For Sale
$7,700,000

22220 Barton Rd Grand TerGrand Terrace, CA 92313

High-yield, multi-tenant retail center

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Class A retail property, located at 22200 & 22220 Barton Rd, Grand Terrace, CA 92313, presents a compelling investment opportunity. The 6,200 square foot center sits on a 60,000-70,000 square foot lot and features two single-story buildings constructed in 2023. Currently boasting 100% occupancy with a diverse mix of five tenants including Starbucks, Wingstop, Baskin-Robbins, Piara Pizza, and Rapha Tea, this property offers immediate cash flow. The tenants are a combination of credit-rated franchisees and corporate-guaranteed businesses, ensuring financial stability. The property is leased under a NNN (Triple Net) lease structure with a remaining term of nine years on a ten-year lease. The current NOI is $366,140, yielding a 4.76% cap rate, with a pro-forma NOI of $375,840 and a pro-forma cap rate of 4.88%. The property is zoned GC (General Commercial) and benefits from its strategic location across from a Stater Bros center, anchored by McDonald's, Miguel's, and Auto Zone. The ongoing Barton Road interchange project further enhances the area's accessibility and appeal. The two parcels are available for purchase together or separately. This investment offers a strong return on investment with significant upside potential due to the property's prime location and the ongoing growth of Grand Terrace.

Highlights

  • Class A retail property at 22200 & 22220 Barton Rd, Grand Terrace, CA 92313.
  • 6,200 SF center on a ±60,000-70,000 SF lot, built in 2023, with two single-story buildings.
  • 100% occupied by five tenants (Starbucks, Wingstop, Baskin-Robbins, Piara Pizza, Rapha Tea), offering immediate cash flow.
  • NNN lease structure with nine years remaining on a ten-year lease; strong credit tenants.
  • Current NOI $366,140 (4.76% cap rate); pro-forma NOI $375,840 (4.88% cap rate).
  • GC zoning; located across from a Stater Bros.-anchored center (McDonald's, Miguel's, Auto Zone).

Property Details for 22220 Barton Rd Grand Ter

Property type
Retail properties, Restaurants
Square Feet
6,200 SF
Class
A
Year Built
2023
Buildings
2
Stories
1
Units
5

Location Insight

City
Grand Terrace
County
San Bernardino
State
California
Latitude
34.033827845063
Longitude
-117.31975735105
22220 Barton Rd Grand Ter, Grand Terrace, California

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22220 Barton Rd Grand Ter
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