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2548 S Archibald AVE Ontario, CA 91761
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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 Sub-Type Retail
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
Interior
Laundry None
Building
Lot Description Corner Lot
Water Public
Others
Special Listing Condition Standard
Lease Land No
Confidential INFO
BAC 2.0
LIST AGRMT Exclusive Right To Sell
SHOW CONTACT TYPE See Remarks
SHOW INSTRUCTIONS DO NOT DISTURB TENANT!!! Please text or call listing agents for detail 626-310-2708 Allan or 626-560-5470 Eddy
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Bought with First American Team Realty Inc