$3,080,000
$3,080,000
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2548 S Archibald AVE Ontario, CA 91761
3,240 SqFt
Key Details
Sold Price $3,080,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 3,240 sqft
Price per Sqft $950
MLS Listing ID WS21156088
Sold Date 09/29/21
HOA Y/N No
Lot Size 0.900 Acres
Acres 0.9
Property Description
National credited tenant STARBUCKS retail building with 24 hours drive thru situated in the prime location off freeway 60 Archibald exit with good size lot and plenty of parkings on 2548 S Archibald Ave, Ontario is up for sale. Starbucks currently has 15 Years NNN lease (started May 30, 2013) plus 3 of 5-year options and 10% rent Increase every 5 Years, both prime term & options. The subject property is 3,240 SF with a lot size of 39,204 SF. The current annual rent is $110,000.00. Subject property is located in the prime intersection with 24 hours fitness, Bank of America, church, Mountain View Elementary School, and many national fast food stores. It is also within 3 miles distance to Ontario Airport, multiple industrial and office complex, and residential neighborhoods.
Location
State CA
County San Bernardino
Area 686 - Ontario
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Building
Lot Description Corner Lot
Water Public
Others
Tax ID 1083011150000
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Lanelle Lapel • First American Team Realty Inc