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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) .
Last Updated | 11/1/2024 | Year Built | 2023 |
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Community | Grand Terrace | County | San Bernardino |
Additional Details
AREA | Grand Terrace |
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LOT | 0.87 acre(s) |
LOT DESCRIPTION | 0-1 Unit/Acre |
LOT DIMENSIONS | 39562 |
STORIES | 1 |
UTILITIES | Electricity Connected,Natural Gas Connected,Sewer Connected |
WATER | Public |
ZONING | GC |
Location
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