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34657 Yucaipa Blvd 2,514 SF 100% Leased Retail Building Yucaipa, CA 92399 $2,100,000 ($835.32/SF) 5.47% Cap Rate



Investment Highlights
- 3-Units
- Renovated, Quality Improvements
- High Traffic Street Front
- Fast Food Drive-Thru, Single Family Residence, Mini Sports Complex Batting
Executive Summary
Investment Opportunity! .74ac Commercial Mixed-Use property for sale with 96' frontage on busy Yucaipa Blvd - generating income from three existing tenants, 100% Tenant Occupied. 1594sf Aibeto's Mexican Food drive-thru with pylon signage, a local favorite in town with tremendous sales traffic. Asphalt and striping refresh was just recently completed. In the middle of the property is a 920sf private residential retreat with luxury living and resort vibes. The beautifully upgraded home is 3-bedrooms 2-baths and offers the perfect blend of comfort & entertaining featuring a custom-designed backyard oasis complete with a rock waterfall pool, jacuzzi, palapa structures and covered patio areas, wet bar, a large concrete tiled bar with BBQ, outdoor restrooms, shower - all within a spacious secured yard. Interior includes a gas fireplace, wood laminate floors, recessed lighting, shutters, modern upgrades and upscale finishes. At the rear of the parcel is a newly installed mini sports complex with batting cages, complete with artificial turf on a concrete foundation. Tremendous value-add potential! Buyer to verify own zoning/use with City of Yucaipa. **Buyer must comply with Seller 1031-Exchange**
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,514 SF
Building Class
C
Year Built
1951
Price
$2,100,000
Price Per SF
$835.32
Cap Rate
5.47%
NOI
$114,939
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
0.74 AC
Opportunity Zone
Yes
Zoning
CG - general commercial
Parking
20 Spaces (7.96 Spaces per 1,000 SF Leased)
Frontage
96’ on Yucaipa Blvd
Amenities
- 24 Hour Access
- Fenced Lot
- Pool
- Pylon Sign
- Restaurant
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0319-021-28 | Improvements Assessment | $530,604 |
| Land Assessment | $509,380 | Total Assessment | $1,039,984 |
Property Taxes
Parcel Number
0319-021-28
Land Assessment
$509,380
Improvements Assessment
$530,604
Total Assessment
$1,039,984
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34657 Yucaipa Blvd
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