For Sale
$2,650,000

301 Bonita Ave San Dimas, CA 91773

High-traffic corner, strong NOI, 1031 exchange.

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional mixed-use property at 301 W. Bonita Ave, San Dimas, CA 91773, presents a compelling investment opportunity. The 7,476 square foot building sits on a sizable 25,264 square foot corner lot, offering excellent visibility and accessibility. Currently boasting a 4.23% cap rate and a net operating income (NOI) of $112,227, this multi-tenant property is anchored by a Circle K convenience store, ensuring consistent revenue. Three additional tenants occupy the space, each with multiple years remaining on their leases, providing stability and predictable cash flow. The property's prime location in San Dimas, within walking distance of City Hall, the US Post Office, and the San Dimas Sheriff's Station, ensures high foot traffic and strong tenant demand. Surrounded by residential areas including homes, apartments, and condos, this location benefits from a robust customer base. The asking price is $2,650,000, translating to $354.47 per square foot. This offering is particularly attractive to 1031 exchange buyers, with seller cooperation provided at no cost to the purchaser. The property's high visibility, strong tenant occupancy, and strategic location make it an ideal investment for those seeking a stable and profitable asset in a thriving community.

Highlights

  • High-visibility corner lot.
  • Excellent natural light throughout.
  • Modern, efficient floor plan.
  • Recently renovated interior.
  • Abundant on-site parking.
  • Strategic location with high foot traffic.

Property Details for 301 Bonita Ave

Property type
Retail properties, Office properties
Square Feet
7,476 SF

Location Insight

City
San Dimas
County
Los Angeles
State
California
Latitude
34.106752764741
Longitude
-117.80274491648

FAQs

What type of property is this?
Retail property - High-traffic corner, strong NOI, 1031 exchange.
Where is the retail property located?
The property is located at 301 Bonita Ave San Dimas, CA.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: High-visibility corner lot.; Excellent natural light throughout.; Modern, efficient floor plan.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
301 Bonita Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message