Retail Strip Center with Rooftop
34838 Yucaipa Boulevard Yucaipa, CA 92399
For Sale
$1,750,000
Nine-thousand-square-foot strip center with six units, front and rear parking, and individual rooftop HVAC systems.
Property Size9,000 SF
Price / SF$194.44
Days on Market31
Property Features for 34838 Yucaipa Boulevard
General Information
- Standard status
- Active
- Size
- 9,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1949
Listing Agency:
(626) 675-9182
Listed By:
Andrew Worley · License #CalDRE #01822979
Source:
7s
Added: Jun 24
Changed: Jul 23
Last Checked: Jul 23 at 6:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Andrew Worley
Investment Insights
Based on property information with market context.
This retail strip center totals approximately 9,000 square feet and is arranged as six individual units. The property includes front and rear parking, and each unit is equipped with tenant-controlled rooftop HVAC systems. Common-area water service is included as part of the low-maintenance common area serving all units. The building features a newer TPO roof, canopied entrances visible from the street, newer exterior lighting, and individual unit signage.
The center offers frontage along Yucaipa Blvd between Old Town and City Hall. Access is provided by two points of ingress/egress, with 18 front parking spaces and 10 rear parking spaces.
The property is zoned for General Commercial use and is scheduled to be delivered 100% leased with staggered lease expirations.
The center offers frontage along Yucaipa Blvd between Old Town and City Hall. Access is provided by two points of ingress/egress, with 18 front parking spaces and 10 rear parking spaces.
The property is zoned for General Commercial use and is scheduled to be delivered 100% leased with staggered lease expirations.
Key Highlights
- 9,000 SF retail/strip center built in 1949 with six units along Yucaipa Blvd in Yucaipa, CA
- General Commercial zoning with varying unit floorplans and front and rear parking
- 18 front and 10 rear parking spaces plus 2 points of ingress/egress
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $194.4k | $21.60 |
| − Vacancy | −$10.1k | −$1.12 |
| EGI | $184.3k | $20.48 |
| − OpEx | −$55.3k | −$6.14 |
| NOI | $129.0k | $14.33 |
9,000 SF · lease $21.60/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.84M
$1.61M – $2.15M
NOI $129,004 @ 7.0% cap · market cap 7.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.90M
$1.66M – $2.21M
NOI $132,889 @ 7.0% cap · market cap 7.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
TAA Tax and Accounting
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Tax Preparation
FAQs
What type of property is this?
Strip mall - Nine-thousand-square-foot strip center with six units, front and rear parking, and individual rooftop HVAC systems.
Where is this strip mall located?
The property is located at 34838 Yucaipa Boulevard Yucaipa, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 9,000 SF retail/strip center built in 1949 with six units along Yucaipa Blvd in Yucaipa, CA; General Commercial zoning with varying unit floorplans and front and rear parking; 18 front and 10 rear parking spaces plus 2 points of ingress/egress
