22200 Barton Rd Grand Terrace, CA 92313
- Commercial real estate
- 5,200 SF
Current Use by Public Records
- Commercial real estate
Property Details for 22200 Barton Rd
- Year built
- 2023
- Property size
- 5,200 SF
- Property type
- Commercial real estate
- APN
- 0275-242-04
Description
This exceptional Grand Terrace, CA retail property offers a compelling investment opportunity. Located at 22200 Barton Rd, 92313, this 5,200 square foot, single-story Class A building sits on a 40,000-50,000 square foot lot and boasts 100% occupancy with four national tenants including Wingstop and Baskin-Robbins. The property features a triple net (NNN) lease structure with a franchisee tenant credit, providing a stable income stream. The current lease term is 10 years with 9 years remaining. The property's strong performance is reflected in its current NOI of $217,140 and a pro-forma NOI of $226,840, yielding a 4.75% cap rate and a pro-forma cap rate of 5.00%. Built in 2023, the property benefits from rent bumps and is zoned for general commercial use (GC). Its prime location across from a Stater Bros center, near McDonald's, Miguel's, and Auto Zone, ensures high visibility and traffic. The property is strategically positioned to benefit from the ongoing $92.3 million Barton Road, I-215 interchange project. The asking price is $4,575,000 ($879.81 per square foot). This property is available for purchase separately or together with an adjacent Starbucks property (22220 Barton Rd). Lease options are available.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grand Terrace
- County
- San Bernardino
- State
- California
- Longitude
- -117.31998046832
- Latitude
- 34.033826437945
