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31546026
32333912

829 West Valley Boulevard, Colton, CA 92324 For Sale

VH
CA CA 01926324
Marcus & Millichap - Los Angeles
Listed by Marcus & Millichap - Los Angeles
$2,016,000
75 days on market
Updated 55 days ago

Value-Add 2-Story Building @ Rancho Plaza

Details
APN 0162-272-29-0000
Property Type Retail
Sub Type Convenience Store, Restaurant (+1)
Square Footage 14,515
Net Rentable (SqFt) 14,515
Units 11
Cap Rate 6.5%
NOI $131,000
Occupancy 68%
Tenancy Multi
Rent Bumps Yes
Pro-Forma Cap Rate 9.18%
Pro-Forma NOI $185,000
Price per SqFt $139
Broker Co-Op Yes
Year Built 1987
Year Renovated 2022
Buildings 1
Stories 2
Acreage 0.500
Zoning General Commercial, R3 Mixed Use
Investment Type Value Add
Ground Lease No
Ownership Fee Simple

Retail | Immediate Value-Add Through Lease Up | 14,515 SqFt

Marketing description

A compelling value-add retail investment at a prime signalized hard-corner intersection of Rancho Avenue and Valley Boulevard, just moments from Interstate 10. This two-story, 14,515-square-foot neighborhood center sits on approximately 0.50 acres and offers outstanding street presence, prominent pylon signage, and exposure to roughly 31,000 vehicles per day.

Co-anchored by high-traffic neighboring brands including Dunkin’, Wienerschnitzel, and It’s Boba Time, Rancho Plaza benefits from strong consumer draw and excellent visibility within a dense infill trade area. The property is currently 68% occupied with 11 suites, creating a rare opportunity for investors to unlock upside through strategic lease-up and repositioning of the vacant second-floor spaces.

Originally built in 1987 and renovated in 2022, the center presents an attractive blend of in-place cash flow and future income growth. Offered at $2,450,000, the asset features a current NOI of $184,732 and a 7.54% cap rate, making it an appealing opportunity for investors seeking yield, frontage, and upside in the growing Inland Empire market.

Investment highlights

INVESTMENT HIGHLIGHTS

• Prime Signalized Hard-Corner Location at Rancho Avenue and Valley Boulevard with Immediate Access to CA I-10

• Co-Anchored By Dunkin’, Wienerschnitzel, and It’s Boba Time Driving Strong Consumer Traffic

• Outstanding Visibility with Approximately 31,000 Vehicles Per Day and Prominent Pylon Signage

• Compelling Value-Add Opportunity Through Strategic Lease-Up and Repositioning

Listing Contacts

VH
CA CA 01926324
Marcus & Millichap - Los Angeles
Listed by Marcus & Millichap - Los Angeles

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$131,000.00
$10,916.67/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

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Additional Information

Name
Vanessa Haddad
License
CA 01926324
Brokerage Phone
3109095446
Brokerage Address
1200 Avenue of the Stars
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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