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Beaumont Retail Trades for $2.5M

A private party purchased the retail property at 1488 E. 2nd St. in Beaumont, CA for $2.5 million, or $500 per square foot, from Fountainhead Development.

Newly constructed in 2013, the single-tenant retail property totals 4,990 square feet on approximately half an acre, part of the San Gorgonio Village shopping center located at the northwest corner of Commerce Ct. and E. 2nd St.

The asset is fully leased to Ramona Tire & Service Center…

via Inland Empire Commercial Real Estate News From CoStar Group http://seattle.costargroup.com/News/Article/Beaumont-Retail-Trades-for-$25M/152969?ref=/News/Article/Beaumont-Retail-Trades-for-$25M/152969&src=rss

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