1452 6th St
Norco, CA 92860
Grocery Outlet | New 10yr Corp NNN w/ Incrses · Retail Property For Sale
Investment Highlights
- New 10-Year Corporate Guaranteed Lease | Options To Extend | Scheduled Rental Increases
- Southern California Real Estate | 2020 Construction | High Barriers to Entry
- Anchor To New Norco Gateway Shopping Center Development | Nearby National/Credit Tenants
- NNN Lease | Fee Simple Ownership | Limited Landlord Responsibilities | 10-Year Roof Warranty
- Major Thoroughfare | Adjacent to I-15 (157,000 VPD) | Excellent Visibility & Access
- Dense Population in Affluent Trade Area | Six Figure Incomes
Property Facts
Amenities
- Freeway Visibility
- Signage
About 1452 6TH ST , NORCO, CA 92860
The subject property is strategically located along Sixth Street (31,700 VPD) and adjacent to the Interstate 15 on/off ramps (157,000 VPD), a highly traveled north/south commuter thoroughfare serving the entire western United States. Grocery Outlet is the anchor to the brand new Norco Gateway shopping center, with pad sites that include a drive-thru Taco Bell and 6,000 SF of future retail shops. The property is within close proximity to other national/credit tenants such as Rite Aid, Stater Bros, Boot Barn, 99 Cents Store, Dollar Tree, O’Reilly Auto Parts, and more, promoting crossover shopping into Norco Gateway. The site is situated in the heart of Norco, an affluent community located between Los Angeles and Riverside. The 3-mile trade area is supported by a healthy average household income of nearly $127,000. The 5-mile trade area is supported by a dense population of over 284,000 residents and over 81,500 daytime employees.
Property Taxes
| Parcel Number | 131-200-041 | Improvements Assessment | $4,762,701 |
| Land Assessment | $1,731,890 | Total Assessment | $6,494,591 |
Property Taxes
