Property summary
This exceptional 32,568 square foot shopping center in Montclair, CA, presents a compelling investment opportunity. Boasting a 100% occupancy rate with established tenants Petco and Harbor Freight Tools since February 1992, this NNN-leased property generates a strong NOI of $370,402, yielding a 6.50% cap rate. Situated on a 2.42-acre lot with 120 parking spaces, the property benefits from its prime location near a major regional mall, Interstate 10, and a high-density residential area with an average household income of $113,904. The property includes rent bumps and is located in a rapidly growing area with significant daytime demand and new residential development. The property features a fee simple ownership structure and is situated in a high-traffic area with 52,213 cars per day at a signalized intersection. This stabilized investment offers a secure and profitable return. Built in 1992, the property is adjacent to a top-performing retail center anchored by Target, Gold's Gym, and Best Buy. The proximity to Claremont Colleges and its location within the rapidly growing Inland Empire further enhance its long-term value.
Property profile
VerifiedCap rate & NOI
Current use
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Locksmith
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Veterinary Clinic
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Animal Training
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(Bike/Boat/Book/etc) Store Pet Store & Service
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Veterinary Clinic
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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