$11,100,000
$13,000,000
14.6%For more information regarding the value of a property, please contact us for a free consultation.
3.44 Acres Lot
SOLD DATE : 03/04/2022
Key Details
Sold Price $11,100,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS21117095
Sold Date 03/04/22
HOA Y/N No
Year Built 1999
Lot Size 3.440 Acres
Property Sub-Type Mixed Use
Property Description
This is a great opportunity for investors, 5% Cap rate! 100% tenant Occupied with 4% of annual rent increase. It has 30,336 rental sqft on 3.4 acres. There are four brilliant buildings in this valuable plaza and it faces the Ontario Mills shopping mall, which is one of the most busy shopping malls in southern california with an estimated 60 million visits annually traffic counts. Very close to freeways I-10 and I-15, it has immediate access to these two freeways. Ontario Airport is at its arms length while Long Beach is 50 miles to the South. a heavy traffic and high visibility street nearby, large growth potential.
Location
State CA
County San Bernardino
Area 686 - Ontario
Interior
Fireplace No
Laundry None
Exterior
Utilities Available Water Not Available
Building
Lot Description 0-1 Unit/Acre
Story 1
Water None
Others
Tax ID 0238014100000
Acceptable Financing Cash, Cash to Existing Loan, Conventional, 1031 Exchange, Fannie Mae
Listing Terms Cash, Cash to Existing Loan, Conventional, 1031 Exchange, Fannie Mae
Financing Conventional
Special Listing Condition Standard
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