For Sale
$1,200,000

632 Valley BlvdColton, CA 92324

Prime Retail Center, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 4,716 square foot shopping center in Colton, California, presents a lucrative investment opportunity. Located at 632 W Valley Blvd, 92324, this multi-tenant property boasts six individual retail units, each equipped with its own restroom and rooftop air conditioning. The center enjoys a highly desirable location directly across from Colton High School, ensuring consistent foot traffic and visibility. Its proximity to the 10 freeway exit (approximately half a mile) provides easy access for customers and employees. The property is offered at an asking price of $1,200,000, representing a compelling 6.75% capitalization rate based on a Net Operating Income (NOI) of $81,000. The net rentable area totals 4,500 square feet, with a price per square foot of $254.45. The property operates under a Triple Net (NNN) lease structure. This well-maintained shopping center offers a strong, stable income stream and significant potential for future growth, making it an ideal addition to any investment portfolio. The property's strategic location and desirable features make it a truly exceptional investment opportunity in the thriving Colton market. Financial information provided is based on pro-forma data.

Property Details for 632 Valley Blvd

Property type
Lifestyle centers, Power centers
Square Feet
4,716 SF

Location Insight

City
Colton
County
San Bernardino
State
California
Latitude
34.0678735
Longitude
-117.3327957
632 Valley Blvd, Colton, California

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632 Valley Blvd
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