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$2,390,000
Est. payment /mo
14,295 SqFt
UPDATED:
11/12/2024 02:12 AM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 14,295 sqft
Price per Sqft $167
MLS Listing ID CRCV24228708
HOA Y/N No
Year Built 1975
Lot Size 1.060 Acres
Acres 1.06
Property Description
Fantastic Triple Net Core Investment Opportunity. London Square is Fully Leased to Both Long Term Tenants, as well as New Tenants Who Have Just Joined the Center. The Property Has Undergone a Complete Transformation Since Being Acquired in 2021. The Aesthetics and Curb Appeal of The Center Have Been Upgraded, A New Roof Was Installed in 2024 for Both Buildings, and the Parking Lots Received a New Slurry Coat in 2022. All Tenants at the Center Contribute to the Heavy Foot-Traffic That It Receives. Notably, the Pizza House is a Well-Known City Favorite Who Have Been at the Center Since 2013. Furthermore, Extraordinaire Arcade Have Vastly Grown as One of the Main Go-To Retro Arcade Spots in the Entire Inland Empire. The Center's Longer-Term Tenants Have Renewed Their Leases with the Landlord Multiple Times, Showing Stability and Comfortability with the Center. The Property Also Provides Abundant Parking for All Tenants and Their Customers/Clientele, Monument Signage for All Tenants, and a Fire Alarm Monitoring System Throughout All Units.
Location
State CA
County San Bernardino
Area Listing
Zoning CG-1
Interior
Heating Other
Cooling Central Air
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Cable Available
Building
New Construction No
Others
Tax ID 0150231700000
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Listed by Hayden Caballero • Home Free Realty