3000 S Archibald Ave - Drug Store FOR SALE


Ontario, CA 91761
$5,580,000 USD
650-646-2222
3000 S Archibald Ave, Ontario, CA for Sale
$5,580,000 USD
Drug Store - FOR SALE
1/24
null | 10% Cap Rate

3000 S Archibald Ave
Ontario, CA 91761


HIGHLIGHTS

  • Free standing with Drive-Through
  • High traffic street corner
  • The central of Inland Empire

OVERVIEW

This is a rare opportunity to own this Freestanding 16,549 SF retail building at a prime location of Archibald and Riverside in the City of Ontario. Built-in 2000, the property is in a well-established community surrounded by numerous national chains such as Ralphs, Chase Bank, Starbucks, Walgreens, AutoZone, etc. It is conveniently located near Ontario International Airport and significant SoCal Freeways (i.e., I-60, I-15, and I-10). The property has approximately 60 parking stalls, including ADA parking. The existing building is currently vacant. Formerly leased by Rite Aid, the space is left with extensive existing tenant improvements, including a premium drop ceiling with an integrated lighting system, merchandise shelving, counter spaces, a manager’s office, a walk-in freezer, receiving and storage areas, a drive-through pharmacy, and many other amenities. All existing tenant improvements and utility systems (i.e., HVAC, Electrical, Communication, Fire Sprinkler, Fire Alarm, Surveillance and Security Alarm, etc.) are a part of the sale. The buyer is to verify the condition of all existing tenant improvements and utility systems. The permitted and conditional use of this property would include: • Supermarket and Grocery Store • Farmer’s Market • Alcoholic Beverage Sales • Furniture and Home Furnishings Store • Electronics/Appliance Retailer • Clothing and Accessories, Shoes, and Jewelry Store • Sporting Goods, Hobby, Book, and Musical Instrument Store • Pharmacy/Drug Store and Convenience Store • Office Supplies, Stationary, and Gift Store • Cosmetics, Beauty Supplies, and Perfume Store • Automotive Parts and Accessories • Pet and Pet Supplies Store Refer to City of Ontario Zoning Tables for additional information.

FOR SALE DETAILS

PRICE

$5,580,000 USD

PRICE/SF

$337 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Rite Aid

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Bank, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

58

LAND DETAILS

CROSS STREETS

Riverside Dr

LAND ACRES

1.47 AC

LAND SF

64,033 SF

ZONING

CN, Ontario

APN/PARCEL ID

0218-111-62

ASK ABOUT THIS PROPERTY

Kun LiHarvest Realty DevelopmentMore Info
650-646-2222

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Kun LiHarvest Realty DevelopmentMore Info
650-646-2222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.