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186 E Easton St
Rialto, CA 92376
Retail Property For Sale

Investment Highlights

  • Tenants have reported strong sales during current pandemic. NEW LOI executed by Hummus Republic. Rental Increases took effect start of 2020.
  • New 2015 Contrusction. The Rialto Plaza presents an uncommon opportunity to purchase a high-quality 100% NNN leased strip center.
  • Subject property rents average just $3.50 PSF/month Existing rents will be easily replaced or improved as leases roll. Minimal management obligation.
  • Current Cap Rate of 5.5%, NOI Growth – With Built-in Rental Increases and multiple options to extend.
  • ALL NNN TENANTS Seasoned Tenancy. 5+ Years Remaining on Chipotle, Jersey Mikes & Wing Stop. The Property is anchored by In-and-Out (NOT Included).
  • Rialto is an “under served” trade area, With Multiple Development Projects Anticipated. Including; Renaissance Market Place a 60-Acre retail center.

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
6,205 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2015
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.81 AC
Zoning
Commercial - Retail Trade

Amenities

  • Freeway Visibility
  • Signage
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

About 186 E EASTON ST , RIALTO, CA 92376

The Property is 6,205 Sq. Ft. and located on a 0.80 acre lot, adjacent to In-and-Out (not included). The property benefits from excellent visibility, great signage and strong co-tenancy. Rialto is an “under served” trade area and this strategic location is taking full advantage. Located 1 minute (0.01 Miles) from direct access to the I-210 freeway. The I-210 has among one of the highest daily traffic count of all interstates in California. LOCATION HIGHLIGHTS INCLUDE; Immediately off the Interstate-210 Freeway at the high-traffic, signalized hard corner intersection of Riverside Avenue and Easton Street -The North Riverside Avenue exit is one of the dominant retail pockets in the trade area with tenants including Stater Brothers, Carl’s Jr., Starbucks, McDonald's, In and Out, Jack in the Box, Arco, Chevron, Bank of American and many others. / RIALTO DEVELOPMENT HIGHLIGHTS INCLUDE; The City of Rialto has a variety of industrial and commercial development opportunities, from small in-fill development sites to large development sites for retail power centers, as well as existing shopping centers that need to be re-positioned to take advantage of shifting demographic trends in the region. Rialto also has several vacant in-fill sites along Foothill Blvd., commercial corners, as well as unique specialty retailing opportunities in the downtown Central Business District (“CBD”). Rialto’s downtown is currently undergoing a renaissance following the completion of a $2.8 million streetscape improvement project and assistance from the Agency’s seismic and façade grant program. Renaissance Market Place Project: The 60-acre Renaissance Marketplace retail center / Location: Intersection of Ayala Drive and Renaissance Parkway, south of the 210 Freeway. Valley & Spruce Project. Request: Development of one 404,837 square foot warehouse distribution building with 5,000 square feet of office space and landscaping on approximately 16.9 acres. / Location: City of Rialto, north of Interstate I-10 and west of interstate I-215 Renaissance East Request: 80,000 square foot Retail/Commercial Center / Location: North East corner of Ayala Drive and Renaissance Parkway (Renaissance Specific Plan) CapRock Distribution Center III Request: Development of a 525,110 square foot warehouse on 24.37 acres of land / Location: NEC Willow Avenue and Santa Ana Avenue Fountainhead Shrugged, LLC Request: Development of a 1,650 square foot drive-thru commercial building / Location: SE corner of Riverside Avenue and Easton Avenue (Completed) Renaissance Specific Plan Revision Request: Modification to the existing land use plan / Location: South of SR 210 freeway, west of Ayala Drive, east of Alder Avenue, and north of Baseline Road

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0127-031-12
  • 0127-031-11
Land Assessment
$1,040,400
Improvements Assessment
$3,329,280
Total Assessment
$4,369,680
  • Listing ID: 15644910

  • Date on Market: 4/5/2019

  • Last Updated:

  • Address: 186 E Easton St, Rialto, CA 92376

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