2580 Archibald AveOntario, CA 91761

Property Details for 2580 Archibald Ave

Year built

2008

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

5.49 AC

Property size (Sq ft)

59,364 SF

Property type

Retail properties

Property subtype

Other individual retail properties

APN

1083-011-12-0000

APU

1083011120000

Description

This 2,704-square-foot retail space is located at 2580 S. Archibald Avenue in Ontario, California, within San Bernardino County's Inland submarket. Currently vacant, this single-tenant property is situated in an existing 24 Hour Fitness gym, presenting a unique opportunity for businesses in the health and wellness sector. Ideal uses include, but are not limited to: martial arts, Brazilian Jiu Jitsu, kickboxing, boxing, self-defense, physical therapy, sports rehabilitation therapy, chiropractic services, therapeutic massage, grappling, drip therapy, weight loss advisory services and related programs, health diagnostic screening and testing, and sales of sport, health, and wellness products and accessories, including workout apparel. Prospective tenants should note that food and beverage preparation on-site is prohibited, as are pole dancing classes and uses requiring significant construction or utility upgrades. The rental rate includes common area maintenance, property taxes, and utilities (excluding phone, cable, and internet). The property's zip code is 91761. This exceptional location offers high visibility and access to a built-in customer base within the established fitness center. This is a fantastic opportunity for a business looking to establish a presence in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $21,734,608

  6.5%

  $20,062,714

  7%

  $18,629,664

• Comparable approach

  Method

  Valuation

  Relative Method

  $25,364,312

  Geo Method

  $47,902,900

• Alternative Use

  Use

  Valuation

  Residential

  $16,923,650

  Hospitality

  $15,501,973

  Educational

  $12,897,459

  Medical

  $13,341,023

  Retail

  $20,062,714

Location Insight

City

Ontario

County

San Bernardino

State

California

Latitude

34.0272

Longitude

-117.595

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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