22220 Barton RdGrand Terrace, CA 92313

Property Details for 22220 Barton Rd

Year built

2023

Construction

WOOD FRAME

Lot size

0.44 AC

Property size (Sq ft)

1,728 SF

Property type

Drive through restaurants

APN

0275-242-09-0000

APU

275242090000

Description

Exceptional investment opportunity: a 1,000 sq ft Starbucks located at 22220 Barton Rd, Grand Terrace, CA 92313. This Class A, single-tenant, net-lease property boasts a credit-rated corporate guarantee and a 9-year remaining lease term (commencing 01/01/2024) with rent bumps every 5 years. The property features a 4.00% cap rate and a strong NOI of $149,000. Situated on a 19,000-25,000 sq ft lot, this drive-thru location benefits from high visibility across from a Stater Bros center with tenants like McDonald's, Miguel's, and Auto Zone. Built in 2024, the property is zoned GC and offers a 100% occupancy rate. This investment is available for purchase individually or alongside a neighboring center with multinational tenants. The property's strong tenant, prime location, and favorable lease terms make it an attractive addition to any portfolio. The lease includes options and is not a ground lease. The APN is 0275-242-04-0000.

• CAP approach

  CAP return

  Valuation

  6%

  $608,898

  6.5%

  $562,060

  7%

  $521,913

• Comparable approach

  Method

  Valuation

  Relative Method

  $703,668

  Geo Method

  $1,532,674

• Alternative Use

  Use

  Valuation

  Residential

  $474,119

  Hospitality

  $434,290

  Educational

  $361,324

  Medical

  $373,751

  Retail

  $562,060

Location Insight

City

Grand Terrace

County

San Bernardino

State

California

Latitude

34.0343

Longitude

-117.32

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].