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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

Cracker Barrel Old Country Store
Starbucks
Texas Roadhouse
Dutch Bros
Olive Garden
Norms Restaurants
Grocery Outlet
Ono Hawaiian BBQ
California Fish Grill
The Habit Burger Grill

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1133-521-09
Land Assessment
$1,818,455
Improvements Assessment
$1,575,894
Total Assessment
$3,394,349
  • Listing ID: 33492288

  • Date on Market: 10/11/2024

  • Last Updated:

  • Address: 1133 W Casmalia St, Rialto, CA 92377

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