301 Yale Avenue

Claremont, CA 91711

$4,425,000

Sold Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $495 / sqft

1995

calendar_month Built

Property Description

The Shoppes at Yale is a rare opportunity to acquire a prominent value-add retail center in the City of Claremont. Claremont is also known as the 'Harvard of the West'. The property is being sold by the original developer and is on the market for the first time ever. The asset is comprised of seven retail tenants: Birkenstock, Persipolis, 4 C's Finecraft Jewelers, Tattle Tails, Tocaja, Del Anno, and Menkoi Ya Ramen. This 7-Tenant shopping center has below market rents at $2.04 per square foot and short term tenancy. The property has 8 open parking spots on site, along with ample city owned street parking in front of the stores. The retail center has a strong walkability score of 78 with traffic counts over 22,862 car per day. Surrounding residential neighborhoods include Bonita Terrace Apartments, Claremont Village, and Courier Place Apartments. It is also walking distance to the seven highly prestigious Claremont Colleges.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type Central Air

Listing Information

Address 301 Yale Avenue
City Claremont
State CA
Zip 91711
County Los Angeles
Listing Agent Mark Bridge DRE#01316702
Courtesy Of Mark Bridge, Broker
MLS OC19259188
Close Price $4,425,000
Close Date Tuesday, January 14th, 2020
Status Closed
Type Commercial
Subtype Retail
Structure Size N/A
Lot Size N/A
Year Built 1995
DOM 50

Exterior Information

Maps

Listing information courtesy of: Mark Bridge, Mark Bridge, Broker . *Based on information from the Association of REALTORS/Multiple Listing as of Jan 15th, 2020 at 1:25 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.