1500-1590 Valley Blvd Colton, CA 92324
- Retail properties
- 13,450 SF
Current Use by Public Records
- Retail properties
Property Details for 1500-1590 Valley Blvd
- Year built
- 2020
- Property size
- 13,450 SF
- Property type
- Retail properties
Description
This exceptional retail investment opportunity, Colton Gateway Center, presents three strategically located, free-standing buildings totaling 13,450 square feet on three separate 1-acre parcels. The property boasts a diverse tenant roster including Starbucks, Popeye's, Habit Burger, and Firehouse Subs, all operating under NNN leases with 10% rent increases every five years. Built in 2020, the buildings feature institutional-quality construction with prominent stone facades and dedicated drive-through lanes. The property benefits from a high-visibility location at the intersection of I-10 Freeway and Pepper Avenue, experiencing over 197,000 vehicles daily on the freeway and 200,356 daily on N. Pepper Ave. A 50-foot pylon sign on the I-10 further enhances visibility. The exceptional location directly across from Arrowhead Regional Medical Center, a Level I Trauma Center with over 7,000 daily visitors and 3,300 employees, ensures a consistent flow of customers. The property's location within Colton, CA, a rapidly growing area with significant ongoing development, including a new California State University, further strengthens its long-term investment potential. The asking price is $15,000,000, representing a 4.62% cap rate and a net operating income (NOI) of $692,668. Each building has its own parcel number, offering flexibility for future spin-off strategies. The property serves a substantial population base, with 125,052 residents within a 3-mile radius.
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
- Colton
- County
- San Bernardino
- State
- California
- Longitude
- -117.351
- Latitude
- 34.0697
