1133 W Casmalia St
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1133 W Casmalia St
7,000 SF 100% Leased Retail Building Rialto, CA 92377 £3,296,962 (£471/SF) 5.42% Net Initial Yield
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
£3,296,962
Price Per SF
£471
Net Initial Yield
5.42%
NOI
£178,625
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.26
Land Acres
0.63 AC
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 1133-521-09 | Improvements Assessment | £1,237,063 |
Land Assessment | £1,427,471 | Total Assessment | £2,664,533 |
PROPERTY TAXES
Parcel Number
1133-521-09
Land Assessment
£1,427,471
Improvements Assessment
£1,237,063
Total Assessment
£2,664,533
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1133 W Casmalia St
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