$2,850,000
888 Indian Hill Boulevard, Claremont 91711
21,503
Lot Size
Listing Agent
Thomas Gibson - THE WRIGHT ASSOCIATED COMPANYLocated conveniently just off the 10 freeway and surrounded by key retailers such as Starbucks, Chipotle, and McDonald's, this high-traffic site is an exceptional investment that offers a predictable and escalating income stream. The new tenant, El Gallo Giro, is starting a complete top-to-bottom renovation of the building and has a brand new 15-year Absolute NNN land lease, which includes 10% rent escalations every 5 years. Don’t miss this opportunity to invest in Claremont's bustling retail scene with this no management and no stress, property.
Facts & Features
MLS® # | CV24057566 |
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Price | $2,850,000 |
Bathrooms | 0.00 |
Lot Size | 21,503 |
Year Built | 1975 |
Type | Commercial Sale |
Sub-Type | Business |
Status | Active |
Community Information
Address | 888 Indian Hill Boulevard |
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Area | 683 - Claremont |
City | Claremont |
County | Los Angeles |
Zip Code | 91711 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Has Basement | No |
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Fireplace | No |
# of Stories | 1 |
Exterior
Lot Description | Corner Lot, Near Public Transit, Paved |
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Additional Information
Date Listed | March 22nd, 2024 |
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Days on Market | 40 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Thomas Gibson |
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Office | THE WRIGHT ASSOCIATED COMPANY |