Neighborhood Retail Strip Center on Yucaipa Blvd
$1,750,000
34838 Yucaipa Boulevard, Yucaipa, CA 92399
6.89
Cap Rate
120,605.73
NOI
Details:
Highlights:
- 3D Floorplan Tours:
- 34838 Yucaipa Blvd - https://jamesforhomes.vr-360-tour.com/e/m-ABlHZqVps/e
- 34840 Yucaipa Blvd - https://www.vr-360-tour.com/e/kWoBknkQbFk/e?hide_e3play=true&hide_logo=true&hide_nadir=true&hidelive=true&share_button=false
- 34842-44 Yucaipa Blvd - https://www.vr-360-tour.com/e/kWkBknj3n1A/e?hide_e3play=true&hide_logo=true&hide_nadir=true&hidelive=false
Description:
eXp Commercial is proud to present this prime retail investment opportunity in Yucaipa, CA. This 9,000 SF retail/strip center features six units with great frontage along Yucaipa Blvd located between old town and City Hall. Zoned for General Commercial use, this property offers a versatile space with internet resistant uses, varying floorplans, and front and rear parking. The property will be delivered 100% leased with staggered lease expirations. 18 front and 10 rear parking spaces serve the strip center, with 2 points of ingress/egress. Each unit features individual rooftop HVAC systems controlled by tenants. The building has a newer TPO roof, canopied attractive entrances visible from the street, newer exterior lights, and individual unit signage. Water service is part of the low maintenance common area serving all units. Per Yucaipa Public Works, streetscape improvements will be coming in the near future.
Located in the vibrant city of Yucaipa, CA, this prime commercial hub presents a lucrative opportunity for commercial and retail property investors. The area boasts a thriving business community, with a strategic position offering easy access to major transport routes and a host of amenities. Notable landmarks include Wildwood Canyon State Park and Oak Glen Preserve bring crowds through the diverse range of local dining and retail options. Yucaipa's strong economic growth and favorable demographic trends make it an enticing location for commercial real estate investment, ensuring long-term viability and a solid return on investment.
2 Spaces Available
34842-34844 Yucaipa Blvd Unknown Sub Type
34838 Yucaipa Blvd Strip Center
This former professional office is outfitted with cubicles, 1 private office, 2 private restrooms, and open office areas. Great footprint for any office, professional, or retail use or flooplan. One front door, a secured double side door, and a rear man door provide entrance and exit options from the unit. The unit will be refreshed for a new user and is perfect for any internet resistant business serving the community: quick service restaurants, health and wellness, personal care, pet grooming/training, specialty stores, entertainment, escape rooms, kids activities, optometrists, professional offices, and much more!
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