2501 Euclid AveOntario, CA 91762

  • Strip malls
  • 31,236 SF
For Lease
$23.88/SF/YR View listing

Property Details for 2501 Euclid Ave

Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.79 AC
Property size (Sq ft)
31,236 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
1051-281-80-0000
APU
1051281800000

Description

This exceptional retail opportunity is located at 2501-2529 S. Euclid Avenue in Ontario, CA 91762, within San Bernardino County. The property, a 3,947 square foot strip center, currently has 3,947 square feet of vacant space available, divisible into units ranging from 797 to 1,575 contiguous square feet. The center boasts excellent street visibility on Euclid Avenue, a major thoroughfare with over 40,000 vehicles passing daily. Its strategic location is enhanced by its proximity to the 60 freeway on-ramp, ensuring easy access for customers. Ample parking is available for patrons. The center is anchored by established businesses such as McDonald's and Del Taco, and is complemented by a diverse mix of co-tenants including H&R Block, N8's Billiards, Michel Angelo's Pizza, a dental office, State Farm Insurance, and a pet grooming business. The property sits on a large 121,550 square foot lot. This prime retail location offers significant potential for businesses seeking high visibility and convenient access in a thriving commercial area. The entire 3,947 square feet is currently vacant and ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,436,261
    6.5%
    $10,556,549
    7%
    $9,802,509
  • Comparable approach

    Method
    Valuation
    Relative Method
    $13,346,129
    Geo Method
    $25,163,854
  • Alternative Use

    Use
    Valuation
    Residential
    $8,904,844
    Hospitality
    $8,156,789
    Educational
    $6,786,352
    Medical
    $7,019,746
    Retail
    $10,556,549

Location Insight

City
Ontario
County
San Bernardino
State
California
Latitude
34.028
Longitude
-117.65
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$68,538
$1,660,405
$4,796,997
$6,457,402
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