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$ 195,000
Est. payment | /mo
$ 195,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CV25124503
HOA Y/N No
Year Built 2002
Property Description
Commercial retail property lease opportunity in Chino, CA offering stable investment returns. This 6,988 square foot retail space and 44,867 sqft lot constructed in 2007, is currently leased to a Korean BBQ restaurant operation at $4,900 net per month ($58,800 annually) plus NNN. The ground lease provides guaranteed net income of $55,000 plus per year with 12 years remaining total net income $650,000 plus on the lease term. This property offers investors a passive income stream with an established tenant in place. The substantial square footage and restaurant-ready configuration make this an attractive investment for those seeking consistent cash flow from commercial real estate.
Location
State CA
County San Bernardino
Area 681 - Chino
Interior
Fireplace No
Others
Tax ID 1022271190000
Listed by Bin Gong PINNACLE REAL ESTATE GROUP 626-922-5322