London Square 2 Retail Properties Offered at $3,334,815 CAD in San Bernardino, CA



INVESTMENT HIGHLIGHTS
- Heavy Foot Traffic
- Triple Net Core Investment
- 100% Leased
- Abundant Parking
- Long Term Established Tenants
- Well Maintained Property
EXECUTIVE SUMMARY
Fantastic Triple Net Core Investment Opportunity. London Square is Currently 100% Leased to Both Long Term Tenants, as well as New Tenants Who Have Just Joined the Center. The Property Has Undergone a Complete Transformation Since Being Acquired in 2021. Tenants Have Been Placed Bringing the Occupancy to 100%, the Aesthetics and Curb Appeal of The Center Have Been Upgraded, A New Roof Was Installed in 2024 for Both Buildings, and the Parking Lots Received a New Slurry Coat in 2022. All Tenants at the Center Contribute to the Heavy Foot-Traffic That It Receives. Notably, the Pizza House is a Well-Known City Favorite Who Have Been at the Center Since 2013. Furthermore, Extraordinaire Arcade Have Vastly Grown as One of the Main Go-To Retro Arcade Spots in the Entire Inland Empire. The Center's Longer-Term Tenants Have Renewed Their Leases with the Landlord Multiple Times, Showing Stability and Comfortability with the Center. The Property Also Provides Abundant Parking for All Tenants and Their Customers/Clientele, Monument Signage for All Tenants, and a Fire Alarm Monitoring System Throughout All Units.
For Any Questions or Inquiries, Please Contact Hayden Caballero by Cell: (626) 506-8383 or Email: hayden@itrgcre.com
Please Do not Disturb or Approach the Tenants! Drive-By Only. Tours For the Interior of the Units Only After an Accepted Offer.
For Any Questions or Inquiries, Please Contact Hayden Caballero by Cell: (626) 506-8383 or Email: hayden@itrgcre.com
Please Do not Disturb or Approach the Tenants! Drive-By Only. Tours For the Interior of the Units Only After an Accepted Offer.
DATA ROOM Click Here to Access
- Offering Memorandum
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) |
---|---|
Gross Rental Income |
$99,999
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Other Income |
$99,999
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Vacancy Loss |
$99,999
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Effective Gross Income |
$99,999
![]() |
Taxes |
-
![]() |
Operating Expenses |
-
![]() |
Total Expenses |
$99,999
![]() |
Net Operating Income |
$99,999
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PROPERTY FACTS
Price | $3,334,815 CAD |
Price / SF | $228.76 CAD / SF |
Sale Condition | 1031 Exchange |
Cap Rate | 5.52% |
Sale Type | Investment |
Status | Active |
Number of Properties | 2 |
Individually For Sale | 0 |
Total Building Size | 14,578 SF |
Total Land Area | 1.38 AC |
PROPERTIES
PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
---|---|---|---|---|
London Square
2339-2377 N Sierra Way, San Bernardino, CA 92405 |
Retail | 10,216 SF | 1975 | - |
2433 N Sierra Way, San Bernardino, CA 92405 | Retail | 4,362 SF | 1975 | - |
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