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132 E Valley Boulevard, Rialto, CA 92376

Commercial property

132 E Valley Boulevard, Rialto, CA 92376 Sold February 2023 CRMLS
$2,250,000Sold February 2023

Listing Agent: DANIEL VALENZUELA (DRE #01871441) · Listing Office: M G R REAL ESTATE · Contact: 909-981-4466 · Bought with: John Morrissey · MGR REAL ESTATE, INC. · MLS #IV22142388 · Source: CRMLS

10,380
Building Sq Ft
8
Units
6.04%
Cap Rate
$135,977
NOI
44,353 sqft
Lot Size
1967
Year Built
C
Zoning
Commercial property
Type

About this commercial property

This 44,353 SF Lot with 10,380 SF Structures is located conveniently off the I-10 and two of the major streets in the area: Valley Blvd and Riverside Ave. Located in the busy retail division of the city this property is neighbored by many nationally brand businesses such as: Walmart, McDonalds, Verizon, American Tire Depot, El Pollo Loco, Subway, Coco's, Burger King, Starbucks, Panda Express, Cruz Fitness, Walmart, UPS Store and Days Inn. Newly renovated improvements include repaved/restriped asphalt throughout the lot, new block wall to secure the lot, including a rolling wrought iron gate to secure back units, lights, plumbing, doors and cooling system. All warehouses are masonry built and have 12' ceilings and new man doors. Ample parking and ADA accessible spaces as well. This Multi-Tenant Retail- Flex Space is currently fully occupied with (9) Tenants, grossing a monthly income of $14,993. In depth financial overviews can be provided upon request. The property also has approximately 7,500 SF of concrete paved yard space; currently rented by a tenant.

Listing description from the February 2023 sale, as reported to CRMLS.

Sale history

$2,250,000
Sold February 2023 · orig. $2,595,000, on market June 2022 · MLS #IV22142388 · Source: CRMLS
Listing Agent: DANIEL VALENZUELA · Listing Office: M G R REAL ESTATE · Contact: 909-981-4466 · Bought with: John Morrissey · MGR REAL ESTATE, INC.
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