Active

888 S Indian Hill Boulevard

Claremont CA, 91711

$2,850,000


$1,557.38 per sqft

Active

1,830 sqft

Commercial

Built in 1975

Listed by Thomas Gibson with THE WRIGHT ASSOCIATED COMPANY 626-610-1309

Located conveniently just off the 10 freeway and surrounded by key retailers such as Starbucks, Chipotle, and McDonald's, this high-traffic site is an exceptional investment that offers a predictable and escalating income stream. The new tenant, El Gallo Giro, is starting a complete top-to-bottom renovation of the building and has a brand new 15-year Absolute NNN land lease, which includes 10% rent escalations every 5 years. Don't miss this opportunity to invest in Claremont's bustling retail scene with this no management and no stress, property.

CV24057566

MLS ID

March 22, 2024

Listed

March 29, 2024

Updated

Map

888 S Indian Hill Boulevard
Claremont CA, 91711

Interior Features

Total Stories

1


Laundry Description

None


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.49 Acres


Lot Features

Corner Lot, Near Public Transit, Paved

Other Property Details

Area Name

683 - Claremont


Days on Market

6


Garage

No


View

No


County

Los Angeles


Water Source

Public


Pool

No


Buyer Agency Compensation

2.5%

Listing Contact: 626-610-1309 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/29/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/29/2024 at 1:44 AM UTC

 

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