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20593546
20559716

22220 - 22200 Barton Rd Grand Terrace, Grand Terrace, CA 92313

MA
02048672
AMS Real Estate Services
Listed by AMS Real Estate Services
$7,700,000
609 days on market
Updated 1 day ago

Terrace Plaza Starbucks/Wing Stop/Baskin Robbins

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 6,200
Net Rentable (SqFt) 6,200
Units 5
Cap Rate 4.76%
NOI $366,140
Occupancy 100%
Tenancy Multi
Brand/Tenant Starbucks
Lease Type NNN
Lease Term 10
Remaining Term 9
Lease Options yes
Pro-Forma Cap Rate 4.88%
Pro-Forma NOI $375,840
Class A
Year Built 2023
Buildings 2
Stories 1
Lot Size (SqFt) 60,000 - 70,000
Zoning GC
Tenant Credit Credit Rated, Franchisee (+1)
Occupancy Date 11/01/2024
Ground Lease No

Starbucks/Wing Stop/ buskin Robbins Retail | 4.76% CAP | 6,200 SF

Marketing description

Introducing TERRACE PLAZA, a prime commercial property located at 22200 & 22220 BARTON RD, CITY OF GRAND TERRACE. This property boasts a strategic location, zoned for General Commercial use, directly across from a bustling Stater Bros center with popular tenants like McDonald’s, Miguel's, and Auto Zone. Featuring a roster of successful businesses including Starbucks, Piara Pizza, Rapha Tea, Baskin Robbins, and Wing Stop, TERRACE PLAZA offers a solid investment opportunity with a high potential ROI. Occupancy stands at an impressive 100%, ensuring stable returns. On top of its lucrative current income and yearly increases , this property benefits from the ongoing city improvements in Grand Terrace, including the Barton Road interchange project, enhancing the area's appeal and accessibility. Don't miss out on owning a piece of this thriving commercial hub with a diverse tenant mix. Invest in TERRACE PLAZA today!

Investment highlights

The two sites 22220 Barton Rd (Starbucks) and 22200 Barton Rd (Wing Stop, Piara Pizza , Rapha Tea, Baskin Robbins ) can be purchased together or separately .

Listing Contacts

MA
02048672
AMS Real Estate Services
Listed by AMS Real Estate Services

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$366,140.00
$30,511.67/mo

Valuation Metrics

0
DSCR
4.76%
Cap Rate
4.76%
ROI

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