Introducing **TERRACE PLAZA at 22200 in the vibrant CITY OF GRAND TERRACE! This commercial property boasts a prime location zoned for general commercial use across from a bustling Stater Bros center with popular tenants like McDonald’s, Miguel's, and Auto Zone. Featuring a lineup of successful tenants including Piara Pizza, Rapha Tea, Baskin Robbins, Wing Stop, and Starbucks, this property offers a robust investment opportunity with triple net contracts. With a total building area of 5200 SF, the plaza maintains 100% occupancy and generates a substantial NOI of $226,840 in the first year. In the heart of Grand Terrace, a city known for its high-quality living, top-rated schools, and a safe community environment, this property is strategically positioned to capitalize on the ongoing enhancements in the area, including the $92.3 million Barton Road, I-215 interchange project. Don't miss out on this lucrative investment opportunity . This can be purchased separately or together with 22220 Barton Rd (Starbucks drive thru) .
Mls | NP24224437 |
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Listing Type | For Sale |
Style | Retail |
Buildingname | Terrace Plaza |
Subtype | Resale |
Status | Active |
Year | 2023 |
Days On Site | 36 |
Listing Provided By | AMS Holdings, Inc. 949-679-7733 | Matthew Arfa |
Sq Feet | 5,200 |
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Storys | 1 |
Units | 4 |
Buildings | 1 |
Zoning | GC |
Acreage | 0.87 |
State | CA |
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County | San Bernardino |
City | Grand Terrace |
Zip Code | 92313 |
Area | 266 Grand Terrace |
Listing VS Median (in 92313) | |
Price: $4,575,000 low | high Med: $520,000 SqFt: 5,200 low | high Med: 1,276 $ / SqFt: $880 low | high Med: $500 On Site: 36 low | high Med: 45.500000 |