Log In/Sign Up
Your email has been sent.
1840 Mentone Blvd 2,267 SF 100% Leased Retail Building Mentone, CA 92359 $725,000 ($319.81/SF) 6.73% Cap Rate
INVESTMENT HIGHLIGHTS
- ProForma CAP Rate of 6.73% With a ProForma GRM of 11.07. Current CAP Rate of 5.89%.
- Recent Capital Improvements – Property features new roofs and septic system.
- Built-in Rent Growth – Liquor store tenant has 18 months remaining on lease with 5% annual rent escalations
- Dual Income Streams – Fully operational liquor and market alongside a detached residential unit.
- Prime Location along Highway 38 with great frontage.
- Upside through County-approved lot split. (Verbal Approval received)
EXECUTIVE SUMMARY
This offering presents an exceptional opportunity to acquire the Mentone Liquor & Market, a mixed-use property located at 1840 Mentone Blvd in Mentone, California. The property consists of a 1,707 SF retail liquor/market building and a detached 560 SF two-bedroom, one-bathroom single-family residence situated on a 9,583 SF lot. Priced at $747,800, the property delivers a 5.89% capitalization rate on current income, supported by a stable tenant base and long-standing community presence. Its strategic location along the high-visibility Mentone Blvd corridor offers consistent customer traffic and excellent frontage, while the inclusion of a residential unit provides additional income diversification. With its combination of retail and residential components, strong in-place returns, and position in the growing Inland Empire submarket, this property represents a rare and compelling investment opportunity.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS In Escrow
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,267 SF
Building Class
C
Year Built
1952
Price
$725,000
Price Per SF
$319.81
Cap Rate
6.73%
NOI
$48,793
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.22 AC
Zoning
CG-SCP
Parking
5 Spaces (2.21 Spaces per 1,000 SF Leased)
AMENITIES
- Corner Lot
- Fenced Lot
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0298-101-37 | Improvements Assessment | $173,890 |
| Land Assessment | $131,237 | Total Assessment | $305,127 |
PROPERTY TAXES
Parcel Number
0298-101-37
Land Assessment
$131,237
Improvements Assessment
$173,890
Total Assessment
$305,127
1 of 13
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
1840 Mentone Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.