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1035 Parkford

Redlands, CA 92374
  • $4,305,717
  • STATUS: ACTIVE
  • ON SITE: 133 Days
  • ID#: EV22051687
UPDATED: 16 min ago
$4,305,717
  • 0
    BEDS
  • 3.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

Great Opportunity to own a parcel of land on the 10 Frwy Off Ramp with long term ground lease in place. The Current Tenant has 78 years remaining on the lease. The Tenant built LA Fitness. You own the land with the Ground lease in place. Ideal purchase for long term investment in a Trust, REIT or Pension Fund. There are bumps in the rent built into the lease, every 5 years (see Rent schedule) and this is a NNN lease Tenants pay all cost associated with the property and Buildings the Tenant constructed on the parcels. The current rent per parcel annually is $69,742.00. Parcel 0174-143-07 is also being sold by the same seller and can be purchased together or separately. Great Opportunity to own a parcel of land on the 10 Frwy Off Ramp with long term ground lease in place. The Current Tenant has 78 years remaining on the lease. The Tenant built LA Fitness. You own the land with the Ground lease in place. Ideal purchase for long term investment in a Trust, REIT or Pension Fund. There are bumps in the rent built into the lease, every 5 years (see Rent schedule) and this is a NNN lease Tenants pay all cost associated with the property and Buildings the Tenant constructed on the parcels. The current rent per parcel annually is $69,742.00. Parcel 0174-143-07 is also being sold by the same seller and can be purchased together or separately.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.triolorealty.com/homes/127156260
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1035 Parkford Redlands, CA 92374

  • Price: $4,305,717
  • Status: ACTIVE
  • On Site: 133 Days
  • Updated: 16 min ago
  • ID#: EV22051687
0
Beds
0
Baths
0
½ Baths
3.41
Acres
Neighborhood:
Redlands (92374)
County:
San Bernardino
Area:
Redlands (92374)
Property Description
Great Opportunity to own a parcel of land on the 10 Frwy Off Ramp with long term ground lease in place. The Current Tenant has 78 years remaining on the lease. The Tenant built LA Fitness. You own the land with the Ground lease in place. Ideal purchase for long term investment in a Trust, REIT or Pension Fund. There are bumps in the rent built into the lease, every 5 years (see Rent schedule) and this is a NNN lease Tenants pay all cost associated with the property and Buildings the Tenant constructed on the parcels. The current rent per parcel annually is $69,742.00. Parcel 0174-143-07 is also being sold by the same seller and can be purchased together or separately. Great Opportunity to own a parcel of land on the 10 Frwy Off Ramp with long term ground lease in place. The Current Tenant has 78 years remaining on the lease. The Tenant built LA Fitness. You own the land with the Ground lease in place. Ideal purchase for long term investment in a Trust, REIT or Pension Fund. There are bumps in the rent built into the lease, every 5 years (see Rent schedule) and this is a NNN lease Tenants pay all cost associated with the property and Buildings the Tenant constructed on the parcels. The current rent per parcel annually is $69,742.00. Parcel 0174-143-07 is also being sold by the same seller and can be purchased together or separately.
Exterior Features

Fencing N/K Topography Level

Property Features

Cfd Mello Roos Fee 104446.0 Cfd Mello Roos Fee Reflects Year Home Owners Fees 0.0 Miscellaneous Value in Land Terms Cash Utilities Available Cable TvElectricTelephone

San Diego MLS logo Listing provided courtesy of Keller Williams Realty. Listing information © 2022 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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Keller Williams - Triolo Realty Group
12780 High Bluff Drive, Suite 130
San Diego CA, 92130