951-237-2447
424 Mill St, Colton, CA for Sale
Convenience Store - FOR SALE
1/2
null | Request Cap Rate

424 Mill St
Colton, CA 92324


HIGHLIGHTS

  • High Traffic Corridor
  • Great Location
  • High Visibility

OVERVIEW

INVESTMENT HIGHLIGHTS Investment Highlights: 1. 47-Year Ground Lease: Single-tenant lease with a $1,000 rent bump effective in 2030, followed by a 10% rent increase every five years. 2. Prime Location: Situated at a high-traffic, signalized corner, surrounded by high-credit retail tenants including Foods Co, Sonic Drive-In, 99 Cents Store, Taco Bell, Superior Grocers, AutoZone, and more. 3. Strong Brand Recognition: Arco Gas Station, known for its operational standards and quality gasoline, offers reliability and trust for investors. 4. Supportive Demographics: o Population: Approximately 53,151 residents in the immediate trade area. o City Growth: Colton is California’s 9th largest city, experiencing robust economic and population growth.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,058 SF

ZONING

C2

APN/PARCEL ID

0160-042-15

ASK ABOUT THIS PROPERTY

Gus OtakiPETROLEUM REALTYMore Info
951-237-2447

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Gus OtakiPETROLEUM REALTYMore Info
951-237-2447

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