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$2,660,000
Est. payment /mo
1.53 Acres Lot
UPDATED:
12/10/2024 06:47 PM
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV24216110
HOA Y/N No
Year Built 1984
Lot Size 1.528 Acres
Property Description
HIGHLIGHTS:
» Net Operating Income $113,832
» Current Cap Rate 4.28%
» First time to hit market in 40 years
» Huge lot with an abundance of parking
» Located conveniently minutes away from Victoria Gardens
» Portfolio sale
» Can be sold individually
Here is your exceptional class B restaurant building built in 1984 situated on a 1.54 Acre lot with 105 parking spaces. Located only minutes away from lively Victoria Gardens that offers a diverse array of shops, restaurants, and entertainment venues. Strategically positioned with convenient access to major thoroughfares, including the I-10, I-15, and 210 freeways. Foothill Blvd provides excellent visibility and accessibility for both commuters and businesses.
TRIPPLE NET INVESTMENT
Explore a premier investment opportunity at 10123 Foothill Blvd. Rancho Cucamonga, featuring a high-potential property in a vibrant commercial area. This prime location presents an exceptional chance for investors seeking stable, long-term returns in the robust commercial real estate market. The property is currently leased to a reliable long-term tenant under a triple net lease structure, guaranteeing a low-maintenance investment and a consistent income stream for the foreseeable future.
» Net Operating Income $113,832
» Current Cap Rate 4.28%
» First time to hit market in 40 years
» Huge lot with an abundance of parking
» Located conveniently minutes away from Victoria Gardens
» Portfolio sale
» Can be sold individually
Here is your exceptional class B restaurant building built in 1984 situated on a 1.54 Acre lot with 105 parking spaces. Located only minutes away from lively Victoria Gardens that offers a diverse array of shops, restaurants, and entertainment venues. Strategically positioned with convenient access to major thoroughfares, including the I-10, I-15, and 210 freeways. Foothill Blvd provides excellent visibility and accessibility for both commuters and businesses.
TRIPPLE NET INVESTMENT
Explore a premier investment opportunity at 10123 Foothill Blvd. Rancho Cucamonga, featuring a high-potential property in a vibrant commercial area. This prime location presents an exceptional chance for investors seeking stable, long-term returns in the robust commercial real estate market. The property is currently leased to a reliable long-term tenant under a triple net lease structure, guaranteeing a low-maintenance investment and a consistent income stream for the foreseeable future.
Location
State CA
County San Bernardino
Area 688 - Rancho Cucamonga
Interior
Fireplace No
Laundry None
Exterior
Present Use Commercial
Building
Lot Description 0-1 Unit/Acre
Story 1
Others
Tax ID 0208331270000
Special Listing Condition Standard
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Listed by Byron Castro • TOP PRODUCERS REALTY PARTNERS • 951-313-7155
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960