling Stater Bros center with popular tenants like McDonald’s, Miguel's, and Auto Zone. Featuring a lineup of successful tenants including Piara Pizza, Rapha Tea, Baskin Robbins, Wing Stop, and Starbucks, this property offers a robust investment opportunity with triple net contracts. With a total building area of 5200 SF, the plaza maintains 100% occupancy and generates a substantial NOI of $226,840 in the first year. In the heart of Grand Terrace, a city known for its high-quality living, top-rated schools, and a safe community environment, this property is strategically positioned to capitalize on the ongoing enhancements in the area, including the $92.3 million Barton Road, I-215 interchange project. Don't miss out on this lucrative investment opportunity .
This can be purchased separately or together with 22220 Barton Rd (Starbucks drive thru) .
This can be purchased separately or together with 22220 Barton Rd (Starbucks drive thru) .
Location
State CA
County San Bernardino
Area 266 - Grand Terrace
Zoning GC
Interior
Fireplace No
Laundry None
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
Present Use Commercial
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 0275242270000
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, Submit
Listing Terms Cash, Cash to New Loan, 1031 Exchange, Submit
Special Listing Condition Standard
Listed by Matthew Arfa • AMS Holdings, Inc. • 714-726-9909