A great investment property in downtown Colton. The property recently signed a long-term tenant to a 10yr lease. The tenant pays for all utilities and landscaping maintenance costs. The lease is recent, so you will have 10yrs of market rent to maximize your yield. This is a low-involvement property yielding an attractive cap rate of 5.7%. Recent property upgrades include a New Roof Replacement (April 2023), an electrical system, insulation, and a gated front yard. There are many great opportunities for the growth of this property for any owner/user or investor. Property Features: - High Street Frontage - New Insulation - 400 Amps - 120/240v - 3 Phase 4wire with updated electrical panels - (7) 12' X 12'' Roll Up Doors - Storage Mezzanine Space - 25' (h) Monument Sign - Newly Fenced Yard Space - New Roof (2023). Call Listing Agent for more details.
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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