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DESCRIPTION

Ashwill Associates is pleased to present, for sale, Montclair East Shopping Center; a fully leased Southern California shopping plaza with 87% of its square footage leased to national brand tenants. Located at 5391-5467 Moreno St. Montclair, CA 91763, the 9.56 Acre property is made up of a healthy tenant mix and is well positioned for the local demographics. Freeway frontage off the 10 Freeway and sitting next to Montclair Place, a recently modernized and updated indoor mall, Montclair East Shopping Center features freeway visible monument signage, ample parking, high foot traffic and excellent ingress/egress. With freeway on ramps and off ramps at Central Ave. The center can be easily accessed from both Los Angeles and the Inland Empire. Surprisingly, this thriving center can now be purchased for below replacement cost. It is the perfect 1031 upleg property for investors seeking an investment with low management. The two separate parcels can be sold together or independently.

KEY DETAILS
  • Price:
  • $25,000,000
  • Bedrooms:
  • 0
  • Full Baths:
  • 0
  • Square Footage:
  • 135,987
  • Acreage:
  • 8.81
  • Year Built:
  • 1993
  • MLS #:
  • PW21245442
  • Street Address:
  • 5391 Moreno St
  • City:
  • Montclair
  • State:
  • CA
  • Postal Code:
  • 91763
  • County:
  • San Bernardino
  • Area:
  • Montclair
  • Listing Status:
  • For Sale - Pending

Building

  • Stories:
  • 1
  • Total # Of Buildings:
  • 2
  • Total Building Square Footage:
  • 135987
  • Year Built:
  • 1993

Land

  • Approximate Lot Size Range Source:
  • Assessor
  • Lot Features:
  • Level, Rectangular Lot
  • Lot Size:
  • 383763
  • Lot Square Footage:
  • 383763

Listing

  • Days On Market:
  • 139
  • On Market Date:
  • 2021-11-09
  • Originating Mls:
  • Crmls
  • Terms:
  • Cash, Cash To Existing Loan, 1031 Exchange

Location

  • Building Name:
  • Montclair East Shopping Center

Systems

  • Existing Water:
  • Public

Source

  • Provided By:
  • Listing Agent William Hugron with Ashwill Associates

    CACRMLS
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