Property profile

2666 Hamner Ave Norco, CA 92860

OFF-MARKET
Investment properties
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Property summary

AI-generated overview

This exceptional opportunity presents the chance to acquire a thriving dry cleaning and alterations business situated within a well-maintained and busy Norco shopping center. The business boasts a strong reputation, minimal competition, and a loyal clientele built over time, ensuring a consistent stream of income. Financial records demonstrate a history of profitability and significant income potential. All existing equipment is included in the sale, minimizing upfront investment and allowing for immediate operation. The current lease offers favorable terms, including a five-year renewal option, providing long-term stability and security. This turnkey operation is ideal for an experienced entrepreneur seeking a profitable venture with established infrastructure and a proven track record. The business's prime location within a high-traffic shopping center guarantees excellent visibility and accessibility for customers. This is a rare opportunity to own a well-established business with a strong foundation for continued growth and success. The seller requests that direct contact be avoided

Property profile

Verified
Property type Investment properties

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Wedding Service Photography Service

Location

2666 Hamner Ave Norco, CA 92860
Norco metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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