1133 Casamalia Ave Rialto, CA 92377
- Retail properties
- 7,000 SF
- 0.63 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1133 Casamalia Ave
- Year built
- 2021
- Lot size
- 0.63 lot acres
- Property size
- 7,000 SF
- Property type
- Retail properties
Description
This exceptional 7,000 square foot retail property, located at 1133 Casamalia Ave in Rialto, CA 92377, presents a compelling investment opportunity. Built in 2021, this multi-tenant building boasts 100% occupancy and a strong net operating income (NOI) of $227,550, yielding a 5.40% capitalization rate. The asking price is $4,200,000. Situated on a 0.63-acre lot, the property benefits from prime freeway (210) frontage, placing it within a dynamic retail trade area. Its strategic location is enhanced by its proximity to established businesses such as McDonald's and a Union 76 service station, and its position across the freeway from a major 1430,000 square foot retail development (Renaissance Marketplace). The property's triple net (NNN) leases minimize landlord responsibilities and offer passive income potential. The strong demographics, coupled with thousands of nearby housing units currently under development or in planning stages, ensure a growing customer base. Furthermore, the possibility of a freeway pylon sign location (locations available for purchase) provides additional marketing opportunities. This multi-tenant investment structure allows for diversification and the potential to capitalize on future rent increases, making it an attractive option for investors seeking a low-risk, high-return opportunity in a thriving market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rialto
- County
- San Bernardino
- State
- California
- Longitude
- -117.394
- Latitude
- 34.1371
