22181 Barton Rd, Grand Terrace, CA 92313

3,596 SF Specialty Building Offered at $2,921,000 at a 5.65% Cap Rate in Grand Terrace, CA 92313

Asking Price $2,921,000

Property Type
Specialty
Square Feet
3,596 SF
Price / Square Foot
$812

Listing Contacts

Scott Crowle
Michael Yuras
Vincent Aicale
Ryan Forsyth

Property Overview

This Quick Quack Car Wash is prominently positioned at the southeast corner of Michigan Street and Commerce Way, just off Interstate 215 (177,000 AADT).
The location is an outparcel to a Stater Bros Markets-anchored shopping center that includes national retailers such as AutoZone Auto Parts and McDonald’s. The site greatly benefits from its close proximity to prime community hubs such as University of California Riverside (26,847 students), Downtown San Bernadino (222,101 residents), Agua Mansa Industrial Corridor (40,000 employees), and many others.
Colton High School, Grand Terrace High School, and Grand Terrace Elementary School are located within five miles from the property, providing consistent traffic from the combined 4,700+ students and families from these schools. Arrowhead Regional Medical Center, Riverside Community Hospital and Kaiser Permanente Fontana Medical Center are located within five miles from the property, serving as another source of consistent traffic.
More than 225,000 residents live within a five-mile radius of the subject property, while the average annual household income within a one-mile radius is nearly $100,000.

Property Details

Year Built
2024
Stories
1
Property Subtype
Car Wash
Lot Size (sq. ft)
59,677 SF

Highlights

  • Brand new absolute NNN ground lease with rapidly growing tenant
  • 10% rental increases every five (5) years
  • Four (4) five (5) year lease extension options
  • 20-year ground lease with full lease term remaining
  • Quick Quack Car Wash is America’s 4th largest car wash chain with over 200 locations across Arizona, California, Colorado, Texas, and Utah
  • Excellent customer experience and turn around, Quick Quack locations can service over 165 vehicles per hour

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