$1,880,000
$2,038,000
7.8%For more information regarding the value of a property, please contact us for a free consultation.
0.98 Acres Lot
SOLD DATE : 08/08/2019
Key Details
Sold Price $1,880,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB19105888
Sold Date 08/08/19
HOA Y/N No
Year Built 2007
Lot Size 0.977 Acres
Property Description
Investment Highlights
• Standalone Building With Drive Through
• Corporate Guaranteed Ground Lease
• Out Parcel of Target Power Center – Joined by Staples, 99 Cents Only, Applebee’s, & US Bank
• 7 ½ Years Left on Initial Lease
• Four 5-Year Options With 10% Increases Every Five Years
Panda Express Highlights
• Largest Family-Owned Business in America
• $3.1 Billion in Sales (2017) – 10.7% Increase
• Golden Chain Award Winner
• 2,000+ Locations (2017)
Location
State CA
County San Bernardino
Area Appv - Apple Valley
Interior
Fireplace No
Laundry None
Building
Lot Description Lot Over 40000 Sqft, Paved
Story 1
Water Public
Others
Tax ID 0399271340000
Financing Cash
Special Listing Condition Standard
Read Less Info
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Bought with J.Woody Stahl • Lyon Stahl Investment Real Estate, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "