Fantastic Triple Net Core Investment Opportunity. London Square is Fully Leased to Both Long Term Tenants, as well as New Tenants Who Have Just Joined the Center. The Property Has Undergone a Complete Transformation Since Being Acquired in 2021. The Aesthetics and Curb Appeal of The Center Have Been Upgraded, A New Roof Was Installed in 2024 for Both Buildings, and the Parking Lots Received a New Slurry Coat in 2022. All Tenants at the Center Contribute to the Heavy Foot-Traffic That It Receives. Notably, the Pizza House is a Well-Known City Favorite Who Have Been at the Center Since 2013. Furthermore, Extraordinaire Arcade Have Vastly Grown as One of the Main Go-To Retro Arcade Spots in the Entire Inland Empire. The Center's Longer-Term Tenants Have Renewed Their Leases with the Landlord Multiple Times, Showing Stability and Comfortability with the Center. The Property Also Provides Abundant Parking for All Tenants and Their Customers/Clientele, Monument Signage for All Tenants, and a Fire Alarm Monitoring System Throughout All Units.
Mls | CV24228708 |
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Listing Type | For Sale |
Style | Retail |
Buildingname | London Square |
Subtype | Resale |
Status | Active |
Year | 1975 |
Days On Site | 31 |
Listing Provided By | Home Free Realty 909-392-1350 | Hayden Caballero |
Sq Feet | 14,295 |
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Storys | 1 |
Buildings | 2 |
Zoning | CG-1 |
Acreage | 1.06 |
State | CA |
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County | San Bernardino |
City | San Bernardino |
Zip Code | 92405 |
Area | 274 San Bernardino |
Listing VS Median (in 92405) | |
Price: $2,390,000 low | high Med: $492,495 SqFt: 14,295 low | high Med: 1,618 $ / SqFt: $167 low | high Med: $305 On Site: 31 low | high Med: 88.500000 |