For Sale
$4,575,000

22200 Barton RdGrand Terrace, CA 92313

High-yield, multi-tenant investment.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Grand Terrace, CA retail property offers a compelling investment opportunity. Located at 22200 Barton Rd, 92313, this 5,200 square foot, single-story Class A building sits on a 40,000-50,000 square foot lot and boasts 100% occupancy with four national tenants including Wingstop and Baskin-Robbins. The property features a triple net (NNN) lease structure with a franchisee tenant credit, providing a stable income stream. The current lease term is 10 years with 9 years remaining. The property's strong performance is reflected in its current NOI of $217,140 and a pro-forma NOI of $226,840, yielding a 4.75% cap rate and a pro-forma cap rate of 5.00%. Built in 2023, the property benefits from rent bumps and is zoned for general commercial use (GC). Its prime location across from a Stater Bros center, near McDonald's, Miguel's, and Auto Zone, ensures high visibility and traffic. The property is strategically positioned to benefit from the ongoing $92.3 million Barton Road, I-215 interchange project. The asking price is $4,575,000 ($879.81 per square foot). This property is available for purchase separately or together with an adjacent Starbucks property (22220 Barton Rd). Lease options are available.

Highlights

  • Prime Grand Terrace location, zoned general commercial, across from a Stater Bros. center with strong national tenants.
  • 100% occupied, 5,200 SF building with successful tenants including Piara Pizza, Rapha Tea, Baskin Robbins, Wingstop, and Starbucks.
  • Strong cash flow with a first-year NOI of $226,840 and triple-net leases.
  • $4,575,000 offering price; may be purchased separately or with adjacent 22220 Barton Rd (Starbucks).
  • Located in a high-growth area benefiting from the $92.3 million Barton Road/I-215 interchange project.

Property Details for 22200 Barton Rd

Property type
Retail properties, Restaurants
Square Feet
5,200 SF
Class
A
Year Built
2023
Buildings
1
Stories
1
Units
4

Location Insight

City
Grand Terrace
County
San Bernardino
State
California
Latitude
34.033826437945
Longitude
-117.31998046832
22200 Barton Rd, Grand Terrace, California

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
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 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 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].
22200 Barton Rd
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