1103-1133 W Casmalia St
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1103-1133 W Casmalia St
7,000 SF 100% Leased Retail Building Rialto, CA 92377 $4,200,000 ($600/SF) 5.42% Cap Rate
Investment Highlights
- True Triple Net (NNN)
- 100% Occupancy
Executive Summary
Offering consists of a true triple net 100% occupied with four tenants 7,000 square foot building on 0.63 acres built in 2021 net operating income of $227,550. Located in a dynamic retail trade area. Sits adjacent to McDonald's as well as union 76 service station. Located across freeway from major renaissance marketplace retail development. Features good demographics, multi-tenant investment allowing for investor to lower risk and capitalize on future rent increases. This is a passive investor friendly investment.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
7,000 SF
Building Class
C
Year Built
2021
Price
$4,200,000
Price Per SF
$600
Cap Rate
5.42%
NOI
$227,550
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Land Acres
0.63 AC
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 1133-521-09 | Improvements Assessment | $1,575,894 |
| Land Assessment | $1,818,455 | Total Assessment | $3,394,349 |
PROPERTY TAXES
Parcel Number
1133-521-09
Land Assessment
$1,818,455
Improvements Assessment
$1,575,894
Total Assessment
$3,394,349
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1103-1133 W Casmalia St
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