Business Summary
Beautifully Architectures Office Retail Plaza!
Two Level Multi Tenants Beautiful Retail Commercial Plaza With Land San Bernardino - $2,995,000!
Primary Features:
* Beautifully Architectures Office Retail Plaza For Sale!
* Two Floors Plaza With Lots Of Windows!
* Located In Downtown Area!
* San Bernardino County!
* Directly Adjacent To Freeway Exit!
* Multi-Tenant Retail Center!
* Existing Five Stable Tenants!
* Total Lease Income $18,000 Monthly!
* Current Net Operating Income At $122,800!
* Pro Forma NOI At $239,845!
* Pro Forma CAP Rate At 8.01%
* Total Lot Size Is 15,136 Square Feet!
* Building Size Is 11,442 Square Feet!
* National Large Insurance Agency As Anchored Tenant!
* Two Restaurants As Tenants!
* Highly Visible Corner Retail Location!
* Outstanding Building Style Visible From Freeway!
* Newly Construction & Up To Date Utilities!
* Massive Retail Development Plan Across The Street!
* Still Has One Space Available For Lease!
* Vacant Space Represents 32.37% Occupancy!
* Currently Has Five Tenants Representing 67.63% Occupancy!
Benefits:
* Beautiful Mutli-Tenants Retail Plaza For Sale!
* Located In Downtown Area San Bernardino County!
* Excellent Directly Off The Freeway Location!
* Corner Lot Highly Visible!
* Unique Architectures Plaza Visible From Freeway!
* Great Opportunity To Own Real Estate Great Lease!
* Only Has One Vacant Space Left!
* Five Stable Tenants Including National Large Insurance Agent!
* Restaurants and Hair Salon On Site!
* New Constructions Facility!
* There Is Huge Development Going On Across The Street!
* Expecting Huge Potential When Development Completed!
* Current CAP Rate Is 4.10%!
* Projected CAP Rate Is 8.01% Or More!
* Fantastic Opportunity Before This Price Goes Up In 2015!
Financials:
Total Lease Income: $18,000 Monthly
Net Operating Income: $122,800.87
Zoning: Retail
No. Of Floor: Two
BIZ Analysis/ Recommendations:
Great Opportunity To Own A Retail Property With Existing Business! Call Your Representative Today At 1-800-727-2100 Option 1 [Real Estate Department].
Total Tenants: Six [5 Existing]
Occupancy: 67.63%
CAP Rate: 4.10%
Property Details
Size:
Lot Size: 20,000 SF. Building Size: 11,442