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$1999000 For Sale Retail/office/warehouse 7% cap rate. $1,999,000

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apartment

Patrick Arballo - show contact info

License# 00963124


Retail Property For Sale

Rialto Business Center

Rialto, CA 92376

Price: $1,999,000
Building Size: 19,170 SF
Price/SF: $104.28
Property Type: Retail
Property Sub-type: Street Retail
Property Use Type: Investment
Cap Rate: 7%
Occupancy: 100%
No. Stories: 1
Tenancy: Multiple
Year Built: 1952
Lot Size: 52,700 SF
APN / Parcel ID: 0130-291-12, 0130-291-45, 0130-291-23
SF
Last Verified: 9/14/2017
Listing ID: 20462275


Description

The Rialto Business Center is a retail/professional building located in downtown Rialto, California. This property has upside potential as current rents are below market rate. A 13,000 square foot basement adds additional rental opportunity. This property offers (3) parcels for sale approx 1.25 acres. One of the parcels is vacant and may offer additional income or development. The front of the property is storefront retail on the main street in downtown Rialto. The middle and back are executive suites leased out to small business with warehouse in the back and in basement.

Located in downtown Rialto with small town charm and large distribution centers including Target, Under Armour,Toys"R" Us and Staples. Rialto offers its own Police and Fire departments. An airport and Racquet and Fitness Center, Performing Arts Theater and Community and Senior Center.


Patrick Arballo - show contact info

License# 00963124


The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.

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post id: 7038098272

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